Atlantic City Casino Income Shows Signs of Stabilizing, Online Gambling Thriving The financial crash in Atlantic City has seemed to bottom out at least for the casinos, as revenues for the residual gambling resorts are 3.1 percent higher than they were at this time year that is last. Atlantic City casinos may have finally weathered the storm and started to stabilize the gambling industry for the eight resorts that are remaining. After 10 years of declining revenues as a result of America’s Great Recession and neighboring states pushing gambling legislation in response to abating tax bases, Atlantic City has seemed to reach a norm that is new. Less than couple of years after one-fourth of its casinos went out of […]

Delaware Brick-and-Mortar Casino Sector Advisory Board Holds State’s Fate, While Maintaining Cards Close The Delaware casino that is land-based has been struck hard by increased competition from new areas in neighboring states, as the more recent and shinier casinos of Pennsylvania and Maryland outperform its three struggling, and highly taxed, racinos. Dover Downs is Delaware’s biggest and only publicly traded racino, but high taxes that are domestic increased competition across the state line means crisis for the home plus the state’s two other racinos. The sector, which comprises Harrington Raceway, Dover Downs, and Delaware Park, peaked in 2006, the Pennsylvania began issuing its first casino licenses, when slot revenues hit more than $650 million year. By 2016, slots and table […]

Russia Casino Development Web Sites for Sale, Unclear If Any ongoing companies Are Rushing In Three casino that is russian parcels reserved for gaming and hotel development are on the auction block near Vladivostok. The world’s country that is largest happens to be trying to transform china and taiwan port city into a bustling activity and gambling destination that attracts tourists and high rollers from Asia, South Korea, and Japan. Eight years after Primorsky obtained approval to produce its version that is own of nevada Strip, just one Russia casino has been built in the ‘gaming area.’ (Image: Derek Strahan/Lost brand New England) Some 30 miles northeast of the city in 2009, Russia’s federal government authorized a gaming strip. The […]

 Nj-new Jersey Governor Chris Christie Demands Atlantic City Budget Slim Down for Municipal Workers New Jersey Governor Chris Christie is no longer crisscrossing the country on the presidential campaign trail, and therefore the Republican, now in his 2nd gubernatorial term, has more time to refocus his efforts on issues facing his own state. Nj-new Jersey Governor Chris Christie said enough will do on Thursday, calling on state lawmakers to seize control of the town. He made his instance designed with colorful graphs displaying the overspending that is reckless’s become rampant in Atlantic City. No concern is more vital in New Jersey right now than Atlantic City’s current financial crisis. On Thursday, Christie told their fellow legislators that it’s within […]

Casino News: Encore Boston Harbor Revenues, Las Vegas Casino Sues Evander Kane This week’s casino news includes revenue that is disappointing from Encore Boston Harbor and the Macau casino industry. Our news report also includes the Cosmopolitan Las Vegas suing an NHL player for unpaid gambling debts. When it absolutely was authorized by Massachusetts voters in 2012, Encore Boston Harbor was sold to the public as a remedy for the commonwealth’s revenue shortages. There was large amount of hype about the town of Boston obtaining a casino however the locals have now been tepid in terms of visiting it. We are going to begin with that whole story once we recap this week’s casino news. Encore Boston Harbor Falls Far […]

Casino News: NJ Growth, Iowa Sports, Grand Theft This week’s casino news begins by having an online casino of the kind that is different. The on-line casino inside the most popular gaming Grand Theft car is causing a stir around the world as movie gamers go to gamble. Over 50 Countries Ban Gambling In Brand New Diamond Casino Grand Theft Auto Online has developed quite the controversy having its newest large-scale drop that is content. The release that is recent a brand new playground for the ultra-wealthy of Los Santos to gamble in the Diamond Casino and Resort. Whilst the origin with this online casino experience is a video game, a quantity of worldwide governments from around the world have […]

Casino News: Group Purchases Resorts World Catskills, Jerry Jones Gets Endorsement This week’s casino news follows up on a tale from the other day where in fact the Resorts World Catskills ended up being nearing bankruptcy. Fast forward to the week and they’ve found a solution for their financial woes. Genting Group Purchases Upstate New York Casino Last week, it absolutely was stated that the Resorts World Catskills was on the brink of bankruptcy. This week, they have discovered a buyer to greatly help them escape of financial trouble. The Genting Group has bought the Resorts World Catskills from Empire Resorts. The announcement comes lower than two weeks after the casino’s parent business considered filing for Chapter 11 bankruptcy. Empire […]