Are Casinos of Interest to New Millennials? (Part Two)

Are Casinos of Interest to New Millennials? (Part Two)

Posted by: on Nov 28, 2016 | No Comments

Having seen the crossroads of technology and gambling, the question arises: Which is the path best taken to bring back the younger generation to casinos.

According to the Applied Analysis for the Association

Are Casinos of Interest to New Millennials?

Are Casinos of Interest to New Millennials?

Posted by: on Nov 21, 2016 | No Comments

Gaming might be a popular activity on a mobile device or phone but for some years, the gaming industry has been looking at a bleaker picture when it comes to footfalls in halls, casinos and other physical venues. The American Gaming Association,

Cracking the American Lottery (and Admitting it)!

Cracking the American Lottery (and Admitting it)!

Posted by: on Sep 28, 2016 | No Comments

In America, lotteries are as old as history. It was a lottery that provided the much needed funds for everything from the establishment of the colonies to railroad construction and for universities such as Yale and Harvard. In fact, currently 5% of the money used for state education comes from lottery revenue earned by the government. The first

Macau: Has China’s Jewel in the Gown Faded?

Macau: Has China’s Jewel in the Gown Faded?

Posted by: on Aug 12, 2016 | No Comments

Las Vegas Sands, the first western casino to open in Macau after deregulation, has posted a decline of 17% or $1.44 billion in revenues from operations in Macau in the second quarter. The operating income has also shrunk by 18% year-on-year. The cumulative effect of these two downslides is that the casino operator is currently facing 32%

Stu Ungar: Poker’s First Disruptive Innovator

Stu Ungar: Poker’s First Disruptive Innovator

Posted by: on Aug 1, 2016 | No Comments

When Forbes magazine compiled a list of the most disruptive trends in business, they defined “disruption” as something that “…displaces an existing market, industry, or technology and produces something new and more efficient and worthwhile. It is at once destructive and creative.” While the Davids of the business world shake up the Goliaths with disruption,

Germany’s Favorite Casinos

Germany’s Favorite Casinos

Posted by: on Jul 20, 2016 | No Comments

Laws governing casino operations in Germany were liberalized in 2008. In 2012, the new Interstate Treaty on Gambling (ISTG) 2012 put all games of chance under state monopoly and retained the earlier prohibition on online poker and online casino games. The 2012

Construction Underway on 3 New Casinos in New York State

Construction Underway on 3 New Casinos in New York State

Posted by: on Jun 17, 2016 | No Comments

Construction is underway on three new casinos in New York State, after the New York State Gaming Commission granted licenses for three lavish resort casinos across New York State in December 2015. The resorts are the Montreign Casino and Raceway,

Resorts World Las Vegas Moves One Step Closer to Reality

Resorts World Las Vegas Moves One Step Closer to Reality

Posted by: on Jun 3, 2016 | No Comments

Resorts World Las Vegas, to be built by the Malaysia-based Genting Group, came one step closer to reality when a three-member panel of the Nevada Gaming Control Board gave preliminary approval for a range of applications by the company, such as the

Australia’s Casino Industry Continues its Expansion

Australia’s Casino Industry Continues its Expansion

Posted by: on May 20, 2016 | No Comments

Australia’s casino industry is anticipating continued strong business from Chinese and Indian tourists as it expands across the nation. The industry will be spending more than 15 billion Australian dollars (AUD) over the next decade to build new luxury

Macau Casino Revenues Down Less than Expected in April 2016

Macau Casino Revenues Down Less than Expected in April 2016

Posted by: on May 6, 2016 | No Comments

Macau casino revenues fell by 9.5% on a year-on-year basis in April 2016 to $2.2 billion, according to data from Macau’s Gaming Inspection and Coordination Bureau. This marks the twenty-third consecutive month of declines. Macau’s casinos have been