Why US Casinos Shattered Records with $60 Billion in Revenues in 2022

Why US Casinos Shattered Records with $60 Billion in Revenues in 2022

Posted by: on May 15, 2023 | No Comments

The US commercial gaming market broke all records, generating revenues worth a whopping $60.4 billion in 2022, representing a rise of about 14% year-on-year and

Casino Hubs to Visit after the Coronavirus Crisis

Casino Hubs to Visit after the Coronavirus Crisis

Posted by: on May 11, 2020 | No Comments

Despite the surge in online gambling, the global casino industry remains a huge enterprise. Before the COVID-19 crisis came into the picture, the industry was touted to reach $525 billion by 2023, growing at a CAGR of approximately 4%

Could 2020 Be the Year for Online Casinos?

Could 2020 Be the Year for Online Casinos?

Posted by: on May 4, 2020 | No Comments

The global casino industry, which thrives on tourism and large groups of people in close proximity, has been hit hard by the COVID-19 crisis. The first 4 months of 2020 could be the worst on record for Macau’s casino operators, with

Global Casino Industry Grapples with Geo-Political Pressures

Global Casino Industry Grapples with Geo-Political Pressures

Posted by: on Mar 12, 2020 | No Comments

A combination of global developments is proving costly for the casino industry. Coronavirus or Covid-19, a deadly virus has taken global centre stage, disrupting trade, supply-chains, tourism, business activities and even cultural events. The number of infected people has surpassed 126,000

Casino Industry Contributes Towards Finding a Coronavirus Cure

Casino Industry Contributes Towards Finding a Coronavirus Cure

Posted by: on Feb 27, 2020 | No Comments

The Coronavirus epidemic (Covid-19) is one of the fiercest health epidemics to hit the world since the SARS 2002-03 outbreak. Originating in the Wuhan province of China in December 2019, the disease has already infected 71,442 people worldwide and killed 1,776

Cambodia’s Casino Drive: Another Asian Success Story

Cambodia’s Casino Drive: Another Asian Success Story

Posted by: on Dec 8, 2019 | No Comments

The casino industry is booming across Asia, with the proliferation of integrated casino resort facilities in destinations like Macau, Singapore and Vietnam. Macau has been a prominent gaming hub in the continent, with revenues surpassing Las Vegas casinos. At

Increased Scrutiny and Litigation Pose Hurdles for Region C Casino Development in South-Eastern Massachusetts

Increased Scrutiny and Litigation Pose Hurdles for Region C Casino Development in South-Eastern Massachusetts

Posted by: on Nov 13, 2019 | No Comments

The Region C casino license was the third and final destination casino property, legalised by the state of Massachusetts, in its 2011 Expanded Gaming Act. Under this act, the Massachusetts Gaming Commission (MGC) had authorised three

Global Casino Giants Looking to Get a Slice of Japan’s IR Market

Global Casino Giants Looking to Get a Slice of Japan’s IR Market

Posted by: on Aug 28, 2019 | No Comments

Over the past few years, Asian markets have become prominent hubs of the Integrated Resort (IR) business model. IRs are complex resorts offering diverse leisure activities, right from huge hotels to entertainment facilities like fun shows, shopping malls,

Where is the Asian Casino Market Headed?

Where is the Asian Casino Market Headed?

Posted by: on Aug 9, 2018 | No Comments

Possibly the biggest development for the Asian casino industry so far in 2018 has been the Japanese government’s approval of commercial integrated casino resorts in the country. Under the leadership of Prime Minister Shinzo Abe, Japan has now authorized the opening of three gambling properties in the country, with the tax on gross revenue set at 30%