Category: Money

Atlantic City casinos are back in action following a grim 2020

September 17, 2021

Casinos in Atlantic City have reported strong numbers for August It is no secret that the arrival of the pandemic caused by COVID-19 had an economic impact on all casinos in the country, including those located in Atlantic City. During the pre-pandemic year, in 2019, the casinos in this city were making huge profits; however, […]

Massachusetts casinos report a slight drop in revenue for August

September 16, 2021

Gambling properties in Massachusetts retreat from July’s record-setting action While August was a pretty good month for casinos in different states and cities, Massachusetts seems to have been the exception. Revenues at the state’s two casinos and one slot parlor took a bit of a stumble last month, after having a successful July. According to […]

Detroit’s casinos had a pretty good month in August

September 15, 2021

The city’s three commercial gambling houses report over $112 million in combined revenue August was a pretty good month for many casinos in different states and Michigan, specifically Detroit, has not wanted to be left behind. According to the report shared by the Michigan Gaming Control Board (MGCB), the three casinos located in the Motor […]

Ohio casinos and racinos did well last month

September 14, 2021

August was a record-setting month for Ohio’s gaming properties According to reports from state casino control and lottery commissions, August was a month that should go down in the history of Ohio’s casino and racino industry. According to reports, another monthly record has been set, as gaming revenues were able to collect a total of […]

Penn National close to launching new $100-million casino, begins looking for workers

September 10, 2021

The new Hollywood Casino Morgantown is a huge investment for the casino operator After months of effort, Penn National Gaming will finally open the doors to the closest casino to its Reading-area headquarters later this year. Named Hollywood Casino Morgantown, the $111-million project will be located just off Morgantown, along the Pennsylvania Turnpike in Caernarvon […]

Maryland casinos generated over $168 million last month

September 9, 2021

Maryland continues to be a strong state for gambling The combined revenue strength of Maryland’s six different casinos, as reported by the Maryland Lottery and Gaming, brought in a staggering $168.5 million during the month of August. Compared to the same month last year, an increase of $18,910,348 (12.6%) is reported, indicating that the casino […]

Bally’s Atlantic City ready to start $100-million renovation

September 8, 2021

The massive project will allow the property to up its status in the city The paperwork necessary for the renovation of the Bally’s hotel in Atlantic City to begin has finally been put in order, receiving approval from the state. According to a company official at a recent New Jersey Casino Control Commission public hearing, […]

Caesars Entertainment completes sale of Indiana casino

September 7, 2021

The Eastern Band of Cherokee Indians is the official owner of an Indiana casino The previously announced sale of Caesars Southern Indiana operations turned out to be a success, as Caesars Entertainment was finally able to shake hands with the Eastern Band of Cherokee Indians, the entertainment and casino company announced late last week. According […]

Blackstone puts a huge price tag on the sale of the Cosmopolitan in Las Vegas

September 6, 2021

The investment company wants $5 billion to offload the struggling Vegas casino It’s no secret that owning a casino in Las Vegas is a privilege, but sometimes it comes at a high price. A clear example of this is the sale price that Blackstone Inc. put on its Cosmopolitan of Las Vegas complex. According to […]

Multimillion-dollar renovations coming to Iowa’s Grand Falls Casino & Golf Resort

September 3, 2021

The casino will roll out upgrades in phases, spending more than $8 million to update the venue Casino renovations are intended to continue to attract thousands of visitors each year. In the case of Grand Falls Casino & Golf Resort, its general manager, Sharon Haselhoff, assures that the new look of the resort’s interior will […]

Man arrested after armed robbery at Bally’s Casino indicted

September 1, 2021

The thief has been charged with first-degree robbery and third-degree possession of a weapon The formal indictment by a state grand jury has come for a Burlington County man after he threatened a patron with a box cutter during an attempted robbery that took place at Bally’s Hotel and Casino in Atlantic City. According to […]

Woman charged over theft of $8,000 in chips from Rivers Casino

August 31, 2021

The casino-goer couldn’t resist the temptation of trying to score some free cash The start of last week was not at all pleasant for a Madison, WI, woman after she was charged by Des Plaines police for stealing 16 poker chips valued at $500 each from the Rivers Casino in Des Plaines, IL. This brought […]

Resorts World Las Vegas off to a great start

August 30, 2021

The newest Vegas property hits strong revenue after its first week in operation Resorts World Las Vegas (RWLV) is the newest casino resort to hit the Las Vegas gaming scene, and it is getting started on the right foot. The casino, built by Genting Group, just reported its financials for the first week of operations […]

Nevada’s casinos continue to show significant post-COVID-19 growth

August 27, 2021

Even as the Delta variant threatens Nevada once again, casino revenue is picking up It has been almost 90 years since gambling became legal in Nevada, and although we are still in the midst of a not-so-fading pandemic, the state’s casinos have managed to set an all-time record for gross gaming revenue (GGR). There are […]

Golden Nugget casinos are seeing gains following a dismal year

August 26, 2021

The Tilman Fertitta-led casino operator had a successful second quarter The vaccination process and decrease in the number of COVID-19 positive cases have increased people’s encouragement to leave their homes. That seems to be a positive factor that greatly helped the second-quarter reports shared by Golden Nugget, Tilman Fertitta’s traditional casino and hospitality company. In […]

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