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encore casino covidA report from YouGov, a research firm in London, said recently that nearly one in two millennials even find casinos depressing.“Everyone seems really positive about that,” Live Nation Philadelphia President Geoff Gordon told the Press of Atlantic City about the show bringing in younger people. Ivor Jones, an analyst at Peel Hunt, noted that, beyond its initial outlay of 0 million, GVC will not be required to spend big on a range of different market-entry strategies, as will many of its competitors.“GVC has signed up for a joint venture with one of the largest gambling businesses in the US on an exclusive basis,” he said in the note. The more people that come, the more revenue generated.”Continuing PartnershipWith the openings of Hard Rock and Ocean Resort, Atlantic City needs more visitors, and lots of them, to support being a nine-casino town. new luckyland casino loginThe Chainsmokers lit up the Atlantic City beach on Sunday. The Chainsmokers lit up the Atlantic City beach on Sunday. (Image: Live Nation)The 4:15 pm Sunday afternoon show was to culminate a star-packed concert weekend in Atlantic City, but after Demi Lovato’s Friday show was canceled due to the singer’s apparent overdose last week, The Chainsmokers were the biggest headliners in town.Live Nation booked Cheat Codes, an electronic music DJ trio, in Lovato’s place, and made the concert a free event. bicycle casino money laundering

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Attendance estimatefanduel casino on ipads have not yet been released, but the show seemed to satisfy Live Nation’s contract with the CRDA that requires the concert organizer to book acts that draw 30,000 or more people.Millennial ImpactThe Chainsmokers attracted a demographic long-sought by Atlantic City casinos: the millennial.Numerous studies have shown that the 18- to 34-year-old doesn’t enjoy slot machines nearly as much as their parents and grandparents. ship with MGM in New Jersey, where it supplies technology for the Borgata’s online poker and casino operations, though PartyPoker — and the Party brand will also play a significant role in the deal.Not Just Sports Betting“The new venture will have exclusive access to all US land-based and online sports betting, online real money and free-to-play casino gaming, major tournament and online poker, and other similar future interactive businesses — facilitating entry into multiple digital gaming verticals under the playMGM and partypoker headline brands,” the two companies said.The venture will also allow for full integration between the MGM Resorts and GVC loyalty programs, enhancing the user experience and value proposition for existing and future customers.”In May, the US Supreme Court rejected PASPA, the federal law that had prohibited state-sanctioned sports betting since 1992, paving the way for states to legalize and regulate bookmaking operations.‘De-Risking’ the MarketWhile the biggest betting operators from the UK and Europe — names like William Hill, Paddy Power Betfair and Bet365 — have been busily forging deals as they seek to make inroads into the gradually emerging markets, Ladbrokes and GVC had been oddly quiet.It’s now clear why. 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