2024.07.19
paragon casino zydecoMichigan online gaming revenue totaled 2.4 million in September, the state’s all-time highest monthly haul. MGM Resorts International (NYSE:MGM) controls the other half, and that company must approve any deal that involves Entain being acquired and folded into what could become a competing business. But that appears to be the only tie between DraftKings and the casino operator.Other points indicate long odds of DraftKings moving on Circa. cashman casino bonus coinsThe Michigan Gaming Control Board revealed today that the state’s licensed online gaming operators experienced record play in September. First, the company is an asset-light online enterprise with no holdings in brick-and-mortar casinos. DraftKings purchase of Golden Nugget Online Gaming (NASDAQ:GNOG), announced in August, could help the operator get into the US gaming mecca.In a presentation to investors on the buyout, DraftKings discusses market access, though stops short of specifically mentioning Nevada.“Preferred market access rates through existing Golden Nugget casinos. chumba slots login free slot machines freesycuan casino las vegas19 to formalize a proposal.That transaction has a slew of moving parts, not the least of which is Entain’s 50 pluckyland slots reviewsercent stake in BetMGM. (Image: Shutterstock)Gross gaming revenue (GGR) from online casino sites last month won more money from players than ever before. As reported earlier this week by Casino.org, Detroit’s three land-based commercial casinos won 0.4 million off gamblers last month.September’s brick-and-mortar revenue crept the three casinos closer to their 2019 pre-pandemic revenue. cool cat online casino instant playSecond, if it’s Nevada access the company is after, a pending acquisition may deliver that. Detroit’s three casinos, as well as the state government, are major beneficiaries of the expanded gaming. September’s 2.4 million mark eclipsed the previous monthly iGaming high set in August by 5.3 percent.The state’s licensed online casino operators paid more than .9 million in associated taxes and fees. when is santa ana casino opening table games casino calgarysycuan casino jobsTaxes and fees on that revenue totaled .5 million.Michigan taxes internet gaming revenues on an adjusted scale based on gross receipts that ranges from 20 percent to 28 percent. As reported earlier this week by Casino.org, Detroit’s three land-based commercial casinos won 0.4 million off gamblers last month.September’s brick-and-mortar revenue crept the three casinos closer to their 2019 pre-pandemic revenue. As reported earlier this week by Casino.org, Detroit’s three land-based commercial casinos won 0.4 million off gamblers last month.September’s brick-and-mortar revenue crept the three casinos closer to their 2019 pre-pandemic revenue. Retail sportsbooks at current and future Golden Nugget casinos to be rebranded as DraftKings,” according to the presentation.DraftKings Has Other Fish to FryIn addition to the remote likelihood that Stevens is a seller — he’s not — there’s another reason DraftKings may not be imminently pursuing Circa or any other Nevada operator.The company is attempting to acquire Entain Plc (OTC:GMVHY) in what would be the largest sports wagering takeover on record. But with iGaming and mobile sports betting included, Detroit’s gaming industry is larger than ever.Detroit’s three casinos are each partnered with iGaming and online sportsbook operators for their internet businesses. DraftKings hasn’t publicly said if it’s courting Entain for technology and access to foreign markets, or if it’s angling to control BetMGM as well.santa ana casino sports bar angel of the winds casino location |