2024.07.12
cliff castle casino the lodge(Photo: Associated Press)The Pennsylvania-based casino launched PlaySugarHouse.com in New Jersey in 2016 with slot and table games in partnership with Atlantic City’s Golden Nugget. (Photo: Associated Press)The Pennsylvania-based casino launched PlaySugarHouse.com in New Jersey in 2016 with slot and table games in partnership with Atlantic City’s Golden Nugget. The city’s casino revenue was up 24.1 percent in August.Meanwhile, Mississippi was up 8 percent, thanks in part to its new casino sports books, while revenues in Massachusetts and New York have also grown — both having opened new casinos since last year.In Massachusetts, the new MGM Springfield has added a full-scale casino resort to a casino sector that previously comprised one slots racino, growing the market by 75 percent.“Expanded gaming options in five states is the explanation for the increases in those jurisdictions,” Adams concluded. turtle creek casino tripadvisorThe city’s casino revenue was up 24.1 percent in August.Meanwhile, Mississippi was up 8 percent, thanks in part to its new casino sports books, while revenues in Massachusetts and New York have also grown — both having opened new casinos since last year.In Massachusetts, the new MGM Springfield has added a full-scale casino resort to a casino sector that previously comprised one slots racino, growing the market by 75 percent.“Expanded gaming options in five states is the explanation for the increases in those jurisdictions,” Adams concluded. A Nielsen Sports study revealed in August that 44 percent of current sports gamblers are under the age of 35.The Supreme Court’s recent repeal of the federal ban has sports gambling expanding to new states. The McGregor-Mayweather fight was the biggest draw on the Strip last year, which explains the decline in year-on-year growth in Las Vegas this August. cache creek casino buffet open aliante casino entertainment schedulepoker casino de montreal“For the rest of country, mark it up to the stars and planets falling in line.”The 7 million in revenue accumulated on the Strip alonemohegan sun casino video dwarfed that of America’s second-biggest casino sector, Pennsylvania, which generated 5 million across the entire state.Atlantic City Sitting PrettyAdams highlighted Atlantic City, which after a torrid decade since the recession has rebounded to a position approaching health.As well as launching sports betting in May, two new casinos opened over the summer in the resort town, the Hard Rock and Ocean Resort, and the New Jersey is beginning to reap the benefits. (Image: Mark Rebilas/ USA TODAY)Of the 21 states covered by market analyst Ken Adams in his most recent review of the US casino industry, 20 enjoyed at least 2 percent revenue growth, buoyed by a healthy national economy. hard rock casino 441Meanwhile, revenue on the Las Vegas Strip declined even more sharply, with a 12.4 percent swing.But Nevada-based Adams isn’t fretting just yet. The much-hyped fight between MMA’s finest and the retired, undefeated boxing legend was the biggest draw of the year, resulting in a 21-percent revenue boost for Strip casinos.Adams attributes this year’s underwhelming August solely to a lack of big-ticket events in Las Vegas, not to the start of a worrying “trend.”Unless the entire economy goes in the tank, conditions in Las Vegas will still change monthly depending on events,” said Adams, who prepares his industry reviews for CDC Gaming Reports. That I could see working.”Coming AttractionsSports betting is viewed as another area that might bring millennials inside casinos. choctaw casino locations tohatchi palaceslot machine online casino games for real moneyMeanwhile, revenue on the Las Vegas Strip declined even more sharply, with a 12.4 percent swing.But Nevada-based Adams isn’t fretting just yet. There’s more evidence of New Jersey’s insatiable appetite for betting on football games: the Garden State two-year-old online arm of land-based SugarHouse Casino announced that its revenues have more than doubled in only one month with the arrival of college and professional football. “For the rest of country, mark it up to the stars and planets falling in line.”The McGregor-Mayweather fight was the biggest draw on the Strip last year, which explains the decline in year-on-year growth in Las Vegas this August. Gaming expansion helped too, including the advent of lmohegan sun casino videoegally licensed sports betting. This August’s extra Friday was also a boon.“The economy helped, but the gaming industry outperformed the economy,” the analyst wrote.Only Nevada was letting the side down, posting a 7.7 percent decline for the month. boomtown casino campground is harrah s cherokee casino open now |