Nova Rainier - Casino News Press

New Jersey’s Total Gaming Revenue Rises 8.2% in July 2024 Despite In-Person Decline

NewsAugust 20, 2024238Views 0Likes 0Comments

New Jersey’s gaming industry has reported an 8.2% increase in total gaming revenue for July 2024, reaching $547.8 million. This marks the highest level of total gaming revenue for July in over a decade, driven by near-record internet gaming wins and robust sports wagering revenue. However, despite the overall increase, in-person gaming revenue experienced a…

Lower Expectations for Gaming Stocks in the Second Half of 2024

NewsAugust 20, 2024228Views 0Likes 0Comments

The outlook for gaming stocks in the latter half of 2024 has taken a downturn, according to a recent note from J.P. Morgan. Analysts have cited decelerating trends in consumer spending and a slowing macro economy as key factors contributing to the lowered expectations for share prices and valuations. Despite these concerns, certain stocks like…

Virginia Online Lottery Sales Surpass Retail for the First Time in FY2024

NewsAugust 19, 2024223Views 0Likes 0Comments

In a groundbreaking achievement, the Virginia Lottery has reported that online lottery sales have surpassed retail sales for the first time in Fiscal Year 2024. This milestone marks a significant shift in the lottery landscape, reflecting the growing popularity and convenience of digital platforms. The Virginia Lottery’s total profits soared to an unprecedented $934 million,…

nebraska senators oppose mobile gambling

Nebraska Senators Stand Firm Against Mobile Gambling Amid Ongoing Debate

NewsAugust 19, 2024171Views 0Likes 0Comments

In a significant move, 13 Nebraska senators have taken a firm stance against the legalization of mobile gambling. This decision comes amidst a heated debate over the expansion of gambling in the state. The senators argue that the promise of property tax relief, which was a key factor in the recent legalization of casinos, has…

Nebraska Casinos: Where is the Promised Property Tax Relief?

NewsAugust 15, 2024176Views 0Likes 0Comments

Two years after the legalization of casinos in Nebraska, residents are still waiting for the promised property tax relief. The Nebraska Legislature had projected that casinos would generate $34 million for property tax relief in the fiscal year 2022-23. However, the actual revenue fell significantly short, with casinos only bringing in $8 million. This shortfall…

SBWA+ 2024: Ghana’s Gambling Industry Poised for Significant Growth

NewsAugust 15, 2024243Views 0Likes 0Comments

The upcoming Sports Betting West Africa+ (SBWA+) 2024 Summit, scheduled to take place from August 21-23 in Accra, Ghana, is expected to be a pivotal event for the region’s gambling industry. With a focus on growth and innovation, the summit will bring together industry leaders, regulators, and stakeholders to discuss the latest trends and opportunities.…

17 Trade Unions Back Times Square Casino Bid

NewsAugust 14, 2024226Views 0Likes 0Comments

In a significant development, seventeen trade unions have thrown their support behind a bid to establish a casino in Times Square, New York. The unions, which include steamfitters, cement masons, and building material workers, have expressed their backing for SL Green, Caesars Entertainment, and Roc Nation to transform an existing office building at 1515 Broadway…

Pragmatic Play Rolls Out Running Sushi Slot with Engaging Features

NewsAugust 14, 2024205Views 0Likes 0Comments

Pragmatic Play, a leading content provider to the iGaming industry, has launched its latest slot game, Running Sushi. This new addition to Pragmatic Play’s portfolio combines a delightful culinary theme with engaging gameplay mechanics, promising an immersive experience for players. Running Sushi features a 5x4 reel layout with 1,024 ways to win, and it offers…

Mesquite Gaming Appoints Rich Boyd as Director of Marketing

NewsAugust 13, 2024251Views 0Likes 0Comments

Mesquite Gaming has announced the appointment of Rich Boyd as its new Director of Marketing. Boyd brings over 15 years of experience in marketing and operations within the gaming industry to his new role. He will oversee marketing efforts for Mesquite Gaming’s properties, including CasaBlanca Resort & Casino and Virgin River Hotel & Casino. Boyd’s…

New York State Bill to Expedite NYC Casino Bidding Faces Uncertain Future

NewsAugust 13, 2024239Views 0Likes 0Comments

Efforts to accelerate the casino license bidding process in New York City have hit a significant roadblock. The proposed bill, aimed at speeding up the timeline for awarding casino licenses in the NYC area, appears to be stalled. Observers suggest that the lack of action from Governor Kathy Hochul has effectively rendered the bill defunct.…