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Virginia Casino Revenue-Sharing Bill Faces Potential Withdrawal Amid Local Discontent

News, CasinoJanuary 15, 2025214Views 0Likes 0Comments

The Virginia casino revenue-sharing bill, championed by Del. Mike Cherry (R-Colonial Heights), might be shelved if objections persist from local officials. The decision hinges on a crucial meeting set for Thursday, where localities will have the chance to voice their concerns. Bill Sparks Debate Over Revenue Distribution House Bill 2232, spearheaded by Cherry, proposes a revenue-sharing…

New York sports betting market 2024 trends

Low Hold Pressures New York’s December Sports Betting Revenue

News, BettingJanuary 13, 2025218Views 0Likes 0Comments

Sports betting operators in New York ended 2024 with a mixed bag of results. December saw a 6.6% hold on wagers—a figure that significantly affected revenue. Despite a 12% increase in money wagered compared to December 2023, total winnings fell by 20%, leaving operators with slimmer margins to celebrate. New York’s Overall Sports Betting Performance The…

Coquille Indian Tribe casino Medford Oregon

Feds Give Final Approval for Coquille Tribe Casino in Oregon, Amid Opposition

News, CasinoJanuary 13, 2025248Views 0Likes 0Comments

The U.S. Department of the Interior gave the green light to the Coquille Indian Tribe’s long-planned casino project in Medford, Oregon, marking the end of a 13-year approval process. This final decision, issued on January 10, clears the path for the tribe to proceed with their plans, despite ongoing opposition from other tribes and political…

Calendar and Baccarat Contribute to Nevada’s Gaming Revenue Drop in November

News, GamesJanuary 10, 2025221Views 0Likes 0Comments

Nevada’s gaming revenue took a hit in November, marking the fourth decline in five months. The Las Vegas Strip, the state’s primary gaming hub, also experienced its fifth consecutive monthly decrease, raising concerns for the industry. Analysts pointed to a combination of calendar quirks, baccarat performance, and shifting slot revenues as key factors. November’s Numbers Tell…

Virginia Lawmakers Set to Revisit Tysons Casino Proposal

News, CasinoJanuary 9, 2025234Views 0Likes 0Comments

Virginia lawmakers are gearing up for a lively debate as they return for the 2025 legislative session, with the potential construction of a casino in Fairfax County on the agenda once again. The proposed location? Tysons, a bustling urban centre in the state’s D.C. suburbs. This isn’t the first time the idea has surfaced. However, past…

888poker Mystery Bounty Main Event: Runner-Up Takes Centre Stage with Colossal Prize

News, PokerJanuary 8, 2025242Views 0Likes 0Comments

The latest 888poker $100,000 Mystery Bounty Main Event has wrapped up, and while Uzbekistan's "PokerKron" claimed the title for the second time, the real story lies with Brazil's "mr.salgado." Despite finishing as the runner-up, "mr.salgado" walked away with a prize nearly double the champion's winnings, thanks to a historic bounty haul. Mystery Bounties Spark Record Interest…

Yunkyu Song Clinches WPT Season 22 Player of the Year Award

News, PokerJanuary 8, 2025237Views 0Likes 0Comments

Yunkyu Song has been crowned the World Poker Tour (WPT) Season 22 Player of the Year. This prestigious achievement cements his place among poker’s elite after an intense year of high-stakes action and strategy. A New Champion Emerges The Player of the Year (POY) race is often tight, and this season was no exception. For Yunkyu…

Aristocrat Leisure Sees Gains in Social Casino as Competitors Falter

News, CasinoJanuary 7, 2025197Views 0Likes 0Comments

Aristocrat Leisure has reported impressive performance in its social gaming operations, bolstered by a strong December, according to a recent investor note by Jefferies Equity Research analyst Kai Erman. While many competitors in the sector struggled, Aristocrat emerged as a standout, gaining market share and positioning itself for further growth. Strong December Drives Revenue Growth December…

Hidden Cameras and Poker Scams Stir Industry Debate

News, PokerJanuary 7, 2025280Views 0Likes 0Comments

The poker world is abuzz with concerns over cheating scandals involving hidden cameras, a hot topic highlighted by security expert Willy Allison, founder of the World Game Protection Conference. Following a high-profile incident in Paris last summer, where two men allegedly used concealed technology to cheat casinos, the issue has sparked widespread debate and changes…

Carnival Cruise Line Reaffirms Ban on Gambling Outside the Casino

News, GamblingJanuary 6, 2025287Views 0Likes 0Comments

Carnival Cruise Line has once again made its stance clear: gambling of any kind is strictly prohibited outside the designated casino areas aboard its ships. Brand Ambassador John Heald recently addressed this policy in response to a guest inquiry, leaving no room for ambiguity about the rules. Clarifying the Rules The issue arose after a passenger…