The good times continue rolling in Nevada where gaming revenue for January 2023 was up a whopping 18 percent over the previous year. Statewide, regulated Nevada gaming operators collected $1.27 billion, compared with just $1.08 billion in January 2023. But while casino operators are celebrating, financial analysts warn that the Silver State's fast ride could…
Nevada gaming revenue hit $1.28 billion in October, marking the 20th straight month that Silver State casinos have topped the $1 billion mark. Nevada casinos are benefiting from increased interest in gambling across the United States, along with increased activities such as Las Vegas Raiders games, that are drawing in huge numbers of tourists to…
Nevada casinos, particularly those in Las Vegas have always been the bellwether of the gambling industry. If Nevada is doing well, it's likely that the rest of the business is doing well, too. If Nevada casinos are struggling, like they were in 2008, it's likely that casinos all over the world are hurting, too. That's…
Are Nevada's glittering gambling palaces ready for the cashless gaming technology? That's the question that officials from Boyd Gaming are presenting Nevada gambling regulators as they move forward with a test of their BoydPay Digital Wallet technology. If successfully implemented, BoydPay has the potential to be a glittering success story in the post-pandemic gambling business.…
It's really hard to overstate what a calamitous year 2020 was for Nevada's casino gaming industry. From a 78-day closure, when no money was coming in, to a public that's still reluctant to travel, there was hardly any good news to be had from the birthplace of modern casino gambling in 2020. Not surprisingly, 2020…
Regulated sports betting in the United States is one of the biggest success stories in the gambling industry over the last 12 months. In state after state, regulators are reporting eye-popping revenue numbers that are quite pleasing to the folks at state revenue departments. But the phenomenon of is not isolated to states where legal…
August 2019 turned out to be a good month for Nevada casinos as American football returned full bore and a good month for slots made a late summer resurgence. For the month, Nevada's combined gaming might showed a 4.3 percent boost over August 2018 while pulling in a cool $952.4 million in revenue. Leading the…
The Nevada Gaming Commission is rolling back a decades-old ruling that banned wagering on baseball games that are played within the borders of their state. It's yet another example of the diminishing influence of the professional sports leagues on sports betting in the United States. The ban, which had been in place since 1985, was…
Wynn Resorts was issued a record $20 million fine by the Nevada Gaming Commission (NGC) for its failure to adequately investigate sexual harassment claims made against its found and former CEO, Steve Wynn. The fine was a major statement by the NGC whose previous record high fine was $5.5 million issued to Cantor Gaming for…
Gaming regulators in Nevada are rejecting a request from Major League Baseball (MLB) to stop taking bets on spring training games. It's the latest example of a professional sports league making an absurd demand to the gaming industry, and getting rebuffed in the process. According to a report from the Associated Press, MLB officials made…
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