Amidst an evolving economic landscape, gaming executives report a positive outlook for the US gambling industry while remaining satisfied with the current business environment. This according to the American Gaming Association’s  Gaming Industry Outlook. An amazing 44% of all US gambling industry executives surveyed characterized the current environment as good, while half say it’s only satisfactory, which mirrors a similar sentiment from Quarter 3 of last year. Meanwhile, executives are more optimistic about future conditions, with 32% of CEOs expecting business conditions to improve over the next six months, up from just 20% last summer. “Gaming’s record-setting growth over the…

Today marked the grand opening of the new ESPN Bet branded sportsbook and restaurant at Hollywood Casino in Detroit, Michigan. Spanning 4,500 square feet on the upper floor of the casino, this sportsbook represents their inaugural retail location within the PENN Entertainment network. Boasting state-of-the-art betting kiosks, expansive big-screen TVs, a captivating 30-foot video wall, and an array of elevated bar food and drinks, the ESPN Bet sportsbook and restaurant promises an unparalleled sports viewing and betting experience. Situated amidst Hollywood Casino’s premium dining options, it adds another layer of excitement to the vibrant entertainment hub. John Drake, General Manager…

If you keep up with the gambling industry, then you know that Atlantic City casinos have been fighting an uphill battle for quite a while. They were struggling before the pandemic hit, and the shutdown certainly didn’t help them. Now they are facing even more threats to their survival, both from out-of-state competition and other New Jersey gambling. Atlantic City casinos are looking at challenges from the growth of casinos in New York State and the New Jersey Meadowlands. During the recent East Coast Gaming Congress hosted at the Hard Rock casino, industry veterans acknowledged the imminent threat posed by…

It may not be popular with the locals, but Formula One Las Vegas is set for a return in 2024. The Bellagio Fountain Club will be back when the Las Vegas Grand Prix rolls into town this fall, promising race fans and tourists one of the best views of the event. Experience true race weekend luxury by securing your spot in the Bellagio Fountain Club. Situated at the heart of the iconic Las Vegas Strip, this exclusive venue promises an unparalleled VIP journey. Guests will revel in breathtaking views of both the track and the renowned Bellagio Fountains, alongside prime…

The Federal Trade Commission and the Justice Department’s Antitrust Division have submitted a hotel price fixing statement to the District of New Jersey. It was filed in the ongoing case of Cornish-Adebiyi v. Caesars Entertainment, as announced earlier this month. This case revolves around the utilization of pricing algorithms by casino hotels, a practice that is increasingly drawing regulatory attention. In their statement, the agencies address hotel price fixing, and clarify that hotels cannot collaborate on setting room prices or employ algorithms to carry out actions that would be considered illegal if performed by individuals. The spotlight has been on…

Everyone else is doing it, so now there are plans for Ellis Island Casino renovations. The off-Strip property is making plans to expand their gaming floor and install a brand new sports book area. The resort will increase the property by more than 6,400 square feet, as indicated in the planning documents submitted to Clark County. Those planning documents indicate that Ellis Island Casino has eliminated the 2,800-square-foot microbrewery to facilitate this expansion. The forthcoming structure will be positioned much closer to the sidewalk, and it will incorporate rooftop access upon completion. Officials anticipate the project’s conclusion within eight to…