According to our friends at the American Gaming Association, US gambling revenue got the month of October rose over 10% from the previous year. That marks the 20th month of growth in a row of positive gambling news in this respect, and brings the yearly totals to just shy of $50 billion. The AGA’s Commercial Gaming Revenue Tracker reported that commercial US gambling generated $5.29 billion in October, which was the second highest total revenue total for a single month on record. In fact, the only month that generated more revenue was March of this year, when the total hit…

Well, technically the Horseshoe Las Vegas is already open and welcoming guests every day. Just as it has for the past several decades as Bally’s. Only now, as we head toward our Christmas break, Caesars is putting the final touches on the property’s re-branding.  Come New Years Eve, guests in Las Vegas will be officially staying at the new Horseshoe Las Vegas. In fact, the website is already functioning as the Horseshoe. Several weeks ago we reported from Las Vegas, where our cameras were able to capture the construction crews removing the Bally’s name from the side of the buildings,…

Every year I remember too late that I should have booked a room for New Year’s Eve in Vegas. And ever year I tell myself that next year I’ll remember. It’s a vicious circle. The thought of sharing in the fireworks show with thousands of other inebriated souls is more appealing than it probably should be. However, if you are one of the lucky people who did remember to make plans for New Year’s Eve in Vegas, then understand that there is far more to do in Sin City that just drinking and watching things explode. And we’re sharing a…

We’re discussing black market gambling in America, from backroom gaming parlors to illegal sports betting via bookies and unlawful online gambling sites. We speak with Chris Cylke, the Senior Vice President of Government Relations with the AGA, about exactly what constitutes the black market, or illegal gambling, from their perspective. As more and more jurisdictions within the United States regulate gambling, including online gambling, there could be consequences for operators, players, and affiliates who participate in these activities. In a recent press release, the AGA stated that black market gambling has become a “scourge” on America which takes advantage of…

We admit that as far as gambling headlines go, this may need a bit of clarification. You see, it’s true that the Dream Las Vegas hotel project is under new management, but that’s because the entire Dream Hotel Group has been bought out! A few days ago, the Hyatt Hotel Corporation announced their acquisition of the Dream Group in a press release. The deal consists of a $125 million, followed by six additional payments of $175 million as new properties are opened. In addition to Dream Las Vegas, the deal will include12 properties already being managed, plus another 24 property…

Now we know. , and now the American Gaming Association has the data. Even with expanded gambling across the country, illegal American betting has not slowed down. Right now, folks in the United States are placing half a trillion dollars a year with offshore online sites, unregulated gaming machines, and even the neighborhood bookie. This according to a new report from the American Gaming Association. That report making gambling headlines showed that unregulated American betting robs state governments of $13.3 billion in tax revenue annually, nearly $2.5 billion more than legal operators generated in 2021 ($11.7 billion). It also costs…