Tag: American casinos
American Casinos Setting Revenue Records
In the midst of a pandemic, American casinos are still bringing in revenue… and in record numbers! Commercial casinos won nearly $14 billion in the third quarter of 2021, marking the industry’s best quarter ever, and pushing revenue past what it was for all of 2020. The figures from the American Gaming Association show more consumers feel comfortable visiting casinos amid COVID-19, and this as online gambling and sports betting revenues continue to grow. An article releases by the Associated Press, found American casinos on pace to break the annual record of $43.65 billion, set in 2019. Jane Bokunewicz, director…
American Casinos Uphill Fight Against Coronavirus
American casinos are fighting an uphill battle to recover from the pandemic. Now, hope of getting back to normal is threatened in some places, including Las Vegas, as the virus continues to strengthen into a second wave. Michigan has ordered businesses to shut down for three weeks, and that included casinos. Layoffs of casino employees in Atlantic City and work hours cut down are in direct response to new restrictions imposed by the governor there. The American Gaming Association released a report on gambling revenue at the nation’s casinos during the third quarter of this year — the time when…