Archive for January, 2017

Success and Challenges of Australia’s Gambling Industry

Success and Challenges of Australia’s Gambling Industry

Australia’s economy is booming, and the casino industry is doing its part to support that economic growth. After major crackdowns on high rollers frequenting Macau’s casinos, displaced Chinese VIPs have found their way Down Under, hoping for a chance to play at the country’s gambling tables without being scrutinized...
January 31st, 2017 By Shane Larson
Nevada’s Record Tourism Helps Casinos Return to Profit

Nevada’s Record Tourism Helps Casinos Return to Profit

Tourism numbers have been on the rise in Las Vegas for the past three years, and the latest report released by the Las Vegas Convention and Visitors Association (LVCVA) confirms the ongoing trend with 2016 marking a record-breaking year for the industry. Record Breaking Year A whopping 42.9 million...
January 30th, 2017 By Adam Brown
Atlantic City Casinos 10 Year Losing Streak Finally Ends

Atlantic City Casinos 10 Year Losing Streak Finally Ends

Atlantic City’s casinos have faced hard time since their revenues peaked at $5.2 billion in 2006, and for the last 10 year’s the industry has suffered a continual decline in growth. In fact, it seemed hard to believe that there would ever be any positive news from the East...
January 29th, 2017 By Stephen Smith
The DFS Market Has Slowed Dramatically

The DFS Market Has Slowed Dramatically

Just two years ago, daily fantasy sports betting sites were showing impressive figures, leading many to speculate that the industry was going to seriously shake-up the gambling market. Many believed that the popularity of the game’s two biggest operators, FanDuel and DraftKings, was not a passing fad and therefore...
January 27th, 2017 By Charles Washington
Massachusetts Renews Online Lottery Push for 2017

Massachusetts Renews Online Lottery Push for 2017

Massachusetts has been working hard to bring its lottery product online for a number of years now without making much headway. Despite Massachusetts State Treasurer Deborah Goldberg’s best efforts, some lawmakers remain resistant to the idea, but those analysts familiar with Massachusetts are now predicting that 2017 will be...
January 26th, 2017 By Shane Larson
New York’s Challenge to Sports Betting Law

New York’s Challenge to Sports Betting Law

New Jersey has been battling the U.S. government for the right to offer legal sports betting within its borders for years now, but the costly legal fight has proven fruitless and looks like it will ultimately be decided by the U.S. Supreme Court. As it’s clear that the U.S....
January 25th, 2017 By Adam Brown
New Player-Friendly Poker Sites Face Challenging Times

New Player-Friendly Poker Sites Face Challenging Times

Phil Galfond already runs a successful poker training site called Run it Once, but the legendary poker player is now set to compliment his offering by launching a brand new poker room geared towards the needs of players called RunItOnce Poker. While many in the poker community have expressed...
January 24th, 2017 By Stephen Smith
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