Locals are concerned about the construction of a new casino property worth $111 million in Berks County. Known as NIMBYs in the United Kingdom and as “much bother” if you are a company looking to expand real-estate, the locals of Pennsylvania are pushing back against an expensive Penn National Gaming Inc. casino project. Penn National […]
Pennsylvania has served as inspiration for other states looking to legalize their casino industries. Neighboring Connecticut has also been discussing potential ways to lay the ground work of its own iGaming industry. So far, four gambling bills have been introduced, each covering a separate aspect of the industry. While Connecticut’s seem tight legally and on […]
Lottery games in Pennsylvania have been growing at a heady pace. Financial results in recent years have been most reassuring with the 2015-2016 fiscal year seeing a significant uptick in revenue, up to $4.13 billion. This record was topped a year later, in the 2017-2018 financial year, with the numbers hitting the impressive $4.2 billion. […]
One of the most controversial figures of the casino industry, Sheldon Adelson, has been admitted for cancer treatment, a publication forwarded by Nevada Independent revealed on Thursday. Mr. Adelson’s deteriorating health has been reason of concern both for his closest allies as well as investors looking into the Las Vegas Sands casino facilities. Mr. Adelson […]
If there’s one property everyone should be looking into these days, it is the Golden Nugget. Having kept a relatively low profile, the Nugget is back in the limelight, expanding its footprint and beating all expectations. In Atlantic city alone, the casino has managed to become the second most-grossing casino at the beginning of the […]
Trying to pinpoint consumer habits is crucial to forecasting profits in the sports betting industry. As it turns out, knowing the demographics is just as important in determining how many potential customers you might have were you a sports betting business. It’s been long known that fans are far more likely to watch games if […]
Recently, Caesars Entertainment and DraftKings announced a fresh partnership, allowing the sportsbooks to expand beyond New Jersey and seek to replicate its success model in other states. Even though the original statement didn’t specify Pennsylvania as a potential host of DraftKing’s sportsbooks backed by Caesars. Caesars Entertainment has a history for expanding rapidly into new […]
Pennsylvania’s casinos are coming. They have been for some time and while we knew that the industry will be launching in full in H1 2019, now we have an official confirmation coming from the top. Pennsylvania Gaming Control Board (PGCB) Executive Director Kevin O’Toole spoke during a recent Board meeting, explaining that PA casinos will […]
Renowned fantasy sports company, DraftKings is set to bring its online and mobile sports betting as well as casino gaming offerings to more states in the United States following a recent multi-year and multi-state partnership agreement with casino operator Caesars Entertainment. This means that the fantasy sports operator will now be able to offer its […]
Its been close to two months since the sports betting industry in the Keystone State was launched and since then it has seen a plethora of positive developments. The number of bookmakers continues to grow and the revenue from operational sports betting operations has been quite impressive so far. For instance, in January, the number […]