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Controversial Selection of Cordish for Petersburg Casino is Bad News for Virginia’s iGaming Potential

May 2, 2024 | By: Chav Vasilev

Petersburg’s pick of Cordish Companies to build Virginia’s fifth retail casino has raised concerns among lawmakers and stakeholders. After the city selected the $1.4 billion project over four others, questions arose regarding the integrity of the selection process and the speed with which the decision was made. Cordish gaining market access to Virginia may also […]

Seasonal Effects Push BetMGM Into Loss Territory After Two Quarters of Profitability

May 2, 2024 | By: Alex Weldon

MGM Resorts International’s financial report for Q1 2024 makes less mention of BetMGM than usual, perhaps because it marks the first time the joint venture has slipped back into the red after two profitable quarters to finish 2023. Although it’s unsurprising that the company would want to direct investors’ attention elsewhere, the loss isn’t particularly alarming. […]

Buffalo Slots and Bison Stampede eInstant Together at Last as Aristocrat Acquires NeoGames

April 30, 2024 | By: Chav Vasilev

Australian gambling giant Aristocrat Leisure expanded its capabilities and footprint with the completion of the acquisition of NeoGroup Ltd (aka NeoGames). The acquisition will allow Aristocrat to enter the iLottery sector, which is expanding rapidly in the US even as iGaming legislation efforts have stalled. Aristocrat is famous for its retail games, including the Buffalo […]

Pennsylvania Retail Casinos Are Removing Slot Machines, Blaming Unregulated Skill Games

April 26, 2024 | By: Chav Vasilev

Pennsylvania casinos are cutting slot inventory over poor performance, with one placing blame on the unregulated skill game machines found in convenience stores and gas stations. Rivers Pittsburg received permission from the Pennsylvania Gaming Control Board (PGCB) to remove 302 slots from its casino floor. While it acknowledged the need for newer machines, the casino […]

Evolution Leans Ever More Heavily on Live Dealer Revenue in Pursuit of $2 Billion Year

April 25, 2024 | By: Alex Weldon

Evolution’s interim report for the first quarter of 2024 shows that its live dealer online casino products are growing increasingly dominant in their contribution to the company’s overall revenue. Evolution earned over $501 million in gaming revenue from January to March, putting it on pace for its first $2 billion year. Although Evolution’s portfolio of studios includes big names […]

Rhode Island Online Casino Saw $1.2 Million in Revenue in March, With ‘Momentum’ Hitting in April

April 22, 2024 | By: Heather Fletcher

Bally Casino generated $1.2 million in net gaming revenue in Rhode Island in March, the debut month for the state’s first and only online casino. Regulators revealed the first official revenue numbers to legislators and the general public on April 22 during a Permanent Joint Committee on State Lottery meeting. That number sets a slower […]

Pennsylvania Gambling Industry Under Threat by Unregulated Skill Games & Declining Population

The Allegheny Institute for Public Policy (AIPP) is sounding the alarm that the proliferation of unregulated skill games may threaten Pennsylvania’s lucrative gambling industry and a declining population will impede growth. Although its policy brief says the industry is currently “coming up aces,” these two trends, in combination, paint a more worrisome picture for the […]

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