casino revenues

21 and counting

Gaming revenues fell about 9 percent in September, compared to the previous year’s take, as the slump continues for a 21st month. From the LVRJ: Nevada gaming revenues fell for the 21st straight month in September.Casinos statewide collected $911.1 million during the month, an 8.99 percent decrease compared with a little more than $1 billion […]

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news about gambling

AC feeling the crunch

No one ever said that Atlantic City was recession-proof, and now we have the numbers to back it up. Revenues fell 7.1% in 2008, with profits down by 25%. From the AC Press: The casinos can still make money, but the industry is far from recession-proof. While gross operating profits fell significantly in 2008 and

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atlantic city, news about gambling

Macau’s Fortune

Interesting summary of the current state of Macau from Fortune, via CNN: Hunter S. Thompson would have found much to fear and loathe in Macau, the former Portuguese colony rebranding itself as a gambling paradise. The good doctor (rest his soul) would have been vexed to discover that Macau, surrounded by water and crowded immigration

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gambling & culture, news about gambling

Macau confirms: it’s bigger than Vegas

It earns more in gaming revenue than the Strip, at least. It was either this or a post on Stanley Ho’s medical issues, and I honestly can’t think of anyway to properly blog on that one. From news.com.au: MACAU says it has overtaken the Las Vegas Strip as the world’s biggest casino draw, raking in

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news about gambling