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Nevada Gambling Numbers Up In april 2015
Saturday May 30,2015 : BETTER NUMBERS FROM NEVADA IN APRIL
Revenues up 5.4 percent y-o-y.
There was more positive news from Nevada in April as revenues ended a two-month decline to come in 5.4 percent up on a year-on-year basis, with slot machine revenue up 6 percent at $601.5 million, contributing three-fourths of the $45.9 million increase.
The Nevada Gaming Control Board statistics released Friday show the state’s land casinos won $897.9 million overall from slots, table games and baccarat - a welcome improvement after the declines in February and March .
NGCB analyst Mike Lawton noted that swings in baccarat did not cause the same damage as in preceding months, and in April delivered a 14.4 percent rise in amounts staked to $742.1 million, producing state-wide baccarat revenue up 5.6 percent to $95.5 million.
The Las Vegas Strip outperformed other centres, delivering the best April revenue numbers in the last seven years at $499 million - up 7.8 percent y-o-y, whilst downtown Las Vegas numbers were also positive, rising 12.5 percent to $49.6 million.
Blackjack revenues grew 12.9 percent to $81.8 million but poker revenue fell 3.2 percent to $8.5 million.
The state's sportsbooks produced disappointing results, down 14.3 percent to $7.9 million, with baseball betting the best with an improvement of 50 percent to $6.7 million based on a 7.16 percent hold. Racing revenues were down 7.7 percent at $3.4 million.
Better numbers are anticipated for the month of May, when the Mayweather-Pacquino fight brought large numbers of punters and fight fans to Las Vegas, hopefully boosting casino revenues.
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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