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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 :
Is Gibraltar Out of Luck in US Tax Challenge -
Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.
Quickspin are now available in Denmark -
#quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.
UCypher Launches -
Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.
Extreme Live Gaming In deal With Betsson -
Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.
Expansion Mode For BoyleSports -
The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..
Safecharge Q4-2016 -
Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.
ASA Most Controversial Ads of 2016 -
Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.
Yggdrasi To Enter Italian Gambling Market -
Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.
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