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May Nevada Gambling Revenues Over 1 Billion
Monday June 29,2015 : NEVADA GAMBLING IN MAY TOPPED A BILLION DOLLARS
Revenues rise 3.3 percent year-on-year.
Despite the closure of the Riviera Hotel and Casino at the beginning of the month, Nevada land gambling operations continued to prosper in May, with revenues rising 3.3 percent y-o-y to over a billion dollars, according to figures released by the Nevada Gaming Control Board.
With the Paquino-Mayweather fight bringing crowds to Las Vegas, casinos on the Strip won $601,2 million, a 1.4 percent improvement on the comparative period in 2014 that could have been higher at 5.5 percent, but for baccarat's 36 percent decline.
Excluding baccarat, underlying gaming revenues in Las Vegas were up 16.6 percent for the month.
Downtown Las Vegas and North Las Vegas casinos saw the biggest percentage increases at about 15 percent each.
The state tax coffers benefited by $62.8 million...a rise of 14 percent.
UBS analyst Robin Farley said that Q2-2015 Las Vegas results are now likely to be up 4.2 percent.
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Super Multitimes Progressive HD Slot -
This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.
2017 Aussie Milliona Updates Events 2,3,4 -
Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.
Juventus name VWin as Partner -
“We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.
Luckia Group 2016 Results -
The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.
Fire Rooster Slot Launches -
This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.
n2-Live Updates -
The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”
Betfred FY 2016 -
Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.
Cherry CEO Fredrik Burvall Steps down -
Anders Holmgren, currently a board member of Cherry AB and one of the founders of Betsson where he also held the role of chief executive officer of Betsson Malta
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