Gaming Almanac Figures Show Casino Revenues Growing Across US

Gaming Almanac Figures Show Casino Revenues Growing Across US

There have now been great deal of new casino spaces across the U.S., and overall, profits are accelerating. Today(Image source: Indian Country)

These days, chances are you aren’t too far away from at least one casino if you’re in the United States. It’s no secret that there is been casino that is massive all over the united states over the last decade, as progressively states have actually wished to cash in in the prospective revenue streams that brick-and-mortar gambling can bring. And according to the latest reports, that tactic seems to be working for many of them.

The 2013-2014 North American Gaming Almanac was launched this bringing more specifics of actual numbers to light week. The annual report on the country’s video gaming industry includes a state-by-state breakdown associated with the revenues each state brings in from gambling, including how those figures have changed over time.

Nevada Not Soaring

For most states, based on the report, the news is very good though you might not know that if you started by considering Las Vegas. In Nevada, gambling revenues stood at $9.8 billion in 2000, but after rising for several years, they took a hit following the 2008 recession. Which means that in 2011, Nevada ended up being once again bringing in you guessed it — $9.8 billion from gambling. New figures for Nevada do look more promising, though, with the state recording a 7.4 % boost in year-over-year Read more “Gaming Almanac Figures Show Casino Revenues Growing Across US”

VinaCapital Renews Casino Construction After Finding Brand New Investor

VinaCapital Renews Casino Construction After Finding Brand New Investor

VinaCapital, a leading investment management and real-estate development company in Vietnam, has established it really is now willing to restore the construction of its new €3.15-billion resort and casino center in the town of Hoi An. The business encountered a hold-up as a result of undeniable fact that Genting Group, one of the venue’s investors, exited the task.

The construction ended up being resumed after a investor that is new discovered. The identification of this investor that is new maybe not been revealed yet, since the company agreement is yet become finalized, the CEO of VinaCapital explained.

There is conjecture created by Vietnam Investment Review, that the brand new investor may be Chow Tai Fook companies Ltd. a well-known title within the construction of resorts and gambling enterprises.

CEO Don Lam further commented that this can be a big task for VinaCapital, as it should include lots of leisure and activity facilities into the southern section of Hoi An.

The construction associated with very first project that is minor planned become prepared before the middle of 2015, so that the company can efficiently transition its focus and energy into its major hotel and casino project. The integrated resort is planned to start by the conclusion of 2016 or the beginning of 2017.

The renewal regarding the construction is certainly awaited by VinaCapital, from the time Genting Malaysi Read more “VinaCapital Renews Casino Construction After Finding Brand New Investor”

Toronto Region Casino Opportunities Dwindling As More Doors Slam Shut

Toronto Region Casino Opportunities Dwindling As More Doors Slam Shut

Apparently, Toronto and environs are lower than stoked up about getting a swank casino resort like this Oxford rendering depicts.

O Toronto, Canada! You do not seem to cotton an excessive amount of to the notion of a casino, can you?

Toronto and outlying areas have been earmarked and several developers have expressed interest in the area for making a resort casino, but it would appear that planners are operating out of places which may be willing to accept a casino in their neighborhood. The latest area to block a casino is Vaughan, which has voted against the notion of creating a casino here.

Vaughan Just Says No, Narrowly

The city of Vaughan rejected the casino plan in a 5-4 vote. Even though vote ended up being very close, it echoed the results in other towns and cities in the Greater Toronto Area (GTA), as two others have already rejected such an idea plus the two remaining places look unlikely or at the least uncertain to permit a casino within their city limits.

Vaughan joins Toronto and Markham City as having formally rejected casino deals. Toronto’s vote was probably the most infamous of all, as inspite of the help of Mayor Rob Ford, the city council rejected a downtown casino by a vote that is 40-4. That ensured that the issue wouldn’t be coming up again into the not too distant future. Markham’s vote was also one-sided, though by the less margin that is dramatic of.

Ontario Lottery Cor Read more “Toronto Region Casino Opportunities Dwindling As More Doors Slam Shut”

Violence Nothing New for Las Vegas Bally’s Nightclub Shooter at Drai’s

Violence Nothing New for Las Vegas Bally’s Nightclub Shooter at Drai’s

41-year-old Benjamin Frazier has been charged in connection with a shooting that is deadly Bally’s casino regarding the Las Vegas Strip

A man with a brief history of violence at Las vegas, nevada nightclubs brought it to a new level with just what converted into a deadly shooting of a patron, and the wounding of two security guards at Drai’s nightclub inside Bally’s on the Las Vegas Strip into the wee hours of October 21. Authorities say that 41-year-old Benjamin Frazier, who had been taken into custody and straight away transported to University clinic (UMC) Las Vegas’ primary trauma center with unspecified injuries, has been arrested before, and for eerily similar, if less deadly, altercations.

Violent Rap Sheet

Back in 1996, Frazier’s rap sheet reveals an arrest for attack having a deadly tool at an unnamed local nightclub. And year that is just last he was detained again by authorities for battery of the bartender at another nightclub.

Las Vegas Metro police had been called at about 5:38 am an hour or so when even Las Vegas nightclubs are typically pretty much done for the(or morning) when reports of a shooting inside Drai’s nightclub in Bally’s hotel casino were received night. Because on most gambling enterprises’ levels of protection, by the right time cops arrived, Frazier had currently been taken into custody and sent to UMC for attention.

Dispute Over Cover Charge Refund

Early reports Read more “Violence Nothing New for Las Vegas Bally’s Nightclub Shooter at Drai’s”