Massachusetts Casinos Paid $ 26.15 million in tax Revenue in August

The Massachusetts Gambling Commission reported that the state’s share of gaming revenue in August was $ 26.15 million, slightly less than the record $ 27 million in taxes and fees received in July, but still significantly higher than the monthly average of $ 21.84 million since the state’s registration. three casinos are open.

The revenue of Encore Boston Harbor, MGM Springfield and Plainridge Park Casino took a small step back in August, totaling $ 92 million compared to $ 95.74 million in July .

Encore Boston Harbor reported $ 57.86 million & #8211; $ 32.4 million from slot machines and $ 25.4 million from table games. MGM Springfield counted about $ 21.8 million, of which almost $ 17 million was received from casino slot machines. Plainridge Park Casino brought $ 12.7 million to its slot machines

Source: Focus Gaming News

Illinois will decide on new casino licenses in January

The Illinois Gambling Board (IGB) said that a decision on licensing casinos in Waukegan and the southern suburbs will be made in January.

More than two years after the casino was allowed in Waukegan and the southern suburbs, four applicants for a license for the southern suburbs and three applicants for Waukegan will make public presentations of their proposals.

The presentation will take place on October 13 at a special meeting of the Illinois Gambling Council. The authorities intend to give initial approval to the winning projects by mid-January.

Because three or more applications are being proposed for each location, Illinois law requires that the board of directors hire a consultant to review candidates.

The administrator of the game board, Markus Fruchter, said that the presentations will help narrow the circle to three finalists, as required by the gambling law of the state of Illinois.

Source: Focus Gaming News

Caesars Entertainment will move Horseshoe Casino Lake Charles from the island of Capri

Caesars Entertainment, Inc., the parent company of the Island of Capri, Lake Charles, shared today further plans for its investment to ensure the operation of the casino on the shore, as well as the transformation of the property into a brand new Horseshoe Casino Lake Charles. After the forced closure of the island of Capri due to the COVID-19 pandemic and damage from Hurricane Laura in 2020, Caesars will reinvent the Lake Charles resort with exciting new amenities and gaming offers. The construction should be completed by the fall of 2022.

Preliminary plans include (subject to approval by the Louisiana Gambling Control Board):

More than 60,000 square feet of casinos with almost 1,000 slot machines and table games.

WSOP Poker Room, a live poker room named after the legendary World Series of Poker and embodying the spirit, with 10 tables.

A completely new location of the Caesars bookmaker office, providing best-in-class sports betting opportunities.

A completely renovated hotel tower with 253 rooms, inspired by the local scenery.

New culinary offerings, including the award-winning Brew Brothers Tap House restaurant.

The construction of Horseshoe Lake Charles, which is an economic incentive for the region, will create more than 300 jobs.

“We are excited to return to work in Lake Charles in the fall of 2022 with a completely new experience of the resort, introducing our iconic Horseshoe brand,” said Tom Rig, CEO of Caesars Entertainment. “Our growing commitment to Louisiana and the growth of the region continues with this investment, and we are proud to lead the restoration of Lake Charles and its community.”

“When the island of Capri closed due to the panic associated with COVID-19, we had no idea that it would not open again for more than two years. Between the pandemic and the devastation caused by Hurricane Laura, the challenges faced by our team members are unparalleled, “said Jeff Favre, senior vice president and general manager of Isle of Capri Lake Charles.” I am very pleased to take this dynamic step forward. to ensure that our team members return to work, serving our guests.”

In addition, after the reopening, the hotel will join Caesars Rewards, the world’s largest loyalty program for games. Caesars Rewards gives players the opportunity to earn and use bonus points in more than 50 destinations across the United States.

More information about the new games, hospitality, entertainment and cooking will be published in the coming months, subject to approval by the Louisiana Gambling Control Board.

Source: official website of Caesars Entertainment

Bally’s is rebranding Vicksburg Casino and introducing a completely new Bally Rewards program

On August 17, Bally’s Corporation announced the rebranding of the Vicksburg Casino, which is now called Bally’ s Vicksburg Casino. In addition, the external entrance has been replaced, and Bally & # 8217;s is implementing its brand new Bally Rewards club program for players.

It is expected that the rebranding of the entire hotel will be completed by the end of September and will also include new dice, cards , game chips and layouts of Bally table games, and the previous Vicksburg Casino cards and dice will be donated to local organizations.

“We are proud to represent the Bally brand in Vicksburg and what it has to offer now, as well as in the coming months and years,” said George Papanier, president and CEO of Bally & # 8217;s Corporation.

Bally & # 8217;s Vicksburg offers 35,000 square feet of playgrounds, including slot machines, video poker machines and table games, including blackjack, craps and three-card poker. There is also a betting shop with 24-hour kiosks.

The brand new Bally Rewards program is a four-level card program that offers its participants rewards, level status, exclusive offers, gift giveaways and casino multipliers, while all existing rewards are transferred to the cards of the new program.

“This is a very interesting time for both our customers and team members, and we are looking forward to celebrating soon. We thank the State of Mississippi for working with our team, and we are proud of our team members who worked hard to put us out of action, ” Papanier added.

Earlier this month, Bally’s also renamed the Arapahoe Park Racetrack in Colorado to Arapahoe Park in Colorado; as well as rebranding Casino KC to Bally & # 8217;s Kansas City Casino.

Source: Yogonet

The re-opening of Resorts World Genting has been postponed to November due to the spread of the coronavirus

According to Maybank Investment Bank Research, the resumption of Resorts World Genting has been postponed until about November 2021 due to the recent surge in new cases of Covid-19 in Malaysia.

The delay in re-opening forced Maybank IB to forecast a broader underlying net loss of 52% for Genting Malaysia Bhd , with the research firm changing its initial forecast of resuming operations at the end of August.

The new reopening schedule coincides with expectations that the country will receive collective immunity in October, Newsbeezer reports , and the number of Covid-19 vaccinations in Malaysia has increased to more than 400,000 per day. The country is currently experiencing a record number of cases and deaths from Covid-19, with a new daily record of 21,468 cases last Friday.

The number of visitors to Resorts World Genting for the year decreased from 8.5 million to 5 million. The November resumption scenario will extend the current closure period to five months after the suspension of work starting in June.

The resort is unlikely to open its doors until the national vaccination rate reaches 80%, after which Maybank IB analyst Samuel Yin Shao Yang expects that ” Malaysians will return to RWG in droves.”

The re-opening of Resorts World Genting is expected to be followed by the launch of the new Genting SkyWorlds theme park, which has been postponed several times. The new opening date is December, coinciding with the school holidays.

On the positive side, the return-to-profit forecasts for 2022 and 2023 remain unchanged with an expected number of arrivals of 24.2 and 26.2 million visitors, respectively.

Resorts World Genting has more than 10,300 rooms located in seven hotels and gaming halls, including SkyCasino and Genting Casino. As part of the Genting Integrated Tourism Plan (GITP), Genting Malaysia has introduced various new facilities and attractions, including hotel towers, a cable car system and shopping centers.

Source: Yogonet

Casino revenues in Macau fell by 48% after the appearance of a new form of the Delta virus

According to a report by Sanford C. Bernstein Ltd., an investment research and institutional asset management company, casino revenues in Macau fell by 48% in the first week of August.

The study found that the average daily gross gaming revenue (GGR) fell by 48% in the first week of the month compared to the previous week, according to the Macau Daily Times. The amount of 125 million patak (about $ 15 million) is the lowest daily GGR since the end of September 2020.

The main reason for the drop in revenue is the Covid-19 Delta variant, four cases of which were reported on August 3, as the scenario of a potential outbreak remains likely, since the affected people were in contact with the community.

However, seven days passed without new cases of Covid-19 surfacing, which prompted the government to cancel the “immediate prevention” regime that was applied from August 3 to 10, after the discovery of these initial cases.

During this preventive period, cross-border travel was restricted, and security measures were taken against the spread of the disease, including the requirement to provide negative results for Covid-19 for those traveling to Macau.

Mass testing was also conducted among the population of Macau, and although casino operations were discontinued on August 4, some other activities were restricted, which ultimately indirectly affected the casino industry, as fear of the spread of the Delta variant prevailed.

More than three dozen casinos in the area produce half of the local GDP and were not required to suspend operations on the condition that they would close “immediately” if any case was discovered.

“Last time we closed the casino for a few days, because the casinos were infected. There is no infection this time, but if we find any cases in the casino, we will immediately close this casino, ” CEO Ho Iat Seng said on August 4, referring to the measures taken in February 2020.

Now that the restrictions on the borders have been lifted and the “immediate prevention” status has been lowered to “prevention”, it is believed that the situation is now under control, which will allow casino operators to return to their previous income level.

However, the Macau Daily Times reports that the results of August are expected to show a 30% decrease compared to July, the second best month since the beginning of the pandemic; and 70% less than in 2019.

Source: YogoNet

Casino Hollywood in Louisiana has begun to transfer river vessels inland

On August 10, the Hollywood Casino in Baton Rouge began implementing its project to transfer river vessels to land, becoming the first in Baton Rouge to take advantage of the 2018 law allowing Louisiana river casinos to carry out such movements.

The project, which has an initial budget of $ 60 million, will include slot machines, sports betting and new restaurants, and all offers will be placed on one floor, unlike a three-story casino on riverboats, WBRZ reports .

The parking lot, located in the immediate vicinity of the existing Hollywood Casino, will be converted into an above-ground gaming and entertainment complex that will occupy 100,000 square feet of land; and the casino’s single-level floor alone will occupy an area of more than 27,000 square feet.

“This will bring huge benefits to the city of Baton Rouge. This will benefit the state of Louisiana, as it will increase revenue from the tax base. So, more employment. We are very excited, ” said Ronnie Jones, chairman of the Louisiana Gambling Control Board, during the groundbreaking ceremony.

Aaron Mollura, vice president of marketing at Hollywood Casino in Baton Rouge, said,

that due to the growing “demand of guests”, there are plans to have a “big sports bar”, which will become the Shaquille O’Neal Big Chicken restaurant.

Other expected commercial developments include a sports field and a betting shop once Louisiana enters the market. Louisiana was one of several states that approved sports betting in 2020, but it still remains unknown when this type of gambling will be launched, and the likely date will come before the Super Bowl next year.

It is estimated that the construction will be completed in about a year after the foundation is laid, and it is expected that new jobs will appear not only during the construction of the casino, but also for general work after the renovation is completed. The number of employees may increase from 300 to about 500, as well as another 160 people in construction.

The Hollywood Casino is the second project to move to land in the state after the Island of Capri in Lake Charles, but the first project to take advantage of the legislation of the state of Louisiana, and the first in Baton Rouge to move inland. When casinos were first allowed in Louisiana, the law allowed only one to be on land, a casinoHarrah & # 8217;s in New Orleans, while the rest were supposed to be on the water.

Peter Carlino, CEO and Chairman of Gaming and Leisure Properties, said:

“This will have a huge impact on the success of this business . We think that this is the most convenient place in the city.”

Source: YogoNet

Marina Bay Sands reopens Casino as staff vaccination rate reaches 90%

Marina Bay Sands has resumed the operation of the casino after a two-week closure.

The casino reopened at around 18: 00 on Thursday evening after being closed since July 22 to undergo a deep clean-up due to COVID-19, part of the latest outbreak in Singapore, which was linked to the hotel.

In a statement posted on its website, MBS said that the opening of the new home “comes at a time when the vaccination rate among our employees has reached almost 90%.”

MBS also outlined the “further improvement of our routine testing program for staff”, which is currently being rolled out, with the frequency of testing for COVID-19 differentiated depending on the vaccination status of individual team members and their risk profiles at work.

“This means that the staff working with guests will take swabs at intervals of three to 28 days,” the company added. The integrated resort, which has hygiene and sanitation certificates … strives to be vigilant on all fronts, working closely with the authorities to respond quickly and adapt to the changing situation.”

The closure was the second time in two months that MBS has suspended casino operations for cleaning, with two dealers also testing positive for COVID-19 in May. At that time, the company responded by testing 7,450 employees and 800 contractors, and all of them gave negative results.

On Thursday, Singapore reported 96 new cases of transmission.

Source: Inside Asian Gaming

Pickering Casino and Resort opens in Toronto

Three years after the first announcement, Pickering Casino and Resort opened in the Greater Toronto area in 2018.

The site is loaded by 75% due to restrictions on Covid-19 .

As soon as everything gets better, there will be 2,400 slot machines, about 100 live table games, 140 stadium gaming terminals with live dealers and 10 restaurants on the site.

Terrence Doyle, interim Chief Executive Officer of Great Canadian Gaming Corporation, stressed that the casino can contribute to the company’s growth.

He said:

“The opening of the casino at Pickering Casino Resort is another step towards the recovery of our company after the impact of Covid-19. It will be the 25th Great Canadian hotel currently operating in Canada and the first casino resort opened in Ontario in 16 years.”

At the first stage of opening, 600 jobs were created at the site. After the construction is completed, it is expected to create 10,000 jobs and tax revenues of $ 600 million.

Source: Focus Gaming News

Choctaw Nation opens a new casino in Oklahoma

The Durant Casino and Resort opened to the public after a $ 600 million expansion project. The Choctaw Nation of Oklahoma announced its plans in 2018 and began operations in April 2019.

Amenities in the new 21-story Sky Tower expansion include 3,300 slot machines, 1,000 new hotel rooms , eleven bars, six restaurants, two Starbucks and a parking space for 3,200 cars.

According to tribal representatives, the Durant Casino and Resort should create 1,000 new permanent jobs in the southern part of Oklahoma.

Heidi Grant, executive director of games and hospitality, said that the expanded offer provides a modern entertainment destination.

She said:

“Every detail is deliberate. From the world-class collection of Choctaw art that adorns the walls, aisles and even ceilings, to modern luxury hotel rooms and bright and spacious rooms throughout the hotel. The Choctaw Casino and Resort in Durant & # 8211; is a great casino located close to home.”

Back in 2017, the venue was expanded. After investing $ 50 million, he added a completely new poker room, as well as a new West Wing tower with 96 halls.

Source: Focus Gaming News