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May 16, 2022

Casino City Times Weekly Newsletter
May 16, 2022

Latest From Our Strategy Experts

arrowFrank Scoblete: Shotgun slots

Shotgun slots
Scoblete explains that shotgun slots is an easy concept. The player will attempt to play as many slot machines in the casino as his session bankroll will allow.  read more
 

Featured Story

US commercial gaming off to fastest start ever

Nationwide commercial gaming revenue totaled $14.31 billion in Q1 2022, according to the American Gaming Association's Commercial Gaming Revenue Tracker, setting a new Q1 record.  read more
US commercial gaming off to fastest start ever
 

SPORTS News

SPORTS

Massive Kentucky Derby win at Mohegan Sun

The player nailed an superfecta, correctly picking the first four finishers, and, won $321,500 on a $1 wager.  read more

New Jersey sports betting slows in April

New Jersey’s online and retail sportsbooks generated $926.9 billion in bets in April, which is still up 23.9% from $746.8 million in April 2021 but down 17.3% from $1.1 billion in March 2022.  read more

Diamondbacks strikes deal with two Arizona casinos

The logos of Casino Arizona and Talking Stick Resort will be featured on signage throughout the ballpark, including unique field insignias in front of the home and visiting dugouts.  read more

Illinois books bring in nearly $1 billion in March

Fueled by March Madness, sportsbooks took in $971.3 million in wagers in March, a fresh record and up 53.3% from $633.6 million in March 2021.  read more

Circa Sports to enter Illinois market

American Place, a casino under construction in Waukegan, will expand Circa Sports' footprint to its fourth state, following Nevada, Iowa and Colorado.  read more

CASINO News

CASINO

TWiG: Caesars selling Flamingo Las Vegas?

While most suspected Planet Hollywood would be the property sold, new information indicates that the Flamingo is the one on the market. But can Caesars find a buyer for the 75-year-old property?  read more

Sycuan Casino announces summer events by the pool

The California casino's pool venue, Retreat Pool & Cabanas, will host poolside entertainment and events this season, including Industry Mondays, The River and Saturday Night Swim.  read more

The Cosmopolitan employees receiving bonuses

Last Wednesday, the Las Vegas Strip resort, which is in the midst of being sold to MGM Resorts International, awarded its 5,000+ employees a one-time bonus of $5,000, totaling $27 million. (CNN)  read more

Detroit casinos report $118.73 million in April

April table games and slots revenue rose 8.8% compared with April 2021 results while total monthly revenue dropped 3.4% compared with March 2022.  read more

Scarlet Pearl Casino Resort wins six awards

Readers of Casino Player Magazine named the Coastal Mississippi property the winner of six first place honors in its annual Best of Dining and Nightlife Awards.  read more

MGM Resorts' purchase of The Cosmopolitan approved

Last Thursday, MGM Resorts saw its offer to purchase the operations of The Cosmopolitan of Las Vegas get approved by gaming regulators. (The Nevada Independent)  read more

ENTERTAINMENT News

ENTERTAINMENT

Doobie Brothers start Las Vegas engagement

This past weekend, The Doobie Brothers kicked off an exclusive Las Vegas limited engagement at Planet Hollywood in Las Vegas.  read more

ALV Comedy Fest coming to MGM Grand Garden Arena

The Mexican comics are coming together on one stage for the first time ever at the inaugural “ALV Comedy Fest” at the MGM Grand Hotel & Casino over Mexican Independence Day Weekend.  read more

Kendrick Lamar's tour stopping at T-Mobile Arena

The tour will make a Las Vegas stop at T-Mobile Arena Friday, 9 September. Baby Keem will join on all dates, with Tanna Leone on select dates.  read more

Did You Know
Did You Know?
Since the U.S. Supreme Court abolished the law that banned full-fledged sports betting outside Nevada four years ago, Americans have wagered $125 billion on sports betting at legal sportsbooks.
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Tiki Treasures Megaways
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