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February 20, 2023

Casino City Times Weekly Newsletter
February 20, 2023

Latest From Our Strategy Experts

arrowFrank Scoblete: Psychic gambling

Psychic gambling
In this week's column, Scoblete talks about the similarities between mythical phenomena and casino games such as slots, craps, and roulette.  read more
 

Featured Story

US commercial gaming breaks all-time revenue record in 2022

This marks the first year that the commercial gaming sector has reached the $60 billion mark, passing the previous record of $53.0 billion set in 2021, according to the American Gaming Association.  read more
US commercial gaming breaks all-time revenue record in 2022
 

SPORTS News

SPORTS

MA sportsbooks already under fire

Sports wagering in the Bay State does not permit the involvement of college teams in Massachusetts. However, all three casinos in the state broke this rule within the first few weeks of the retail sports betting launch.  read more

Maine starts process for sports wagering licenses

Last week, the state's Gambling Control Unit announced that The Pine Tree State is joining four of the New England states in the sports betting world.  read more

Kambi bringing sportsbook to del Lago Resort & Casino

Kambi's sportsbook will complement the New York property's gaming floor, which features more than 1,000 square feet of modern LED video screens.  read more

PENN Entertainment completes acquisition of Barstool Sports

PENN Entertainment completed its previously announced acquisition of Barstool Sports after acquiring a 36% stake of Barstool Sports in February 2020. It has acquired the remaining interest in Barstool for approximately $388 million.  read more

CASINO News

CASINO

New York proposes online casino business

Senator Joe Addabbo's iGaming bill would grant one license per each of the state's nine sports betting operators, including FanDuel and DraftKings.  read more

Full House Resorts opens new gaming destination

The Temporary by American Place in Illinois opened to the public on 17 February and features 1,000 slot machines and 50 table games in the casino.  read more

Caesars enhances Time Square gaming license bid

Caesars Rewards members will be able to convert their credits into gift cards for use at participating Big Apple merchants that are enrolled in the Caesars Rewards Gift Card Network.  read more

Massachusetts casinos generate $96.9 million in January

Approximately $65,706 in gross sports wagering revenue was generated at MGM Springfield and Plainridge Park Casino in January, which consisted of one day of operation, while Encore Boston Harbor reported losses of $75,230.  read more

Potawatomi Casino first in Wisconsin with roulette progressive

The roulette progressive is played much like the traditional version of the game, except this version allows players to make an additional wager to potentially win a huge jackpot.  read more

TWiG: US gambling news from London

This week's gambling video comes from the floor of ICE London 2023 as J. Todd discusses sports betting in Massachusetts, the proposition of esports betting in Pennsylvania, and online casinos in Maryland.  read more

New Jersey reports January total gaming revenue

According to the New Jersey Division of Gaming Enforcement, the total of $436 million is a 14.5% increase from January 2022.  read more

MGM Resorts announces final sale of Gold Strike Tunica

The sale officially closed on 15 February and CNE Gaming Holdings, a subsidiary of Cherokee Nation Businesses, completed the purchase of the Mississippi property for $450 million.  read more

SLOTS News

SLOTS

Two Caesars jackpots in under five hours

Last Monday night, a $128,070 Face Up Pai Gow Poker jackpot was hit at Paris Las Vegas. Early Tuesday morning, a guest at Caesars Palace won $219,000 playing slots.  read more

Las Vegas local hits jackpot at Aliante Casino

Deven from Southern Nevada was playing a 25-cent Wheel of Fortune slot when he received the Valentine's Day present of a lifetime with a $254,212 payday.  read more

POKER News

POKER

The Wynn Millions makes return today

The tournament kicked off today inside the Wynn Las Vegas Poker Room running through 19 March and includes over $8 million in guaranteed prize pools.  read more

Chris Moneymaker forced to close Kentucky poker room

After opening his Moneymaker Social Club in Kentucky six months ago, local authorities are shutting down the poker room with charges of illegal gambling being attached to the 2003 WSOP Main Event winner.  read more

The Estrellas Poker Tour announces 2023 schedule

The first of the five stops, which kick off in March, will have a buy-in of €1,100 for the Main Event and €2,200 for the High Roller.  read more

Pennsylvania woman hits jackpot on Las Vegas Strip

Camille Romeo won the Mega Jackpot on Ultimate Texas Hold'em at Flamingo Las Vegas last Thursday after landing a clubs-full Royal Flush for $406,555.  read more

ENTERTAINMENT News

ENTERTAINMENT

Usher adds 15 shows to his Las Vegas residency

The eight-time GRAMMY Award-winner announced he will take the stage for additional dates at the Park MGM for his My Way tour in June and October.  read more

Tracy Morgan bringing comedy tour to Beau Rivage

The Saturday Night Live and 30 Rock alum will perform at the Mississippi casino on 5 May.  read more

Sam Hunt to perform at Resorts World Las Vegas Theater

The country music star will take over the Resorts World Theater for a limited two-night engagement on Friday, 21 April and Saturday, 22 April.  read more

Jellyroll taking his tour to Las Vegas

The Billboard emerging artist will bring his Backroad Baptism Tour to the MGM Grand Hotel & Casino in September.  read more

Did You Know
Did You Know?
Nevada's 185 sportsbooks accepted $153.2 million in wagers on this year's Super Bowl, a decrease from the $179.8 million wagered last year, according to the state's Gaming Control Board.
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