Gambling in the USA
Illinois Gambling Revenue Continues to Drop
The casino revenue in Illinois has been sliding, for more than a decade, because of the smoking ban and rise of video gambling machines.
Illinois gamblers decided to stay at home and the industry is still trying to lure them back, said Tom Swoik, executive director of the Illinois Casino Gaming Association.
“Our revenues dropped off about 20 percent from 2007 to 2008 and were just starting to come back up pretty good in 2011. And then video gaming came aboard,” Swoik said.
Revenues are now down 40%, to $1.3 billion from the high water mark ten years ago. Gamblers are spending money on video gaming machines, which can be found in many bars, restaurants and truck stops.
“You know, we’re not, we’re not creating any new gamblers,” Swoik said.
That problem could get worse as six more casino licenses are handed out, thanks to SB 690, which Gov. J.B. Pritzker signed into law last year.
“The market is just saturated. All we’re doing is grouping revenues from one venue to another,” Swoik said.
One bright spot in the law is sports wagering. According to the American Gaming Association, Americans spend more than $150 billion a year on sports wagering. And now, Illinois’ casinos are going to be able to get in on that action.
“Sports betting and internet gaming are the two areas that are not [saturated] in Illinois,” Swoik said.
The state is expected to start allowing the first legal sports bets in just a few weeks, Pritzker said in his budget address last month. That means it will be up and running, just in time for the lucrative March Madness tournament, when an expected $8.5 billion is wagered.
Circa Resort & Casino
Downtown Vegas Alliance Partners with the City of Las Vegas to present a Successes & Insights Community Forum on the State of Downtown Gaming
The Downtown Vegas Alliance has partnered with the City of Las Vegas to host a Successes & Insights Community Forum focused on the state of downtown gaming and hospitality.
The public event will take place on Wednesday, March 18 at the Las Vegas Civic Center, bringing together key leaders from the city’s gaming and hospitality industry to discuss growth, challenges and future opportunities in downtown Las Vegas.
Event Overview
The forum will begin with welcome remarks from Shelley Berkley, Mayor of Las Vegas. The discussion panel will be moderated by Andrew Woods of the UNLV Center for Business and Economic Research.
Featured Panelists
The panel will include several prominent figures in downtown Las Vegas gaming:
-
Jonathan Jossel – CEO of Plaza Hotel & Casino
-
Chris Latil – General Manager of Golden Nugget Las Vegas
-
Jeff Victor – Vice President at Circa Resort & Casino, The D Las Vegas and Golden Gate Hotel & Casino
-
Joe Woody – CFO of El Cortez Hotel & Casino
Event Schedule
-
Registration: 4:30 PM
-
Panel Program: 5:00 – 6:00 PM
-
Networking Reception: 6:00 – 7:00 PM
The event is free and open to the public, but registration is required due to limited seating.
Strengthening Downtown Las Vegas
The forum aims to provide valuable insights into the evolving downtown gaming landscape, highlighting the successes of local operators while exploring strategies for continued economic growth and tourism development in the heart of Las Vegas.
For broader coverage on Las Vegas gaming industry developments, see:
https://www.reviewjournal.com/business/casinos-gaming/
The post Downtown Vegas Alliance Partners with the City of Las Vegas to present a Successes & Insights Community Forum on the State of Downtown Gaming appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Gambling in the USA
Downtown Vegas Alliance Partners with the City of Las Vegas to present a Successes & Insights Community Forum on the State of Downtown Gaming
- Speakers include downtown gaming and hospitality leaders
- Event is free and open to the public with registration
WHAT: The Downtown Vegas Alliance (DVA), a member-driven 501(c)(6) nonprofit organization that connects its members and downtown stakeholders to influence growth in the heart of Las Vegas, partners with the city of Las Vegas to host a Successes & Insights community forum on the state of downtown gaming.
Following welcome remarks from Mayor Shelley Berkley, City of Las Vegas, the event features a panel moderated by Andrew Woods, Director, UNLV Center for Business and Research. The panel includes:
- Jonathan Jossel, CEO, Plaza Hotel & Casino
- Chris Latil, General Manager, Golden Nugget Las Vegas
- Jeff Victor, Vice President, Circa Resort & Casino/The D Las Vegas/ Golden Gate Hotel & Casino
- Joe Woody, Chief Financial Officer, El Cortez Hotel & Casino
WHEN:
- Wednesday, March 18
- Registration starts at 4:30 p.m.
- Program: 5 to 6 p.m.
- Complimentary reception: 6 to 7 p.m.
WHERE:
- Las Vegas Civic Center, Building A, Second Floor
- 525 Main Street, Las Vegas, NV 89101
TICKETS:
- Free with registration at [email protected].
- All attendees must register due to limited seating.
MEDIA
RSVP: Melissa Warren, The Warren Group, [email protected]; 702-528-6016
The post Downtown Vegas Alliance Partners with the City of Las Vegas to present a Successes & Insights Community Forum on the State of Downtown Gaming appeared first on Americas iGaming & Sports Betting News.
AGS
AGS and Yaamava’ Resort & Casino ‘Wolf Out’ with World Premiere of Ultra Werewolf
AGS, the global gaming supplier, teamed up with Yaamava’ Resort & Casino at San Manuel in Southern California to host a two-day launch celebration for its newest slot family, Ultra Werewolf
.
The event kicked off on Wednesday, March 4, with special guests Kevin Smith and Jason Mewes, reprising their iconic roles as Jay and Silent Bob from the 90s cult classics Clerks, Mallrats, and Jay and Silent Bob Strike Back. Smith and Mewes were the first to experience the game and shared their impressions during a live recording of their SMPodcast, “Jay & Silent Bob Do Yaamava’.”
The fang-tastic festivities continued the following day with an unveiling celebration attended by Yaamava’ Resort & Casino and AGS representatives, culminating in an exciting slot pull for Club Serrano Members.
Guests were immersed in a comic book–inspired world, featuring a life-sized Werewolf, two werewolf “hunters” from the game, interactive photo opportunities, and custom werewolf-themed slot chair covers. The VIP reception offered themed mocktails, wolf-ear headbands, and free spins on Ultra Werewolf Fury
and Ultra Werewolf Strike
. Four lucky participants who played the Ultra Werewolf games were entered into a draw for $1,000 in Free Play, with one lucky winner receiving $5,000 in Free Play.
Mark DeDeaux, Senior Vice President and General Manager, Slots at AGS, said:
“Yaamava’ Resort & Casino is the perfect venue to celebrate the dedication and partnership that goes into a world premiere of a slot game. The Ultra Werewolf brand extension builds on the thrilling storyline of the original Werewolf
, one of AGS’ most successful premium games. The new franchise takes it further with a unique comic book theme, more bonus features, and all-around excitement. Our collaboration with Yaamava’ and shared focus on delivering innovative, unforgettable player experiences made this the ultimate way to ‘Catch the Wolf.’”
Kenji Hall, General Manager of Yaamava’ Resort & Casino, added:
“Ultra Werewolf represents the kind of creative, high-impact game design that elevates the entire industry. Yaamava’ is dedicated to leading the market in entertainment innovation, and we’re proud to host the launch of AGS’ latest breakthrough.”
The excitement continues, with Ultra Werewolf slot drawings scheduled for March 22, where four Club Serrano players will each win $1,000 in Free Play, and one lucky winner will receive $5,000 in Free Play plus a limited-edition silver Justice League comic collector card.
Ultra Werewolf
will be available exclusively at Yaamava’ Resort & Casino for a limited time before expanding to additional casinos nationwide.
The post AGS and Yaamava’ Resort & Casino ‘Wolf Out’ with World Premiere of Ultra Werewolf appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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