Gambling in the USA
Gaming Executives Positive on Current Business Conditions, Cautious on Future Growth Expectations
Overall Balance Sheet Health, Access to Credit Continue to Improve
In the face of slowing revenue expansion, gaming industry leaders continue to hold an overall positive view of the current business situation, with a notable improvement in credit conditions, according to the latest American Gaming Association (AGA) Gaming Industry Outlook.
The majority of respondents (88%) view the current state of the gaming industry as either good or satisfactory. Meanwhile, executives have a more conservative outlook on future business conditions, with respondents split on whether they expect conditions to improve over the next three-to-six months (3% net positive) and many expecting a decrease in customer activity (28% net negative).
“After years of very strong consumer gaming spending growth, expectations around customer activity over the next three to six months have cooled considerably,” said AGA Vice President of Research David Forman. “Still, gaming businesses remain well positioned, with executives touting strong balance sheets and more viewing access to credit as easy than restrictive for the first time in two years.”
Gaming Executive Panel
Since Q1, gaming executives’ sentiment has shifted, with a greater number of respondents now expecting a decline in customer activity over the next three to six months (28% net negative, up from 4% net negative in Q1). Despite this, panelists foresee improvements in overall balance sheet health (34% net positive).
Additionally, more executives reported access to credit as easy (19%) rather than restrictive (3%) for the first time in two years, and fewer cite interest rates as a major limiting factor than in the spring.
Hotel (56%) and food and beverage facilities (56%) continue to be the main and growing focus of capital investment among operators, followed by live entertainment (28%) and casino floor slots (22%).
Meanwhile, gaming equipment suppliers now believe their pace of capital investment and game sales will decelerate (13% net negative).
These expectations are impacted by evolving macroeconomic challenges, with uncertainty of the economic environment vaulting to the top of executive concerns (56%, up from 34% in Q1), followed by state regulatory concerns (31%), and inflationary or interest rate concerns and geopolitical risk (both 34%).
The Current Conditions Index
The Current Conditions Index for Q3 2024 was 97.3, which is consistent with real annualized contraction of 2.7 percent. The Current Conditions Index measures real economic activity in the industry, as measured by gaming revenue, employment and employee wages and salaries.
The Future Conditions Index
The Future Conditions Index, a leading indicator of changes in industry conditions, measured 98.9 in Q3. This indicates an environment in which real economic activity in the gaming sector, after controlling for underlying inflation, is expected to moderately decrease over the next six months (1.1% annualized rate).
casino
Plaza adds Monday Night RAW ticket raffle to WrestleMania 42 viewing party
Downtown Las Vegas casino also brings in WWE Hall of Famer Rob Van Dam for a live Q&A on April 18.
Plaza Hotel & Casino will host WrestleMania 42 viewing parties on April 18 and April 19 in its showroom in downtown Las Vegas, adding a ticket giveaway for WWE Monday Night RAW on the second night.
The casino said all guests attending the Sunday, April 19 viewing party can enter a free raffle to win two tickets to Monday Night RAW on Monday, April 20 at T-Mobile Arena, seated in one of the venue’s premier Loge Boxes.
On Saturday, April 18, the Plaza will feature WWE Hall of Fame wrestler Rob Van Dam (RVD) as a special guest. The property said RVD—also billed as “Mr. Monday Night”—will lead a live Q&A at 1:30 p.m. ahead of the WrestleMania 42 start time at 3 p.m., and will be available for autographs and photo ops.
Both events are 21+ and run in the Plaza showroom, with doors opening at 1 p.m. and the viewing party starting at 3 p.m. The Plaza said it will offer drink specials and buckets of beer priced at $30 for domestic brands and $35 for imported.
Tickets with seat selection are priced at $40 per person (plus fees and taxes), according to the casino, with details and purchasing available via the Plaza’s website.
Relevant data as follows:
- Plaza Hotel & Casino WrestleMania viewing party details: https://www.plazahotelcasino.com/entertainment/wrestlemania-viewing-party/ Primary source for ticketing, schedule, and pricing referenced in the article.
- WWE Monday Night RAW: https://www.wwe.com/shows/raw Official WWE show page to support the RAW reference and event context.
- T-Mobile Arena events calendar: https://www.t-mobilearena.com/events Venue source to corroborate event location and provide broader event context.
- Plaza Hotel & Casino: https://www.plazahotelcasino.com/ Company homepage for readers seeking more information on the property hosting the viewing parties.
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Gambling in the USA
Plaza Hotel & Casino adds raffle to win premier tickets to Monday Night RAW at its WrestleMania 42 viewing party on Sunday, April 19
WWE special guest Rob Van Dam (RVD) will headline party Saturday, April 18
On Saturday, April 18 and Sunday, April 19, the Plaza Hotel & Casino in downtown Las Vegas will host WrestleMania 42 viewing parties with special perks each night.
Newly added: All guests at the Plaza’s WrestleMania 42 viewing party on Sunday, April 19, can enter a free raffle to win two tickets to WWE Monday Night RAW on Monday, April 20, at T-Mobile Arena in one of the venue’s premier Loge Boxes.
On Saturday, April 18, the Plaza will offer an exclusive fan experience with WWE Hall of Fame wrestler Rob Van Dam. Known as RVD and “Mr. Monday Night,” the world champion and pro wrestling icon will be the Plaza’s special guest leading a live Q&A at 1:30 p.m. before the action of WrestleMania 42 begins at 3 p.m., and he be available for autographs and photo ops.
Both nights, the Plaza’s viewing party will be held in its showroom where guests can relax in its classic velvet booths or at one of its many tables that all offer a great view of WrestleMania 42 on an oversized high-definition projector screen.
The Plaza’s viewing parties are open to guests 21 years of age or older and start at 3 p.m. with doors opening at 1 p.m. The parties will also offer drink specials and buckets of beer ($30 for domestic brands, $35 for imported).
Tickets and seat selection for the viewing parties are available for purchase online for $40 (plus fees and taxes) per person.
For more details and to buy tickets to the Plaza’s WrestleMania 42 viewing parties visit: https://www.plazahotelcasino.com/entertainment/wrestlemania-viewing-party/.
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Bluberi
Plaza Hotel & Casino to debut Bluberi’s Smokin’ Train slot on April 22
Plaza Hotel & Casino in downtown Las Vegas says it will be the first Las Vegas property to debut Bluberi’s new Smokin’ Train video slot game, with the launch set for April 22.
“We are committed to bringing to the Plaza’s casino floor the latest and greatest games with Bluberi’s Smokin’ Train being our newest addition,” said Sue Ascanio, general manager of the Plaza Hotel & Casino. “Relatively new to the Las Vegas market, Bluberi is offering exciting video slot options that we think will have a loyal following very quickly. So, we are excited to partner with them as they expand their installations in Vegas. Based on the feedback we have so far, we are confident that Smokin’ Train will be highly popular with players at the Plaza.”
Smokin’ Train is a five-reel, 50-line video slot with multiple denominations and a top award of a progressive $10,000, according to the company. The title is themed around the Wild West Gold Rush and includes a Triple Pot Filler mechanic featuring mystery door reveals, combining pots, and a Super Nugget feature that triggers all pots.
In the Hold & Spin bonus, players collect enhancements from train cars to boost, collect, or add cash balls. The Plaza’s announcement comes as suppliers continue to compete for floor space and visibility in the Las Vegas market, where new-game debuts can serve as a bellwether for broader regional rollouts across North America.
The post Plaza Hotel & Casino to debut Bluberi’s Smokin’ Train slot on April 22 appeared first on Americas iGaming & Sports Betting News.
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