Casinos are ramping up recruiting tactics after the COVID-19 pandemic caused the industry to take a major hit. Southern California casinos are offering resort stays and signing bonuses.
The Nevada Gaming Control Board found in its annual report that there are only 2.96 percentage points between the highest and lowest market win percentages. For Fiscal Year 2021, slot machines kept only 6.95% of what money they received, with 93.05% going back to players.
Macau's gross gaming revenue rose 528.1% in July to $1.05 billion and revenue increased 29.2% from the previous month. While Macau has shed most of its quarantine requirements for visitors from some locations, a COVID-19 surge in another province has caused stronger testing requirements for visitors last month who arrived in China by air.
Netmarble Corp., a South Korean game developer, plans to acquire SpinX Games, a Hong Kong-based social casino game company, for a total of $2.1 billion. Netmarble will acquire a 100% stake in the company that owns SpinX Games, Leonardo Interactive Holdings, and and expects to close the deal in September.
Las Vegas Sands' $3.3 billion project to expand Marina Bay Sands, an integrated resort in Singapore, may not be completed in 2025 as expected, due to delays caused by the pandemic. The extensive project includes a hotel tower with a rooftop pool and restaurant, a live entertainment arena and meeting rooms.
Scientific Games and Rush Street Interactive have partnered to provide online casino games in West Virginia through Rush Street's BetRivers Casino. Some of the new games that will be included are 88 Fortunes, Chicken Fox and Bonanza Megaways.
Gannett, the publisher of USA Today, has made a five-year deal worth more than $100 million with sports betting provider Tipico USA Technology. As part of the agreement, Tipico will supply sports betting odds for the sports content, and Gannett will embed a button or icon for Tipico in its sports sections and collect a referral fee when new bettors use Tipico's platform.
More than 20 million people in the US expect to place a wager on the 2021 Tokyo Summer Olympics, with soccer and basketball among the most popular sports to bet on, according to a recent survey. Legalized sports betting was still in its infancy when the last Olympic games were held three years ago, but over 100 million Americans are now able to bet through sports betting platforms or in-person sportsbooks.
Online casino games are now authorized in Michigan, with the state's Gaming Control Board currently only allowing gaming company Evolution to host table games online. Gamers may play virtual roulette, blackjack and baccarat, with additional games and authorized providers expected in the future.
When smoking is banned, casino workers are happier, air quality is better and it doesn't result in long-term revenue loss, said tribal casino executives recently at the Indian Gaming Tradeshow and Convention in Las Vegas. Data indicates that guests who protest the most about having a smoke-free environment tend to be the lowest-rated players in a casino's loyalty program, noted one panelist.
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