Mercer County is hoping to win one of the bids for a mini-casino in Pennsylvania, though the first license went to Penn National Gaming for $50.1 million. The next auction will be Jan. 24, with a minimum bid of $7.5 million for a license and $2.5 million to add table games, Peggy Mazyck of the Mercer County Visitors and Convention Bureau says.
Allied eSports will open its Esports Arena Las Vegas on March 22 at the Luxor Hotel and Casino. The company has also transformed a semitrailer into a mobile arena called Esports Arena Drive that will participate in a multiday tournament at the Daytona 500 in February.
Cryptocurrencies could present a problem for Macau casinos by making crime easier, especially for those properties focused on the VIP sector, according to business risk consultant Steve Vickers. "For example, China's program to contain capital outflow could be circumvented quite easily if cryptocurrencies took on a wider distribution," he said.
The 272 Nevada casinos that reached $1 million or more in gaming revenue in the year ending June 30 together earned close to $26.2 billion during the latest fiscal year, the Nevada Gaming Control Board said. Gaming facilities on the Las Vegas Strip enjoyed a revenue boost of 3.9% year over year and a profits gain of 191.4%.
Melco International Development plans to build a $650 million integrated resort called City of Dreams Mediterranean in Cyprus that will operate 136 gaming tables and 1,200 gaming machines when it opens in 2021. CEO Lawrence Ho says tourists from Asia will likely form a large part of the resort's customer base, though the facility will initially focus on attracting guests from the Middle East, Russia and Britain.
MGM Cotai will open with direct VIP later this month, followed by junkets by June, according to Deutsche Bank analysts. The casino resort will also add MGM's "Mansion" luxury accommodation sometime in the second quarter.
West Virginia lawmakers have reintroduced a bill to legalize online gaming, while a bill to permit sports betting is also in the works. The proposal would allow in-state licensed casinos to offer online games, and the Lottery Commission would be able to form online gaming deals with other states.
The Wampanoag Tribe of Gay Head in Massachusetts has the upper hand after the US Supreme Court refused to hear a case against the tribe's proposed casino in Martha's Vineyard, and it hopes to parlay that victory -- and continued opposition -- into a mainland casino instead. If the state won't allow that, the tribe likely will continue with casino plans for the island.
Casino solutions provider Dallmeier will present at the upcoming ICE gaming show in London's ExCeL exhibition center in early February. It will showcase its new casino automation technology, which is designed to offer live game tracking and real-time player ratings.
Social casino company Big Fish Games has joined Australia-based slot machine manufacturer Aristocrat Leisure for $990 million. "Big Fish will immediately provide scale across our entire digital platform, and our social casino business will become the second-largest social casino publisher globally," Aristocrat CEO Trevor Croker said.
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