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Business
January 21, 2021
Gaming, Travel and Hospitality Rely on the New Administration
Industry representative bodies from the gaming, tourism and hospitality sectors stated their intent to work with the new Biden administration to speed up the recovery of the economy in Nevada crippled from the coronavirus outbreak. Expedite Recovery in Nevada Heads of the US Travel Association (USTA), American Gaming Association (AGA), American Hotel & Lodging Association […]
Sports
January 20, 2021
PGA Tour Joins AGA to Promote Responsible Gambling Awareness
The organizer of official golf tours, PGA Tour, becomes the latest addition to the responsible gambling campaign “Have a game plan” by the American Gaming Association (AGA), as legal sports betting rapidly expands in the US. PGA Tour Joins AGA’s Effort to Promote Responsible Gambling PGA Tour is the newest partner of the AGA responsible […]
Industry
December 23, 2020
AGA CEO Urges Congress For Additional Covid-19 Relief
AGA President and CEO Bill Miller said Monday that US lawmakers must provide additional Covid-19 relief to support the gaming industry. Important Relief but More Needed American Gaming Association (AGA) President and CEO Bill Miller issued a statement on the new Covid-19 relief measures on Monday calling US lawmakers to take additional steps supporting businesses […]
Industry
December 15, 2020
Wynn CEO: Macau Operators Would Benefit From Functioning US-China Relations
Wynn Resorts CEO Matt Maddox told the AGA that improving the tense relations between the US and China could benefit Macau’s casino operators. Softening the US-China Relationship is Crucial The tense relationship between the United States and China could improve under the Biden administration, according to Matt Maddox, Wynn Resorts CEO. Better relations would benefit […]
Casino
December 15, 2020
AGA Finds 2021 Promising for Higher Slot Reporting Threshold
As the casino industry expands across the country, and the amount of slot jackpots grows, so does the problem with the slot reporting threshold. The IRS Threshold Issue Was Raised at the First G2E Insider Live Webinar The issue of the low IRS threshold was commented on in the first G2E Insider Live webinar, “The […]
Industry
December 9, 2020
AGA Reports Good Q3 Recovery for Commercial Casinos and Betting Firms
The American Gaming Association (AGA) posted strong third-quarter growth for casinos with the commercial gaming revenue hitting $9.04 billion. AGA Tracks Recovering Gaming Revenue in Q3 Commercial casinos in the United States posted a strong Q3, having emerged from the crisis in the three-month period with $9.04 billion in total gaming revenue. The number represents […]
Casino
December 4, 2020
ANR Wants Casinos on COVID Relief Funds to Ban Smoking
In a letter sent to the American Gaming Association, the American Nonsmokers’ Rights foundation wanted casinos receiving COVID-19 relief funds to ban indoor smoking. In the letter, ANR’s CEO Cynthia Hallett compared smoking indoors to “promoting the spread” of the virus. ANR Sends a Letter to AGA Urging for Smoke-Free Casino Floors On Thursday this […]
Industry
November 24, 2020
Covid-19 Restrictions Drag Down Atlantic City Gaming Profit by 37%
Casinos across Atlantic City saw their revenues decrease by more than 37% between July and September 2020 compared to the same period last year due to the continuing restrictions to curb the spread of the virus. The Industry is Recovering Slowly Casinos in Atlantic City posted net revenue of $629.3 million or a 32.3% decrease […]
Industry
November 23, 2020
Several Gaming Companies Report Better Than Expected Performance During Pandemic
A number of casino companies have reported an improvement in their quarterly revenue, despite a slow recovery from the impact of the pandemic and a surge in positive cases in the US. Retail Casino Revenue Tripled Since Q2 Despite the economic impact of the Covid-19 pandemic on the casino industry, some gaming companies reported a […]
Casino
November 18, 2020
AGA Reveals Q3 GGR Numbers, Revenue Improves Significantly
Recent numbers by the American Gaming Association reveal the commercial casino gross gaming revenue (GGR) in the third quarter of 2020. According to the numbers, the gaming industry is on its way to a slow recovery. However, a quarter-on-quarter comparison shows significant increase of the slot games, table games, sports betting, and igaming revenue. Q3 […]