Gambling in the USA
Illinois Gambling Revenue Continues to Drop
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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.
Gambling in the USA
Revo Casino and Social House in Conway Holds Grand Opening
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Revo Casino and Social House in Conway, New Hampshire, has held its grand opening on Tuesday.
The Conway property is the latest addition to Revo’s growing presence in New Hampshire, joining locations in Dover, Lebanon, Manchester, and Keene.
Revo Casino and Social House’s new amenities include:
• Rebels: A bold dining experience with a full bar and great game-day energy. Revo’s signature restaurant serves up flavorful dishes like the Rebel Smash Burger, flatbread pizzas, and prime rib, making it the perfect spot to eat, drink and enjoy the action.
• Rebel Stage: Featuring live music every weekend.
• Revo Studio powered by iHeartMedia: An in-house broadcast center featuring live iHeart broadcasts. The studio also drives the Soundtrack of the Revolution, a curated music selection that sets the energy and vibe of the property.
Gaming Highlights: 75 thrilling casino machines, including Ultimate Fire Link Explosion, Huff N Even More Puff, and Devil’s Lock. Table games, including blackjack, roulette, and poker tables.
Speakers and guests at the event included Revo President Aaron Gomes, Executive Director of Mount Washington Valley Promotions Lisa DuFault, and the Mount Washington Valley Chamber of Commerce.
“It’s exciting to open Revo Casino and Social House and see the community’s enthusiasm for our gaming, entertainment and dining options. Beyond entertainment, Revo Casino and Social House will also support nonprofits across the Mount Washington Valley. We’re proud to be part of this community and contribute to its success,” said Gomes.
“This facility will make such an incredible difference for so many nonprofits in the Mount Washington Valley. The support that Revo Casino and Social House provides allows organizations like ours to better serve our communities and care for those in need. The impact is truly life changing,” said Lisa DuFault, Executive Director of Mount Washington Valley Promotions.
Gambling in the USA
Gila River Resorts & Casinos hosts $5.9 million Big Game prop play contest
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Gambling in the USA
Spinomenal makes US debut with New Jersey market entry
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Spinomenal, the leading iGaming content provider, has made its US debut after launching an exciting collaboration with a leading operator in the state of New Jersey, and is anticipating many more valuable collaborations with top tier online casinos.
Following impressive growth rates, Spinomenal is making a major move into the New Jersey iGaming market, marking a key step in its global expansion. By entering this crucial U.S. region, Spinomenal will bring its innovative games to a new audience, strengthening its presence and leadership in the iGaming industry.
Spinomenal’s specially selected titles will be going live via Pariplay’s Fusion aggregation platform in the New Jersey market. Some of the outstanding titles being made available for NJ players are Demi Gods II, Majestic Wild Buffalo and Kitsune’s Scrolls.
This marks a major milestone in Spinomenal’s strategic expansion plan, as this debut establishes the company’s initial presence within the New Jersey market, with further growth anticipated across the US iGaming ecosystem. This move underscores Spinomenal’s commitment to expanding its global footprint and further solidifying its position as a leader in the online casino industry.
Lior Shvartz, CEO for Spinomenal commented: “After a decade of establishing and positioning Spinomenal as a leading provider in the iGaming industry, we have now taken a big leap and will provide our exciting content to the esteemed New Jersey audience. We are highly optimistic about entering this prominent market, following the process of obtaining approval from the DGE.”
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