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Gambling in the USA

Mohegan Gaming & Entertainment (MGE) Announces New Executive Leadership Team Member to Sustain Positive Momentum

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Mohegan Gaming & Entertainment Welcomes Haven Pope as Chief Accounting Officer

 

MGE Appoints Ray Pineault as Chief Operating Officer (COO) to Further Support U.S. Innovation and International Growth Plans

Mohegan Gaming & Entertainment (MGE), a master developer of awe-inspiring integrated entertainment resorts (IER) worldwide, announced the newest member of its executive leadership team to further sustain and enhance the organization’s positive performance and guide MGE through unprecedented times. Ray Pineault has been named Chief Operating Officer (COO) pending regulatory approval. The addition to MGE’s C-Suite marks an exciting new chapter for the brand as it successfully navigates the ever-evolving world of integrated entertainment.

“The entertainment industry has faced challenges this year due to the pandemic, but I am proud of the way our team members have stepped up and set MGE on a path of positive momentum, with strong performance across all properties since our reopenings,” said Mario Kontomerkos, Chief Executive Officer (CEO) and President of Mohegan Gaming & Entertainment. “From the beginning, it has been our mission to build the best executive team in the industry, and I believe we are on our way to achieving that status with a veteran like Ray at the helm.”

Ray Pineault, COO
After nearly 20 years of service to the Mohegan Tribe as President and General Manager of the brand’s flagship property, Mohegan Sun Connecticut, and most recently as Regional President of MGE, Ray Pineault brings a wealth of legal and business knowledge with him to the role of Chief Operating Officer (COO). In this role, Ray will oversee MGE’s regional presidents to ensure the operational success of each of the nine properties in MGE’s portfolio in the US, Canada and South Korea.

As COO, Ray will ensure that each of MGE’s properties around the world meets or exceeds operational, employee engagement, guest service, cultural, strategic and fiscal plans, while maintaining the highest standards of regulatory compliance. Ray fills the COO position previously held by Michael Silberling who vacated the position in July.

 

SOURCE Mohegan Gaming & Entertainment

Gambling in the USA

Detroit Casino Revenue Finds a Balance as Michigan Online Casinos Surge

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There’s no denying that Michigan online casinos are still in a growth pattern.

Revenue records seem to be set almost every month, and yearly projections don’t seem to have a limit.

While the iGaming landscape continues to thrive, the three Detroit commercial casinos have found a leveling off point.

Though the three locations haven’t been able to approach the revenue totals they hit prior to the pandemic, there’s still steady cash flow coming in despite a lot of obstacles over recent years.

Detroit’s 2025 Revenue Just Below 2024

Detroit has three commercial casinos that operate in the downtown area. They are the MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown.

The 2025 revenue for the three casinos through seven months has been similar to what they have seen in recent years. Overall, it is down less than a percentage point compared to 2024, but three of the seventh months have seen revenue growth year over year.

The data suggests that 2025 has been more consistent with its revenue than 2024. The high this year wasn’t quite as high, but the low also wasn’t nearly as low.

Detroit Levels Off as Online Casinos Grow

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Prior to the COVID-19 pandemic, Detroit was seeing record revenue for its three casinos. The $1.45 billion it did in 2019 was an all-time high.

The slow return from the pandemic eventually led to a leveling off for Detroit, as yearly revenue since 2020 has ranged from $1.22 billion to $1.28 billion.

As that has played out, online casinos debuted in Michigan in January 2021. The first year of revenue was $1.11 billion, but has since more than doubled that total in 2024.

Through seven months of 2025, Michigan online casinos are already at $1.72 billion in revenue. That alone is more than all of 2021 or 2022, respectively. After August’s numbers come in, the total is likely to have surpassed 2023’s mark as well.

This year’s OC revenue is already over 27% ahead of where it was a year ago. Through July, Michigan’s iGaming had generated $1.35 billion in 2024.

Through seven months, the state is averaging over $245 million in monthly online casino revenue. Prior to 2025, Michigan had never hit $245 million in revenue for any month in its online casino history.

Should Michigan continue this pace, it will surpass $2.9 billion in annual iCasino revenue. The last quarter of the year has trended toward being the strongest revenue months each year, so $3 billion isn’t out of the question. If the 27% growth rate holds, the state would hit $3.1 billion in 2025 revenue.

Each new record just brings in more tax revenue for the state as well. Initial projections when Michigan pursued online casinos was around $40 million in annual tax revenue. The first year of 2021 brought in $201.7 million in state tax revenue and another $77.6 million in local taxes.

In 2024, Michigan online casinos generated $451.4 million in state tax revenue and another $168.7 million in local taxes. This year’s iGaming has already generated $330.0 million in state tax revenue and another $124.7 million in local taxes.

Source: saturdaytradition.com

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Gambling in the USA

Pennsylvania iGaming Records $228.3M in July 2025

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Pennsylvania’s online casinos soared in July 2025, delivering adjusted gross revenue of $228.3 million. This figure marks the second-highest monthly iGaming total ever reported by the Pennsylvania Gaming Control Board.

It follows the record $238.2 million in March. The revenue reflects a 30.9% year-over-year boost, underscoring broader growth trends in the digital gaming space. The state’s real money online casino market continues expanding as player engagement strengthens.

The surge came as Hollywood Casino at Penn National Race Course and partners led the state with $87.8 million, registering a 37.2% increase over last year. Valley Forge Casino Resort followed with $61.0 million, marking a 34.1% rise. Rivers Casino Philadelphia clocked in $37.8 million, up 26.6%. Meanwhile, Caesars Interactive contributed $10.5 million, up 10.8%.

Tax revenues surged alongside iGaming. The Commonwealth collected $67.4 million in state taxes from online casino play in July. Local tax and county grants added $36.5 million, amplifying the fiscal impact.

Pennsylvania’s total gambling revenue, including land-based casinos and sports betting, totaled $557.7 million, rising 11.4% year-over-year. The iGaming segment alone increased 30.9%, making it a primary growth engine.

Slots dominated iGaming revenue with $177.2 million, followed by table games at $48.5 million and poker at $2.5 million.

Pennsylvania’s sports betting market delivered $40.6 million in revenue during July, a 5.2% increase from last year. Online wagering accounted for $37.9 million, while retail sportsbooks added $2.7 million.

The rise came despite a 0.5% dip in handle, which closed at $412.5 million. Betting from online sportsbooks produced $392.6 million of that total, with retail wagering contributing $19.9 million. The statewide hold rate stood at 9.84%, reflecting stronger margins.

FanDuel, partnered with Valley Forge Casino Resort, led the market once again. It generated $15.5 million in revenue from a $140.9 million handle, posting an 11.00% hold. DraftKings and Hollywood Casino at the Meadows followed, collecting $11.3 million from $112.3 million, equal to a 10.06% hold.

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Fanatics, partnered with Hollywood Casino York, placed third with $2.7 million from a $28.4 million handle, producing a 9.51% hold. Morgantown and BetMGM secured $2.1 million on a $33.3 million handle for a 6.3% hold.

Rounding out the top five, ESPN Bet with Hollywood Casino at Penn National reported $1.7 million from $18.7 million, giving a 9.09% hold.

The data underscores how Pennsylvania’s sports betting operators are strengthening profitability even when overall wagering slows. Analysts expect momentum to accelerate once football season begins, driving higher handles and further testing operator margins.

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Gambling in the USA

Florida Gambling Market Faces Pressure as Offshore Sites Lure Players

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Florida’s gambling picture is shifting again. Court battles over the Seminole Tribe’s compact continue, and legislators are hearing more calls to consider broader online betting.

Even with sports betting tied up in appeals, residents are finding workarounds. Offshore websites still advertise directly to Floridians. Many of them promote speed over safety, boasting that they allow withdrawals with no ID. Regulators say that may sound attractive, but it sidesteps the verification checks required by licensed U.S. operators.

The Seminole Tribe runs the state’s biggest casinos and its Hard Rock brand. Their 2021 compact with the state included online sports betting. That deal faced lawsuits almost immediately, slowing any momentum for a wider rollout. Yet the appetite hasn’t gone away.

People here talk about what’s happening in other states. New Jersey, Pennsylvania, Michigan—they’ve all seen billions wagered online. Tax money follows. Advocates in Florida argue the state is leaving money on the table.

Opponents tell a different story. They warn about access on every phone and the risks that come with it. “Once it’s in an app, you can’t put the genie back in the bottle,” said a Jacksonville-area pastor who has lobbied against expansion. Addiction specialists add that enforcement is more rigid when offshore platforms are already targeting residents.

Tourism officials keep an eye on the numbers, too. Florida casinos, especially in Tampa and South Florida, drive hotel bookings and restaurant traffic. A full online market could change that balance. Some business leaders like the idea of keeping players at home. Others say brick-and-mortar casinos fuel jobs that digital sites will never replace.

For lawmakers in Tallahassee, it’s a tricky call. The Seminole compact brings in revenue through a revenue-sharing deal. Expanding online casinos could mean more money, but also more legal fights with tribes who guard their exclusivity. That divide was one reason ballot measures in 2022 failed, after record spending on both sides.

Residents are split as well. A Miami resident outside a Hard Rock property said this week he enjoys visiting in person. “I wouldn’t mind having it on my phone, but I like the atmosphere here. It’s not the same on a screen.”

Meanwhile, the unregulated market keeps growing. Analysts with the American Gaming Association estimate billions of dollars flow to illegal sites each year nationwide. Florida’s share is significant. Enforcement is difficult, and warnings do little to stop players who want speed, privacy, and access.

The state’s size makes it a prime target. With more than 22 million people, Florida could become one of the largest online casino markets in the country if the law ever changes. For now, the lines hold. The Seminole Tribe runs its venues. Offshore operators keep pushing ads. And residents wait to see if lawmakers will take the next step.

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Source: floridadaily.com

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