Gaming Almanac Figures Show Casino Revenues Growing Around US

Gaming Almanac Figures Show Casino Revenues Growing Around US

There happen great deal of new casino openings across the U.S., and general, profits are accelerating. Today(Image source: Indian Country)

If you’re in the us these times, then you aren’t too far far from at the very least one casino. It’s no secret that there’s been casino that is massive all across the united states within the last decade, as more and more states have wanted to profit in the possible income streams that brick-and-mortar gambling can bring. And according to the latest reports, that tactic seems to be working for a lot of them.

The 2013-2014 North American Gaming Almanac was released this week, bringing more specifics of actual figures to light. The report that is annual the country’s video gaming industry includes a state-by-state breakdown regarding the slotsforfun-ca.com revenues each state produces from gambling, including how those figures have changed over time.

Nevada Not Soaring

For most states, based on the report, the news is excellent if you started by looking at Las Vegas though you might not know that. In Nevada, gambling revenues endured at $9.8 billion in 2000, but after rising for quite a while, they took a hit following the 2008 recession. This means that in 2011, Nevada was again bringing it— $9.8 billion from gambling in you guessed. Brand New figures for Nevada do look more promising, though, utilizing the state recording a 7.4 per cent increase in year-over-year profits in according Leer más

Gaming Almanac Figures Show Casino Revenues Growing Across US

Gaming Almanac Figures Show Casino Revenues Growing Across US

There have now been a complete great deal of the latest casino openings across the U.S., and general, revenues are accelerating. (Image source: Indian Nation Today)

These days, chances are you aren’t too far away from at least one casino if you’re in the United States. It’s no secret that there is been massive casino expansion all over the united states over the last decade, as more and more states have wished to profit in the potential income streams that brick-and-mortar gambling can bring. And according to the latest reports, that tactic seems to be working for many of them.

The 2013-2014 North American Gaming Almanac premiered this bringing more specifics of actual numbers to light week. The report that is annual the nation’s video gaming industry includes a state-by-state breakdown for the revenues each state earns from gambling, including how those figures have changed over time.

Nevada Not Soaring

For most states, based on the report, the news is fantastic if you started by looking at Las Vegas though you might not know that. In Nevada, gambling revenues stood at $9.8 billion in 2000, but after rising for quite some time, they took a hit following the 2008 recession. Meaning that in 2011, Nevada was yet again bringing it— $9.8 billion from gambling in you guessed. Brand New figures for Nevada do look more promising, though, with all the state recording a 7.4 per cent boost in year-over-year profi Leer más

Property Tax Plummet for Borgata is Sucker Punch for Atlantic City

Property Tax Plummet for Borgata is Sucker Punch for Atlantic City

Atlantic City just got hit by another storm recently; this one, financial. (Image source: LarryRivera.com)

Poor Atlantic City.

It gets battered by hurricanes, has its revenues siphoned off by ever-increasing competition from surrounding states like Pennsylvania and Maryland, and has seen a seven-year drop that is continuous gaming profits from its 12 land casinos overall. Finally, it has Web casinos prepared to introduce on November 26th, and things are finding out about through the revenue stream standpoint.

But then it gets another smack into the real face from the income tax man.

Tax Assessment Reversal for Borgata

What proved to be described as a huge victory for MGM Resorts International and Boyd Gaming was not a great deal for the currently faltering coffers of Atlantic City; the two gaming behemoths got a 61 percent lowering of property taxes on the jointly owned Borgata Hotel and Casino which also happens to be certainly one of the less miserable profit disasters in city and now AC has to return pre-paid taxation monies to the two companies.

They can blame it on the Tax Court of New Jersey, which reassessed the casino that is top-grossing the Garden State at $870 million, a huge drop from its 2010 assessment of $2.26 billion. Without doubt there ended up being champagne that is celebratory the MGM and Boyd Gaming conference rooms over that choice. But Atlantic City leaders must be putting their fi Leer más

South man that is african Losing Lottery Ticket in Keystone Kops Mess

Right numbers, wrong date: a South African man who thought he won the lottery finds out the difficult way he did not.

A young man from Hillcrest, KwaZulu-Natal in Southern Africa who laid claim to a National Lottery prize of R33 780 698 ($3,470,796) recently was not just the victim of a nasty crime, but in addition the victim of not reading the correct date on the ticket; something lots of us could probably relate with, we are sure.

Robbed by Cops?

The non-winner 26-year-old Sipho Ngcobo had been allegedly relieved of their ticket by thieves clothed as police whom became jealous of his boasting and saw a way to make some effortless money (so they thought) by firmly taking it upon by themselves to go to your home of the champion with firearms. Because of this, he and his household opened up a case of theft and the police that is real investigating the incident.

However, it is now been confirmed by South African authorities that Ngcobo had the wrong date; in reality, he did not also purchase his solution until Oct. 14, and his ticket was actually for the October 16 draw; the winning ticket in question was for October 13. Therefore even though his numbers were right, their date had been wrong, and timing, as the saying goes, is everything.

No-Name Winner Vindicated

This would come as very good news to the particular (unnamed) winner; neighborhood newspapers said Mr. Anonymous had already claimed th Leer más