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Adams Revenue Revue: U.S. gaming totals decline 1.68 percent

As far as January’s go, 2018 wasn’t a good start for the nation’s casino industry. Gaming revenues fell 1.68 percent in during the year’s first month, due in part to weather complications in many casino markets, according to Reno-based gaming analyst and consultant Ken Adams.

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Commercial Gaming

3/11/2018

article Adams Revenue Revue: U.S. gaming totals decline 1.68 percent
(USA) -- As far as January’s go, 2018 wasn’t a good start for the nation’s casino industry. Gaming revenues fell 1.68 percent in during the year’...

2/12/2018

article Adams Revenue Revue: New casinos fuel 2017 U.S. gaming revenue growth of 3.7 percent
(USA) -- U.S. gaming revenue climbed a surprising 3.8 percent in final month of 2017, helping the industry reach almost $41.2 billion during the year, an increase of 3.7...

1/12/2018

article BLOG: Are Northeast Casinos Reaching A Tipping Point?
(USA) -- From the time its first legal casino opened in 1978, until the early 1990s, Atlantic City was really the only place people could gamble in the Northeast.

12/13/2017

article US commercial casinos totaled $3.4b in October
(USA) -- According to data compiled by the University of Nevada, Las Vegas’ (UNLV) Center for Gaming Research, the commercial casino industry totaled US$3.4...

12/8/2017

article Commercial Casinos Win $3.4 Billion In October
(Las Vegas) -- The U.S. commercial casino industry won a combined $3.4 billion from its gambling customers in October, bringing the year-to-date winnings to about $35...

11/28/2017

article Fitch analysts: 2018 to be strong year for global gaming
(Worldwide) -- Continued economic growth across gaming’s key markets worldwide should generate positive lift throughout the industry globally in 2018, a new Fitch...

11/27/2017

article Global gaming market expected to see moderate growth in 2018, according to report
(USA) -- The global gaming market is expected to see moderate growth in 2018, according to report from Fitch Ratings. "2018 is set to be a good year for gaming...

11/23/2017

article U.S. Commercial Casinos Win $3.4B In September
(USA) -- A strong September for the Nevada casino industry helped the nationwide commercial gambling market move past $3.4 billion in winnings for the month.

11/6/2017

article Northeastern States Wager on Gambling Expansion [sub req]
(USA) -- The proliferation of legalized gambling in the Northeast is showing no signs of abating with states and developers continuing to push more casinos, in some...

11/4/2017

article Montville Town Council candidates face pressure to bring taxes down despite hurdles
(Connecticut) -- At the transfer station, the senior center, at campaign events and at their front doors, candidates for the Town Council say residents have been asking...

10/9/2017

article Commercial casinos in the US experience growth
(USA) -- According to data released by the University of Nevada Las Vegas, commercial casinos in the United States reached a 4 percent year-on-year growth. The results...
article Report reveals US casinos make $3.4 billion in August 2017
(USA) -- Nevada saw one of its strongest Augusts for casino revenue, suggests a brand new report compiled and published by the University of Nevada, Las Vegas. Combined...

8/2/2017

article US commercial casinos post strong June results
(USA) -- Excluding tribal-run casinos, the industry saw revenue from gambling increase y-o-y by more than 2% to more than USD 3.3B, according to the University of Nevada...

6/23/2017

article Facts Show Gaming Industry Is Boosting Local Economies
(Maryland) -- As the gaming industry has become an increasingly prominent part of American culture and the U.S. economy, there have been skeptics who have contended that...

5/17/2017

article Casino revenues continue to increase in the US
(USA) -- March was a good month for gambling in the United States, as data shows the industry as a whole nationwide has been able to see an increase in gaming revenues...

5/16/2017

article Casinos in the US experienced gaming win
(USA) -- Casinos in the United States experienced a growth in revenue by almost 7 percent year-over-year in March, as revealed by the University of Nevada Las Vegas...

4/25/2017

article REPORT: The Future Of Gambling In The United States
(USA) -- PlayUSA.com has produced a comprehensive overview of the major issues and key stakeholders involved in seven emerging products that are critical to the future...

4/24/2017

article U.S. Commercial Casinos Win $3.4B In February
(USA) -- Non-tribal casinos in the country won a combined $3.39 billion from gamblers in February, according to data compiled by the University of Nevada Las Vegas...

3/17/2017

article U.S. Commercial Casinos Have Winning January
(USA) -- Commercial casinos (non-tribal) across America won a combined $3.38 billion in January, an increase of 3.56 percent compared to January 2016.

2/13/2017

article American casinos win $117 billion in 2016: Report
(USA) -- The U.S. leads the world in gambling losses by country with Americans losing $116.9 billion last year, according to The Economist’s citing of data from U....

7/5/2016

article Gambling Pays Out Less for U.S. States
(USA) -- State-sanctioned gambling has changed a lot since the 1970s, when a flurry of states began to introduce lotteries as a way to bring in extra revenue. Since the...

6/18/2016

article Casino saturation to be discussed at forthcoming Boston seminar
(Massachusetts) -- Amid the continuing expansion of casino gaming throughout the United States, the upcoming Summer Meeting of National Council Of Legislators From...

5/9/2016

article A look at the most gambling-addicted states
(USA) -- The Kentucky Derby just happened this past weekend. It was a big event for horse lovers, of course. But also for gamblers. Which brings us to a new study from...

4/19/2016

article Blinken Report Casts Shadow On Casinos As A Cash Cow For States
(USA) -- Northeast states are increasingly looking to gambling as a means of budget relief and a source of tax revenue. Policy experts have their doubts. The Rockefeller...

4/12/2016

article Gambling only a short-term fix for cash-starved states: study
(USA) -- Gambling provides only a short-term fix for U.S. states looking to boost revenue without having to turn to politically unpopular tax hikes on income and sales,...
article Report: Gambling tax revenues are not a safe bet
(New York) -- A new report out from the Rockefeller Institute suggests that states have rushed to embrace gaming and casinos as a new source of tax revenue but that...

3/25/2016

article Moody’s raises EBITDA forecast for U.S. gaming sector
(USA) -- Moody’s Investors Service said in a Thursday note it was raising its 2016 EBITDA (earnings before interest, taxation, depreciation and amortisation)...

12/29/2015

article Here's a Sure Bet: Merger Mania Won't Abate in Gaming Industry
(New York) -- It’s been the busiest year for gaming-industry consolidation in a decade, and the wave of mergers and acquisitions isn’t over yet. As...

12/16/2015

article Opinions split on Windsor Locks casino development
(Connecticut) -- Residents of Windsor Locks have weighed in on the possibility of a large-scale casino development in the town.

12/7/2015

article Fitch: U.S. Gaming Challenged by REIT Transactions, Secular Changes in 2016
(New York) -- U.S. regional gaming revenues will be flat in 2016, providing a benign operating environment for casino operators, according to Fitch Ratings. Fitch's...

10/15/2015

article No casino in Longmeadow — residents react
(Connecticut) -- Connecticut hoped to add a casino between Hartford and Springfield. But, they just lost a couple of options. Today Enfield and Windsor Locks,...

10/7/2015

article On a cold streak, Vegas casinos try to lure millennials
(Las Vegas) -- Las Vegas has been on a cold streak, with revenues dropping nearly five percent in August--the third straight month of declines. Following new state...

9/15/2015

article State gambling revenues take hit from millennials' habits
(USA) -- Casinos across the nation are suffering from a generation gap, especially at the slot machines, as young people seek more exotic electronic games like the ones...

8/27/2015

article Connecticut granted extension to respond to MGM casino lawsuit
(Connecticut) -- The three Connecticut officials sued by MGM Resorts International over the state's plan to build a new tribal gaming facility to compete with the...

8/26/2015

article Casinos nationally reducing payouts from slots
(USA) -- If payouts from slot machines seem tighter than they used to be, there may be more to it than a long run of bad luck. America’s casinos have been...

8/20/2015

article Casinos’ Stingier Slot Payouts Hurting Sales, Machine Makers Say
(Las Vegas) -- U.S. casinos are making it tougher for players to win at the slot machines, and that’s led to less betting. The portion of slot wagers kept by...
article Tighter slot machines might be hurting revenue, industry research suggests
(Las Vegas) -- Casino markets in many states have tightened their slot machines over the years, and that could be hurting revenues, according to recent industry-backed...
article Gaming Industry Seeking Tougher Federal Cybersecurity Policies
(Las Vegas) -- It has been more than a year since hackers targeted Sheldon Adelson’s Las Vegas Sands Corporation. U.S. intelligence officials say the Iranian...

7/22/2015

article Casinos are On A Roll!
(USA) -- As the economy goes, so goes the gaming industry. And now that the post-recession economy has picked itself up and dusted itself off, casino development is...

7/14/2015

article Moody's sees slight improvement in US casino finances
(USA) -- Moody's Investors Service says U.S. casino finances are improving, but just slightly. The ratings agency increased its industry rating Tuesday to stable...

7/6/2015

article The Single Biggest Threat To The U.S. Casino Industry
(USA) -- Benzinga recently had the chance to sit down with Rick Carter, the co-founder of the Island View Casino Resort in Gulfport, Mississippi, and Island View CFO...

4/6/2015

article New Casinos Will Cost Mohegan Sun, Foxwoods $703 Million
(Connecticut) -- Connecticut's two casinos stand to lose $703 million a year, and annual state slot revenues could drop by $100 million, once four new casinos are up...

3/17/2015

article Legislative Hearing On Casino Bill Starts At Noon
(Connecticut) -- Connecticut legislators are holding a hearing at noon Tuesday to talk about a bill that would allow the Mohegan and Mashantucket Pequot tribes to...

3/13/2015

article Schaghticokes weigh Connecticut gambling options
(Connecticut) -- With his tribe left behind by a plan for up to three more casinos in Connecticut, the leader of the Schaghticoke Indian Tribe says it may pursue a...

2/16/2015

article A comparison of projections with actual casino revenue
(USA) -- In several of the last states to open casinos, revenue has been coming in below levels projected during the planning stages. Here is a look at how estimates...
article Casino Revenues Surge as Gas Prices Fall
(USA) -- Long-struggling regional casinos have been enjoying a surge in gambling revenues, seemingly out of the blue. Could cheap gas have something to do with it?
article Review shows casino money misses states' expectations
(USA) -- For anyone betting on the Northeast's casino bonanza, the odds are long on projects hitting financial expectations. A review of tax data in the last several...

1/18/2015

article Connecticut tribes finally see increase in slot machine wagering
(Connecticut) -- Connecticut's two federally-recognized tribes reported the first increases in slot machine wagering since 2013. The Mashantucket Pequot Tribal...

11/27/2014

article Gambling down overall, but ‘problem’ bettors wagering more
(New York) -- The novelty could be wearing off. After a decade of growth, legalized gambling is starting to stumble, with fewer Americans spending their time and money...

11/24/2014

press release Fitch: Some States Win, Others Lose as Changing Casino Market Reshuffles U.S. Gaming Tax Revenue
(New York) -- Growth in gross commercial gaming revenue across the U.S. slowed to 1.2% last year from 4.8% in 2012 as the industry grapples with saturated regional...

11/18/2014

article America’s Casino-Saturation Problem
(USA) -- In the summer of 2010, New Jersey Governor Chris Christie travelled by helicopter to Atlantic City for what the local media described as a historic press...
article Saturation Claims Unfounded, Says U.S. Casino Study [sub req]
(USA) -- Despite an expansion boom that has seen states from Maine to Maryland join the gambling gold rush, America’s Northeast region remains far from a saturated...

10/27/2014

article Gambling issues roiling Massachusetts, New Jersey and New York
(Ohio) -- As Ohio's casino and racino development has concluded - with four casinos and seven racinos seeking to build momentum - several nearby states are in the...

10/19/2014

article Most casinos thriving even as AC gambling palaces close
(Connecticut) -- Recent casino failures in Atlantic City may influence Massachusetts residents when they vote this fall on whether to repeal a law allowing casinos in...

7/21/2014

article Fitch sees young, old as barriers to robust longterm traditional casino growth
(New Jersey) -- Fitch Ratings just released a fascinating prognosis about longterm casino prospects nationwide. Two particular challenges stood out to me: “...
article Ratings firm sees "lackluster" long-term outlook for nation's gambling industry
(USA) -- A Fitch Ratings analysis released Monday forecasts a slight revenue reduction in the casino market in coming decades, noting “long-term headwinds abound....
article Report: Casino industry not likely to rebound any time soon
(USA) -- Another credit-rating agency paints a grim picture of much of the casino industry's future, finding that "long-term, robust same-store growth in U.S....

7/3/2014

article The growing gaming industry in the US and Canada
(USA) -- The recession has had a monumental effect on today’s modern industries. While some have failed, others have profited enormously, particularly those who...

7/2/2014

article Moody’s downgrades outlook on U.S. gaming industry
(USA) -- Ratings agency Moody’s Investors Service Inc has lowered its outlook on the United States gaming industry to ‘negative’ from ‘stable...

6/30/2014

article Lower Casino Revenues Lead To Moody's 'Negative' Outlook For U.S. Gaming Industry
(USA) -- Gaming revenues are down at casinos down across the U.S., including Connecticut, and on Monday the industry received a "negative" outlook in a report...
article Moody's says gamblers' bets are off
(USA) -- Moody's Investors Service revised its outlook for casino gambling to negative from stable, citing what appears to be a "fundamental downward shift...

6/18/2014

article Developers to outline details of Rensselaer riverfront casino project
(New York) -- The development team that wants to build a casino across the river from downtown Albany, New York will detail its plans for the first time publicly on...

4/28/2014

article These 13 states raked in $34B in gaming revenue
(USA) -- Las Vegas is easily America's city that is most synonymous with recreational risk-taking. Atlantic City, especially for those on the East Coast, has also...

4/9/2014

article Casino gaming grows, but regional revenues lag
(USA) -- The United States commercial casino industry generated $37.8 billion in 2013, expanding by 1.3 percent. The growth in gaming revenue was the result of gaming...
article BLOOMBERG TV: Signs the U.S. Gambling Industry Is Suffering
(New York) -- Bloomberg’s Brian Miller reports on the U.S. gambling industry on Bloomberg Television's “Market Makers.”

5/30/2013

article Mohegan official says state-run keno still needs tribes' approval
(Connecticut) -- State-run keno would require the gaming tribes' say-so. A Mohegan Tribe official issued that reminder Thursday in the wake of a report that the...

5/15/2013

article A Look At The Fastest Growing Commercial Casino Markets In the United States
(USA) -- The casino business was booming in 2012, growing by 4.8 percent. The end result was a commercial casino market of $37.34 billion, a number not seen since 2007...

5/7/2013

article Casino Gambling Data Shows Economic Conditions Are Better
(USA) -- Casino gambling is back to pre-recession levels in the U.S., according to a new report from the gaming industry. One in three Americans went to a casino last...
article Commercial casino gaming revenues total $37.34 billion in 2012
(USA) -- U.S. commercial casinos collected $37.34 billion in gaming revenues in 2012, the second-highest figure ever produced by the nation’s gambling states....
article NPR: Casino Gambling Indicates Economic Turnaround Is Solid
(USA) -- Here's a sign of economic recovery: Americans are gambling again. People apparently have enough money to throw some of it away. After a drop during the...

5/6/2013

article Casino Gambling Surges Most Since Crisis to Approach 2007’s Peak
(USA) -- Casino revenue in the U.S. climbed 4.8 percent in 2012, the industry’s biggest annual advance since the Great Recession hit four years earlier.
article Commercial casino gaming revenues total $37.34 billion in 2012
(USA) -- The U.S. commercial casino industry collected $37.34 billion in gaming revenues in 2012, a 4.8 percent increase over 2011 and the largest growth rate since the...
article Gaming industry sees biggest revenue gains since recession
(USA) -- The U.S. casino industry captured $37.3 billion in gaming revenues in 2012, a 4.8 percent increase from 2011. That growth rate is largest since the recession...
article Report: Casino gambling up in ’12
(USA) -- More gamblers are hitting the slots and blackjack tables in the U.S., giving the industry a 4.8 percent boost in 2012, its biggest since the recession.
article US casino revenue up nearly 5 percent in 2012
(USA) -- Things are looking up for most of the nation's commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady.

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