It appears last year was a record-setting one for commercial casinos in the United States. The American Gaming Association (AGA) is reporting that its Commercial Gaming Revenue Tracker shows the nation reached $53 billion in revenues for 2021. This total blasts the previous record from 2019 when the US reached over $43 billion. The industry was able to end 2021 with a bang, as the final quarter set a new revenue record of $14.31 billion.
Remarkable Results
Last year, there were 23 operational jurisdictions offering commercial gaming that set new individual records when it comes to year earnings. With 34 jurisdictions in operation, the majority were able to reach new heights for the year.
Land-based gaming paved the way by leading in the recovery efforts from 202…
Asian casino operator NagaCorp Limited has reportedly announced that its giant NagaWorld facility in Cambodia has been officially re-opened following an over six-month closure brought on by the coronavirus pandemic.
According to a report from Inside Asian Gaming, the Hong Kong-listed firm used an official Sunday filing to detail that the development in the city of Phnom Penh was temporarily shuttered on March 1 after eleven members of its staff tested positive for coronavirus. The source detailed that this state of affairs for the 1,658-room property was only reversed from September 15 following approval from the Ministry of Health and the introduction of a several public health and safety protocols.
Inoculation imperative:
NagaCorp Limited re…
In Macau and the Gaming Inspection and Coordination Bureau regulator has reportedly licensed just 46 casino junket firms for 2022 at the same time as officials in neighboring China are continuing their crackdown against cross-border gambling.
According to a report from inside Asian Gaming, this is the first instance since the watchdog began issuing such certifications some 20 years ago that the tally of licensed junket firms in the former Portuguese enclave has dipped below 50. The source detailed that the most recent figure is also well under the previous record low of 77 seen in 2006 and almost 46% down on last year’s reckoning of 85.
Relentless recession:
Junket firms in Macau reportedly receive a commission for promoting partner ca…