Harrah's Resort Southern California has rebranded itself as "Funner, California" and has elected David Hasselhoff as its mayor. The celebrity will appear in online video, print, radio, mobile, social and billboard advertising as competition from other area casinos heats up.
After Caesars Entertainment Operating Co. emerges from bankruptcy this year, its parent wants to makes use of more than 90 Las Vegas acres it owns, including property fronting Caesars Palace. "We have plans to basically develop all of that very valuable center-strip property as soon as we emerge," says CEO Mark Frissora.
This year's Global Gaming Expo Asia enjoyed a 27% boost in attendance from 2016 with a record 14,000 people. The number of stands promoting online gaming services and products increased, and the sector is expected to continue growing in 2018.
Social casino games are expected to bring in 7% to 10% more revenue globally this year, rising from last year's earnings of more than $3.7 billion, according to JP Morgan Securities. International expansion is likely to be a key growth factor for the sector as smartphones become more widespread.
The Spirit Lake Tribal Council will schedule a vote by its next meeting to determine whether to allow alcohol at the tribe's casino and resort in North Dakota. Some revenue from sales may go toward establishing a drug and alcohol rehab center on the reservation, which has banned alcohol for decades.
More than 70% of likely voters in Connecticut are in favor of legislation establishing a process for competitive bids regarding a third casino in the state, a survey commissioned partly by MGM Resorts International revealed. One proposed bill would require a winning casino operator to build a casino worth at least $300 million, pay at least $8 million to its host town and shell out a $250 million licensing fee in addition to being subject to a town referendum.
Positive table game performance in April helped lead to a 1.4% increase in aggregated gross gaming revenue for Pennsylvania's 12 casinos, which brought in more than $285.24 million. Combined table game revenue grew by almost 10.2% last month year over year to $79.54 million even as slot earnings declined by 1.6%.
A bill that could close all 20 of Portland's poker rooms was approved by Oregon's House and has been passed to the Senate Committee on General Government and Accountability. The proposal would allow poker games to be operated by only charitable, fraternal or religious organizations, but it has not gained much traction with lawmakers in the Senate.
Robot dealers are not likely to rise much in popularity, especially among Asian players, despite the rising global cost of hiring live dealers, Ken Jolly of Scientific Games said during Global Gaming Expo Asia 2017. "Chinese players in particular like to think they can 'beat' the person that is dealing the game or have some sort of control over the game," he said.
Macau has reported its ninth month in a row of year-over-year growth in gaming receipts, and gaming operators are growing the market rather than taking customers away from competitors, American Gaming Association President Geoff Freeman said during Global Gaming Expo Asia 2017. "You have to constantly develop, innovate, reinvest; you have public policies that encourage flexibility," he said.
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