Financial News

Resorts World NYC Wants Lower Taxes
Grant MitchellBy: Grant Mitchell

Resorts World NYC Hopes to Lower Tax Commitment for Proposed Casino

...Tax proposals of 56 percent on slot machine revenue and 30 percent on table games, which are well above industry standard.
Financial News
Norfolk Casino Tax Revenue Projections Halved
Grant MitchellBy: Grant Mitchell

Norfolk Casino Will Generate Less than 50% of Expected Tax Revenue

The Pamunkey Indian Tribe, which received federal recognition in 2015, was awarded the title of majority owner of the Norfolk project before construction ever began.
Financial News
Illinois Casino Industry Grows in October
Grant MitchellBy: Grant Mitchell

Illinois’ Casino Industry Surges 21% YoY During Favorable October

The Illinois Gaming Board revealed in its monthly revenue report that the retail gaming industry generated $165.8 million in October revenue.
Financial News
Ohio Casinos Show Strong Growth
Grant MitchellBy: Grant Mitchell

Ohio Retail Casino Market Produced $88.9 Million in July, Grows 8.4 Percent YoY

Revenue reached $88.9 million during the period, led by $24.7 million, an 11.3 percent YoY increase, by Hollywood Columbus Casino.
Financial News
Delaware casinos decline year-over-year
Grant MitchellBy: Grant Mitchell

Delaware Casinos Underperform Compared to Figures from July 2024

According to a report published by the Delaware Lottery, the state’s casino market procured $34.8 million in revenue during July.
Financial News