Walk into any fully equipped casino in the United States, and it won’t take long to notice the ratio of slot machines to table games is vastly one-sided. The same is true at two of Maryland’s largest casinos, Maryland Live! and Horseshoe Casino Baltimore. Generally, this set-up produces more revenue for operators and state tax … [Read more…]
Take a step back in time to 2013, when Idaho state lawmakers were presented with a proposal from the state’s Racing Commission to extend the legalities of certain forms of gambling. At that time, legislators voted in favor of permitting ‘historic racing’ games meant to proffer skill-based gambling that mimics live racing. But instead, many … [Read more…]
Online casino software developers are always competing to release new wagering models for internet and mobile gaming licensees. The more the merrier, as they say. Typically, Microgaming is the leader in production, but for the month of January, 2015—which we’re only 2/3 of the way through—Novomatic has jumped far ahead of the pack with 5 … [Read more…]
Over the last few years, gaming company Amaya has turned to an acquisition-heavy business model. The Canadian-based company snatched up a series of smaller land-based and online slot machine makers before taking a huge gamble on the purchase of PokerStars owner, Rational Group, in 2014. According to recent reports, Amaya Gaming is now steering in … [Read more…]
On the evening of November 2, 2014, five suspicious characters entered the Hot Shots nightclub on Hammerton Street in Burnley, Lancashire, England. The three men and two women were on a premeditated mission of the most unsavory sort; to rob the slot machines. Last week, all five appeared in Burnley Crown Court, where they were … [Read more…]
Investing in slot machine makers is risky business these days. A perceptibly saturated global market has caused many of the major gambling device manufacturers around the world to falter on the stock market, but capitalizing on the right companies could still be worth big bucks. Knowing who and when to buy is, of course, the … [Read more…]
Mergers between major companies are not uncommon, especially in today’s immensely competitive business world, but in certain industries, the process can be extremely lengthy. That’s definitely the case for slot machine maker International Game Technology (IGT), an American-based company attempting to merge with Italian lottery company, GTech SpA. After many months of preparations, IGT is … [Read more…]
When you consider the state of Ohio didn’t see its first legally licensed and regulated casino open until May 29, 2012, it’s rather amazing to comprehend that there are now 11 fully operational commercial casinos and racinos functioning around the state. 2014 saw the grand opening of Ohio’s last three racinos, where patrons can bet … [Read more…]
According to a new report in the Las Vegas Review-Journal, cheaper fares and faster service aren’t the most current means of attracting passengers to US airports anymore. With the perpetual goal being to make more money – of course – airports are now looking to provide contemporary enticements to customers. Visitors will now find everything … [Read more…]
A few months ago, Las Vegas-style casino operators in Ohio pilfered a brilliant idea from their neighboring racinos. They requested approval from the state to install outdoor slot machines in an effort to better accommodate their smoking patrons. The Ohio Casino Control Commission approved the request on Wednesday, and Toledo’s Hollywood Casino immediately got to … [Read more…]