Gambling News Podcast

⚡Macau Gambling, Illinois Online Betting & Las Vegas Strip 🏆

July 15, 2022 EasyMobileCasino.com Season 1 Episode 149
Gambling News Podcast
⚡Macau Gambling, Illinois Online Betting & Las Vegas Strip 🏆
Show Notes Transcript Chapter Markers

Welcome to the gambling news podcast brought to you by www.PlaySlots4RealMoney.com, Casino Slots Money & Easy Mobile Casino.


In our first story this week, Macau authorities announced on Friday that they will add two more casino hotels to Covid-19 medical facilities as the number of cases continues to rise in the world's largest Macao gambling hub. The resorts that will be used to increase capacity and handle the surge of infections are Grand Lisboa Palace and the Grand Hyatt Hotel. Two other properties, Sheraton Hotel and Londoner Resort, are already in use as quarantine facilities. 


Macau is yet to implement a full lockdown, although there are more than 17,000 people in quarantine. However, residents have been asked to stay at home and the restaurants only provide takeaway services. For now, other casinos will remain open to protect the jobs, despite the significant lack of business. 


 

Next up, the American Gambling Association is increasing its efforts in the fight against illegal offshore betting platforms. Among other things, this includes actively seeking help from Google. 


Despite the rapid legalization of sports betting in the United States, many American gamblers still place their wagers with offshore betting sites. The lack of regulation allows these platforms to offer better odds and higher caps to their customers, but also leaves more room for shady and unsafe practices. Current estimates are that around $15 billion is being wagered through offshore properties. Some of these sites still rank very high in search results, which is why AGA is asking Google to step up and block these illegal online casinos from being seen in regulated markets.


 

In our next story, Illinois is the only state in the US to report year-to-year casino revenue growth in June. This time of the year is traditionally a slow betting period as NFL and NBA are in the offseason, with MLB the only active major sport. Still, compared to the same period last year, the gambling-related revenue in Illions is up 5% and stands at $110.7 million. 


The June success comes despite poor performance from some of the state's largest casino operators. Ceasars' revenue fell 5% to $64.8 million in June, while Penn National reported $30.9 million, an 8% drop. However, these losses were offset by other major players in the Illinois gambling industry. DraftKings, Quad Cities, and Rivers-Des Plaines all had a very successful month. 


 

In our last story, Las Vegas Strip is about to get another landmark property. A new $500 million hotel and casino plans to open its doors to visitors in 2024. 


Last week, the Dream Hotel Group, one of the fastest growing hotel companies, broke ground on their latest project - a casino and hotel complex which will be named Dream Las Vegas. The new complex will feature a boutique-style hotel with 531 rooms and several premium dining options. Future guests will also get to enjoy a swimming pool, entertainment venue, nightclub, and fitness center. The casino will spread over a 20,000 square-foot floor featuring exclusive slot machines and gaming tables. 


Dream Las Vegas will be located at one of the most attractive spots on the Strip, just opposite Mandalay Bay. 

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 In our first story this week, Macau authorities announced on Friday that they will add two more casino hotels to Covid-19 medical facilities as the number of cases continues to rise in the world's largest gambling hub. The resorts that will be used to increase capacity and handle the surge of infections are Grand Lisboa Palace and the Grand Hyatt Hotel. Two other properties, Sheraton Hotel and Londoner Resort, are already in use as quarantine facilities. 


Macau is yet to implement a full lockdown, although there are more than 17,000 people in quarantine. However, residents have been asked to stay at home and the restaurants only provide takeaway services. For now, other casinos will remain open to protect the jobs, despite the significant lack of business. 

 

Next up, the American Gambling Association is increasing its efforts in the fight against illegal offshore betting platforms. Among other things, this includes actively seeking help from Google. 


Despite the rapid legalization of sports betting in the United States, many American gamblers still place their wagers with offshore betting sites. The lack of regulation allows these platforms to offer better odds and higher caps to their customers, but also leaves more room for shady and unsafe practices. Current estimates are that around $15 billion is being wagered through offshore properties. Some of these sites still rank very high in search results, which is why AGA is asking Google to step up and block these illegal online casinos from being seen in regulated markets.

 

In our next story, Illinois is the only state in the US to report year-to-year casino revenue growth in June. This time of the year is traditionally a slow betting period as NFL and NBA are in the offseason, with MLB the only active major sport. Still, compared to the same period last year, the gambling-related revenue in Illions is up 5% and stands at $110.7 million. 


The June success comes despite poor performance from some of the state's largest casino operators. Ceasars' revenue fell 5% to $64.8 million in June, while Penn National reported $30.9 million, an 8% drop. However, these losses were offset by other major players in the Illinois gambling industry. DraftKings, Quad Cities, and Rivers-Des Plaines all had a very successful month. 

 

In our last story, Las Vegas Strip is about to get another landmark property. A new $500 million hotel and casino plans to open its doors to visitors in 2024. 


Last week, the Dream Hotel Group, one of the fastest growing hotel companies, broke ground on their latest project - a casino and hotel complex which will be named Dream Las Vegas. The new complex will feature a boutique-style hotel with 531 rooms and several premium dining options. Future guests will also get to enjoy a swimming pool, entertainment venue, nightclub, and fitness center. The casino will spread over a 20,000 square-foot floor featuring exclusive slot machines and gaming tables. 


Dream Las Vegas will be located at one of the most attractive spots on the Strip, just opposite Mandalay Bay. 


 
  
  Remember to visit PlaySlots4RealMoney.Com (that's the numeral 4) and EasyMobileCasino.com. Subscribe to our newsletter to get the latest news and bonus codes delivered to you weekly for more updates. Share this podcast on social networks. Remember, tor the most recent online casino ratings and slot machine reviews, stop by CasinoSlotsMoney.com. For Bitcoin and other cryptocurrency quotes, stop by OnlineBlingo.com. Feel free to view the links below, which are helpful resources. That’s your Weekly Gambling News Roundup.