This week’s casino news starts off with the latest revenue report. While 2020 was a dark year, 2021 has been surprisingly bright as casinos have thrived.
Casinos In the U.S. On Track for Record-Breaking Year
It has been over a year since the COVID-19 pandemic changed the way that casinos operated around the world. Revenue numbers were slashed, properties were shuttered and players stayed home. There were concerns regarding their recovery but it seems that casinos in the United States have been bouncing back faster than expected.
According to the second quarter of 2021, gambling operators were able to reel in $13.6 billion worth of revenue. Compare that to their previous quarterly record and it was just $11.6 billion set back in 2019.
Nevada, one of the largest markets in the country, had been the leading charge for the United States all year long. They have four straight months of surpassing the $1 billion mark from their residents. Tourism making a small return has definitely helped them out in that category, though. Casinos have also shifted online – especially in the state of New Jersey – and that’s helped buoy some of the revenues in 2021.
Wisconsin Hopes to Jump on Sports Betting Bandwagon
Wisconsin seems to be sick of sitting back and watching other states reap the benefits of legalized sports betting. Nine states across the country have reeled in over $1 billion off of sports wagering with more on the way soon as football returns shortly. Wisconsin has mostly been slow to move on sports betting but governor Tony Evers caught many people off-guard when he announced that there was a change in the state gaming compact with the Oneida Nation.
The change will now allow Wisconsin to take sports bets, which is huge news for players in the area. This comes just a couple of months after a couple of political members felt that sports betting would “never” come to the state. They believed that allowing sports betting would simply jeopardize their current revenue streams but months later, that’s no longer a concern.
There are multiple other states in the process of legalizing sports betting themselves, including Florida who is in the middle of their battle. Meanwhile, California chose has put the subject to the ballot in conjunction with an upcoming election. Many have been wondering that if Wisconsin can 180 so quickly, maybe places like Texas and Hawaii can too.
MaximBet Partners Up with White Mountain Apache Tribe
Magazine giant Maxim has recently partnered with CarouselGroup to rebrand SportsBetting.com and make it into MaximBet. The sports betting element could give the brand new life while the betting brand itself looks set to compete with some of the big boys. MaximBet will be arriving in Colorado, Indiana, Iowa and New Jersey within the coming months but the company is also looking to get a license to operate in Arizona. The emerging online sports betting company has just reached an agreement with the White Mountain Apache Tribe in Arizona. This comes shortly after the state was able to legalize sports betting. The next step will be for the sportsbook to earn one of the licenses being handed out by the state.
Daniel Graetzer, the CEO of MaximBet, said that their company couldn’t be happier to work with the tribe in order to bring a renewed experience to the state. He went on to say that residents of Arizona will fall in love with their consumer-friendly app and fantastic customer service.
You can expect MaximBet to offer a delightful sports betting experience for both veterans and novice bettors alike. There should also be a couple of interesting promotions as well to bring in some new players, including a juicy welcome bonus. Typically, new sportsbooks offer some of the best bonuses. For now, they are running a contest for everyone to join at biggamecontestla.com where anyone can signup to enter the draw to win $50,000 and four tickets to the Super Bowl this year.
DraftKings has been in the news this week for a couple of big reasons. We’ll start off with their latest acquisition as they’ve shelled out well over a billion to bring another company into the fold.
DraftKings Makes Huge Move With Golden Nugget Purchase
Sports betting giant DraftKings has just expanded portfolio with the purchase of Golden Nugget. Variety has reported that DraftKings was able to buy Golden Nugget Online Gaming for a whopping $1.56 billion. It is going to be an all-stock type of agreement and should give DraftKings a major boost in players – especially on the casino side of things. Golden Nugget usually maintains around five million players, which will all be making the switch to DraftKings now.
The deal has already been approved by the board of directors and should be finalized in the first quarter of the 2022 year. Golden Nugget was only worth around $745 million back in June of 2020, yet they were able to flip the script and sell it for double 14 months down the line as online business grew throughout the pandemic.
The Golden Nugget has been one of the most consistent platforms in New Jersey, consistently ending months with just over a third of the total market share. This company also recently launched over in Michigan, a state that created a new online gambling market not too long ago.
DraftKings NFT Marketplace Allowed One User To Grab Every Tom Brady Autograph Issue Available
Sticking with DraftKings, another area where they have been expanding is non-fungible tokens in the cryptocurrency space. Their inclusion into the NFT world didn’t really go as they had hoped as one buyer was able to scoop everything up. Up for auction were a number of different types of sports memorabilia, including some Tom Brady-signed items. One user was somehow able to obtain all five Tom Brady autographed NFTs that were available. They were numbered 100 (twice), 50, 25 and 12.
There was over 20,000 people sitting and waiting for nearly a half an hour before the autograph could become live. Unfortunately, one person got access and bought them all, which has people wondering if there was a glitch in play.
The user, named SweetBabyNicco, turned around and flipped all of the NFT’s but one of them. In total, he earned $75,500 profits after his sales compared to the $3,250 that he spent to obtain all of them. He still holds one of the NFT’s, which is up for sale.
Upcoming New York Gov. Kathy Hochul Has Great Ties Within Gaming Industry
This past week, New York Governor Andrew Cuomo has agreed to step down. Leaving the politics aside for now, a number of people in the gambling sector have wondered where the state is heading with Kathy Hochul set to take over. New York could now be headed in a completely different direction in the next couple of months – especially with sports betting.
Hochul will not only be the first female governor of the state, she could also bring new light to the gambling industry up there. Her husband, William Hochul, has a terrific job at Delaware North, one of the biggest gaming firms in the country. That’s led the early speculation to suggest that she’ll be far more friendly to gaming.
Hochul now has an opportunity to oversee the New York State Gaming Commission, which is already reviewing applications from a few gaming companies who want sports betting licenses. Many entities have been trying to bring online sports betting to the state but things have mostly stalled. We’ll see if something changes now that she’s in charge.
When I wrote and published my article last Friday entitled “Barb’s Best Bet: Want A Hot New Online Slot? Step Into Hell’s Kitchen,” I had no idea what I’m about to tell you now.
Starting Mon., Aug. 23, and continuing through 11:59 p.m. Thurs., Aug 26, Golden Nugget Online Casino has designated Hell’s Kitchen its Game of the Week! Therefore, if you are a NJ online casino player and you play Hell’s Kitchen online or on your mobile device at Golden Nugget anytime during the promotion period, you will automatically earn double Golden Points!
The timing of my article couldn’t have been better!
How the double Golden Points Game of the Week offer at Golden Nugget Online Casino works
If you’re a NJ online casino player who loves online slots, one of the best NJ gambling websites to play them on is Golden Nugget. With 904 games and counting, 841 of which are slots, even if you were to play a different game every day for a couple of years, you wouldn’t run out of options. And, of course, by then, Golden Nugget would have surely added many new games
While it’s hard to go wrong no matter which game you play, if you’re smart, you wouldn’t pick any random game. You would try to find one you can be reasonably certain you will enjoy and that gives you a great bang for your buck, too.
Obviously, pouring through hundreds of games, trying to decide which to play first would take forever, but Golden Nugget saves you the trouble. Every week the casino selects a different slot game as its featured Game of the Week, and that’s always a good place to start. Often, it’s a new game, like this week’s pick, Hell’s Kitchen. But it’s invariably a game from a top manufacturer, and it comes loaded with special features, so you can tell from the get-go that it’s going to be highly entertaining.
Most importantly, because of the special offer, all of your play during the promotion period is worth double points. So, you’re already way ahead of the game.
But this week, you’re getting extra value. Golden Nugget’s Game of the Week, Hell’s Kitchen, is also Barb’s Best Bet of the week. Double Golden Points plus Barb’s Best Bet. What an unbeatable combination!
How to earn double Golden Points playing Hell’s Kitchen at Golden Nugget this week
This promotion is open to all registered Golden Nugget Online Casino players. If that includes you and you would like to participate, simply do the following:
- Log into your Golden Nugget Online Casino account anytime during the 8/23/21 – 8/26/21 promotion period.
- Open the Gordon Ramsay Hell’s Kitchen slot and start playing.
Your double points will be added to your account automatically as you play. For every $100 wagered on this game during the promotion period, instead of earning the usual 5 Golden Points, you will earn 10 Golden Points!
What makes Hell’s Kitchen Barb’s Best Bet
Those of you who follow my reviews of online slots on NJ Gambling Websites know that in order for any slot game to make the cut as Barb’s Best Bet, it must meet very stringent criteria.
Outstanding RTP combined with low-medium volatility
For starters, in order for me to even consider the game the best bet, it must have a published return to player (RTP) that is well above the average for NJ online slots. More specifically, the RTP must be 96.0 percent or higher. Hell’s Kitchen easily qualifies with an RTP of 96.81 percent.
A high RTP doesn’t mean that you will win every time you play. It is simply a theoretical estimate of your long-term expectations. But the higher the RTP, the more frequently the slot pays out, and even when the payout amounts are low and you’re not winning, the high frequency keeps you in the game.
Hell’s Kitchen also has low-medium volatility. This means there is very little likelihood of experiencing pronounced negative swings. This is especially important for low-stakes players with limited bankrolls. As long as you don’t overbet, you can play for extended periods of time with little or no worry of tapping out.
Suitable for players of virtually any bet size
Another characteristic that needs to be present for best bet status is an appeal to a very wide range of bettors. Hell’s Kitchen lets you choose a bet size ranging from a mere 20 cents per spin all the way up to $400 per spin. In other words, this is a game that can be easily adapted to the bankroll and playing style of just about anybody from penny players to high rollers.
Relatable theme and nonstop action and excitement
While all of the above are necessary conditions for best bet status, they are not sufficient. No one wants to play a slot with so little happening that it quickly becomes boring. Or, at the other extreme, most slot players don’t enjoy games that are so overly complicated that they have no idea what is going on. So, I look for slots with a relatable theme that are fun and exciting. These are games that will have your eyes riveted to the screen every minute, but they are also games you’ll want to return to again and again because every experience is different.
How do I know they have these qualities? I don’t just rely on the manufacturer’s description. I play the game several times in demo mode and see for myself. If and only if the game not only seems to offer a more than reasonable chance to win but I also thoroughly enjoy playing it so much I can’t wait to play it again, then I might select it as one of my best bets.
Hell’s Kitchen caught my attention the moment I discovered it. Seeing that the game was a joint collaboration between the world-renowned chef, restauranteur, and cantankerous TV personality Gordon Ramsay and the equally world-renowned slot-maker NetEnt, aroused my curiosity instantly. How could a game inspired by the hit TV show Hell’s Kitchen, with the chance to win up to 10 grand on a single spin, not be a hit, too?
Then, after seeing the images on the screen of such deliciously tempting dishes like Beef Wellington and Sticky Toffee Pudding and the prospect of triggering both a Team Challenge Free Spins bonus round and Gordon’s Bonus Game, I was completely sold
The bottom line: Why Hell’s Kitchen is worth your time
If you’ve ever watched Hell’s Kitchen on TV and/or eaten at any of Gordon Ramsay’s restaurants (he has two in Atlantic City), Hell’s Kitchen is a must-play slot even if you were not getting double points for your play. But even if the name and the theme are new to you, surely by now, you must be eager to see what all of the hooplas is about.
But don’t just take my word for it. Read my review of this amazing slot here on this website and then “savor the flavor” for yourself.
As mentioned earlier, the double points offer on Hell’s Kitchen is available to all registered Golden Nugget Online Casino players. But you have to hurry because it’s only valid through Aug. 26.
By the way, if you don’t have an account with Golden Nugget Online Casino as yet but are considering joining so you can take advantage of the offer, too, now is a great time to sign up.
Golden Nugget Online Casino is offering all new players a 100 percent deposit match bonus up to $1,000 on their first deposit. In addition, every new player who deposits $30 or more will receive 200 Free Spins on 88 Fortunes Megaways.
Alternatively, Hell’s Kitchen is also available for you to play on 12 other NJ gambling websites.