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.