Nevada casino gaming revenue fell in January despite state-licensed sportsbooks setting a new January record for betting handle.

According to figures released Friday by the Nevada Gaming Control Board, statewide casino gambling revenue fell 2.87% to $925.3m. Things were worse on the Las Vegas Strip, which reported gaming revenue down 7.7% to $522.3m, while downtown was up 8.8% to $42m, Laughlin improved 6.9% to $42.4m and Reno slipped 2.8% to $42.6m.

As one has come to expect, baccarat was the primary cause of the Strip’s decline, as the game’s win fell 26% to $101.8m despite a respectable 16% hold. Blackjack was also down, falling 6.8% to $91.1m, while roulette gained 1.5% to $35m and craps rose 12.9% to $31.7m.

The rest of the table game chart reads as follows: three-card poker ($12.6m, -7.6%), pai gow poker ($9.1m, -5.2%), mini-baccarat ($8.5m, +23%), let it ride ($2.8m, -13.1%), keno ($2.2m, +16%) while ‘other games & tables’ improved 9.7% to $17.2m and poker fell 2.9% to $9.5m. Slots revenue was up 3.2% to $579.3m.

Nevada casino gaming revenue fell in January despite state-licensed sportsbooks setting a new January record for betting handle.

According to figures released Friday by the Nevada Gaming Control Board, statewide casino gambling revenue fell 2.87% to $925.3m. Things were worse on the Las Vegas Strip, which reported gaming revenue down 7.7% to $522.3m, while downtown was up 8.8% to $42m, Laughlin improved 6.9% to $42.4m and Reno slipped 2.8% to $42.6m.

As one has come to expect, baccarat was the primary cause of the Strip’s decline, as the game’s win fell 26% to $101.8m despite a respectable 16% hold. Blackjack was also down, falling 6.8% to $91.1m, while roulette gained 1.5% to $35m and craps rose 12.9% to $31.7m.

The rest of the table game chart reads as follows: three-card poker ($12.6m, -7.6%), pai gow poker ($9.1m, -5.2%), mini-baccarat ($8.5m, +23%), let it ride ($2.8m, -13.1%), keno ($2.2m, +16%) while ‘other games & tables’ improved 9.7% to $17.2m and poker fell 2.9% to $9.5m. Slots revenue was up 3.2% to $579.3m.

The Regulated Industries Committee has unanimously approved a bill and accompanying constitutional amendment that would allow up to four casinos around the state

The constitutional amendment, House Resolution 807, would ask voters in a statewide ballot this fall whether they allow casinos in the state. If it’s approved, voters in each region would then decide if they want a casino in their area.

Meanwhile, under a new version of the House Bill 677, casinos’ state tax rate increased to 20% from the original 12% proposal. At least 90% of the tax would go toward education, including the HOPE Scholarships program.

The number of the casinos has also been reduced from six casino resorts to four, which a primary and secondary to be located in the metro region and the two in other parts of Georgia.

The Regulated Industries Committee has unanimously approved a bill and accompanying constitutional amendment that would allow up to four casinos around the state

The constitutional amendment, House Resolution 807, would ask voters in a statewide ballot this fall whether they allow casinos in the state. If it’s approved, voters in each region would then decide if they want a casino in their area.

Meanwhile, under a new version of the House Bill 677, casinos’ state tax rate increased to 20% from the original 12% proposal. At least 90% of the tax would go toward education, including the HOPE Scholarships program.

The number of the casinos has also been reduced from six casino resorts to four, which a primary and secondary to be located in the metro region and the two in other parts of Georgia.

The Global Poker Index American Poker Awards are in the bag. Mike Sexton and Kevin Mathers were honoured with a lifetime achievement and special jury awards

The Global Poker Index (GPI) American Poker Awards (APA) are in the bag. My plan was to stay awake all evening and tweet win-by-win but the speed of the Global Poker League (GPL) Draft made that impossible.

Talking about speed:

Byron Kaverman was awarded the GPI Player of the Year award. Kelly Minkin picked up the Female Poker Player of the Year award.

The Global Poker Index American Poker Awards are in the bag. Mike Sexton and Kevin Mathers were honoured with a lifetime achievement and special jury awards

The Global Poker Index (GPI) American Poker Awards (APA) are in the bag. My plan was to stay awake all evening and tweet win-by-win but the speed of the Global Poker League (GPL) Draft made that impossible.

Talking about speed:

Byron Kaverman was awarded the GPI Player of the Year award. Kelly Minkin picked up the Female Poker Player of the Year award.

South Korea has given the Mohegan Tribal Gaming Authority (MTGA) and KCC Corp. duo the greenlight to build a $5b casino resort at Incheon International Airport.

The Ministry of Culture, Sports and Tourism (MCST) on Friday has issued a new IR license to Connecticut tribal casino operator Mohegan Sun, which partnered with South Korean chemical maker KCC.

The consortium called Inspire Integrated Resort plans to break ground early 2017 and must begin operation by 2020. The Phase 1 is estimated at $1.6 billion, with a total of $5 billion over multiple phases. Mohegan Sun will also be joined by Miura Holdings Asia as part of the development team.

The project will feature a three-tower luxury hotel complex with 1,350 five star and six start guest rooms, a Paramount Studios themed indoor-outdoor amusement park, and a 20,000 square meter casino with 250 tables and 1,500 slot machines.

South Korea has given the Mohegan Tribal Gaming Authority (MTGA) and KCC Corp. duo the greenlight to build a $5b casino resort at Incheon International Airport.

The Ministry of Culture, Sports and Tourism (MCST) on Friday has issued a new IR license to Connecticut tribal casino operator Mohegan Sun, which partnered with South Korean chemical maker KCC.

The consortium called Inspire Integrated Resort plans to break ground early 2017 and must begin operation by 2020. The Phase 1 is estimated at $1.6 billion, with a total of $5 billion over multiple phases. Mohegan Sun will also be joined by Miura Holdings Asia as part of the development team.

The project will feature a three-tower luxury hotel complex with 1,350 five star and six start guest rooms, a Paramount Studios themed indoor-outdoor amusement park, and a 20,000 square meter casino with 250 tables and 1,500 slot machines.