Monthly Archives: March 2016

Nevada casino revenue rises in February, sportsbooks have another solid month

Nevada casinos posted strong gaming revenue growth in February, rebounding from January’s nearly 3% decline.

According to figures released by the Nevada Gaming Control Board, statewide gaming revenue hit $989.8m in February, up 8% from the same month last year. All regions of the state reported positive momentum in February, with the Las Vegas Strip up 7.3% to $570.2m and even stronger gains downtown (+17%).

For once, baccarat wasn’t the be-all and end-all of Nevada’s gaming fortunes, as the game’s revenue was up less than 1% to $122.1m, despite a respectable hold of 12.9% and the month containing the Lunar New Year holiday period. By contrast, slots had a very strong month, rising nearly 8% to $609.4m.

Blackjack revenue was up a modest 5.3% to $94.6m, while craps gained nearly 32% to $44.6m and roulette fell 13% to $24.3m. The rest of the table games fared as follows: three-card poker ($12.3m, -1%), mini-baccarat ($10.1m, +8.3%), pai gow poker ($8, -11.1%), let it ride ($3.2m, -1.4%), keno ($2.3m, +2.3%), pai gow ($1.4m, -10.1%) and bingo ($900k, -25%). Other tables and games were up 17% to $15.5m, while poker revenue gained 5.4% to $9m.

Nevada casino revenue rises in February, sportsbooks have another solid month

Nevada casinos posted strong gaming revenue growth in February, rebounding from January’s nearly 3% decline.

According to figures released by the Nevada Gaming Control Board, statewide gaming revenue hit $989.8m in February, up 8% from the same month last year. All regions of the state reported positive momentum in February, with the Las Vegas Strip up 7.3% to $570.2m and even stronger gains downtown (+17%).

For once, baccarat wasn’t the be-all and end-all of Nevada’s gaming fortunes, as the game’s revenue was up less than 1% to $122.1m, despite a respectable hold of 12.9% and the month containing the Lunar New Year holiday period. By contrast, slots had a very strong month, rising nearly 8% to $609.4m.

Blackjack revenue was up a modest 5.3% to $94.6m, while craps gained nearly 32% to $44.6m and roulette fell 13% to $24.3m. The rest of the table games fared as follows: three-card poker ($12.3m, -1%), mini-baccarat ($10.1m, +8.3%), pai gow poker ($8, -11.1%), let it ride ($3.2m, -1.4%), keno ($2.3m, +2.3%), pai gow ($1.4m, -10.1%) and bingo ($900k, -25%). Other tables and games were up 17% to $15.5m, while poker revenue gained 5.4% to $9m.

SBOBET new betting partner of Dundalk FC; Botemania sponsor RCD Espanyol

Asian online sports betting giant SBOBET has inked a new sponsorship deal with Irish football club Dundalk FC.

SBOBET recently announced it had signed on as Dundalk FC’s new official betting partner, which will allow the operator plenty of branding opportunities at the League of Ireland club’s Oriel Park stadium, starting with this Friday’s match against Derry City.

Club GM Martin Connolly said the pact with “such a prestigious global brand as SBOBET” would give the team an added boost, not that they really need it. Dundalk are the current reigning champions of the League of Ireland’s premier division and have started the new season on a tear, currently tied with Derry City in the points standings.

Bill Mummery, executive director of SBOBET’s Isle of Man-based parent company Celton Manx, said his firm looked forward to working with the club, which he said had been making “great strides” in raising its digital presence. Mummery said the Dundalk deal, which follows SBOBET’s sponsorship of Wexford Youths Football Club, “illustrates our drive to grow the SBOBET brand in the Republic of Ireland.”

SBOBET new betting partner of Dundalk FC; Botemania sponsor RCD Espanyol

Asian online sports betting giant SBOBET has inked a new sponsorship deal with Irish football club Dundalk FC.

SBOBET recently announced it had signed on as Dundalk FC’s new official betting partner, which will allow the operator plenty of branding opportunities at the League of Ireland club’s Oriel Park stadium, starting with this Friday’s match against Derry City.

Club GM Martin Connolly said the pact with “such a prestigious global brand as SBOBET” would give the team an added boost, not that they really need it. Dundalk are the current reigning champions of the League of Ireland’s premier division and have started the new season on a tear, currently tied with Derry City in the points standings.

Bill Mummery, executive director of SBOBET’s Isle of Man-based parent company Celton Manx, said his firm looked forward to working with the club, which he said had been making “great strides” in raising its digital presence. Mummery said the Dundalk deal, which follows SBOBET’s sponsorship of Wexford Youths Football Club, “illustrates our drive to grow the SBOBET brand in the Republic of Ireland.”

5 ways to spot a lottery scam

These scams, commonly referred to as the “advance fee,” “lottery” or “sweepstake” scam, involve fraudsters issuing counterfeit checks and fake award letters to consumers who have allegedly won a lottery or sweepstake raffle. The consumer, who most likely never entered the alleged drawing, is issued a check worth more than the amount owed and instructed to pay taxes and fees before receiving their lump sum payment.

Advanced Drainage Systems Provides Outlook for Fiscal Year 2016

Joe Chlapaty, Chairman and Chief Executive Officer of ADS commented, “We experienced strong momentum in our sales trends throughout fiscal year 2016, driven primarily by healthy conversion and favorable weather conditions in the majority of our end markets. Overall, we expect to generate net sales growth between 8.5% – 9.1% in fiscal year 2016, including strong double-digit growth that occurred during the second half of the year.

Amaya CEO David Baazov to Take Indefinite Leave, Vows Amaya Private Takeover Bid is Still On

Amaya top dog David Baazov will take an indefinite leave of absence from his roles as both CEO and chairman, in the light of Quebec regulator AMF’s recent insider trading charges, the company announced today. Last week, the Autorité des Marchés Financiers, which oversees financial institutions’ practices in the province, announced Baazov was facing five […]

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Daniel Wilson Wins Irish Poker Open for $168,000

The 2016 Irish Poker Open came to a close on Monday, and when the final opponent had fallen, it was Ireland’s own Daniel Wilson who stood victorious. Wilson took home close to $168,000; a bit less based on Monday’s euro conversion rates to dollars, and a bit more based on today’s. Following a reduction of the […]

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