Live saw its gross gaming revenue plummet from $653.1 million in 2016, to just $545 million last year, a loss of more than $108 million.<\/span><\/p>\n<\/div>\nNew York added four commercial casinos upstate, and the first three to open, Rivers, Del Lago, and Tioga Downs, all underperformed in terms of forecasted first-year gross gaming revenue projections.<\/p>\n
And yet there’s more casinos on the way in the northeast. The $960 million MGM Springfield and $2.4 billion Wynn Boston Harbor are under construction in Massachusetts, and as many as 10 satellite casinos are being auctioned off in Pennsylvania. Connecticut is mulling another casino to fend off MGM.<\/p>\n
As for the two gambling capitals of the US, Atlantic City is set to welcome back two casinos this year. And in Sin City, Las Vegas developers are working to finally open the Fontainebleau, and construction continues at Resorts World.<\/p>\n","protected":false},"excerpt":{"rendered":"
Gross gaming revenue at US commercial casinos totaled roughly $41.2 billion last year, according to Reno-based market analyst Ken Adams. In his 2017 Adams Revenue Report, prepared for online gaming media outlet CDC Gaming Reports, the financial analyst says continued casino expansion across the US is responsible for the 3.7 percent year-over-year increase. Adams pointed […]<\/p>\n","protected":false},"author":42,"featured_media":69736,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18],"tags":[],"acf":[],"yoast_head":"\n
US Casino Gross Gaming Revenue Nearly $41.2 Billion in 2017<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n