US Casinos Continue Growth and Record Pace

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by , 7 July 2021 at 11:57 am (127 Views)
We have a big week of gambling news to share! Gambling records being broken, and US casinos are growing, as is sports betting and online betting! Plus, in this video we have a new game review to share and an anniversary to celebrate!

On our show from May 4th of this year we told you that Las Vegas casinos had set their second highest monthly revenue totals ever! And now those crazy kids have gone and done it again! Casinos in Nevada won $1.23 billion in the month of May, shattering the previous record of $1.17 billion. So I guess you can honestly say Sin City has made a full recovery from the pandemic!

That recovery is not exclusive to the state of Nevada! US casinos in Mississippi are also up over 20% bringing in over a billion dollars for that state as well. Officials in Mississippi credit post pandemic tourism. And even though Louisiana is still under some COVID restrictions, casinos in New Orleans were able to bring in nearly $60 million! Plus, sports betting is set to launch in that state as early as October. So things are looking up!

And speaking of sports betting, Tennessee brought in over $160 million in the month of May from bets placed on sporting events. Thatís actually a decrease of nearly 7%. So itís not all good news, but not totally unexpected either. Sports betting tends to slow down after the passage of the Super Bowl and March Madness.

And in Kentucky, gambling generated nearly $1.5 billion for the fiscal year, which was an increase of 35% from the year before, with most of the stateís gaming income coming from scratch cards! Donít count out online gambling, however, because that is also growing and gaining popularity in the state. As a matter of fact, Kentucky tried to put scratch cards online but too many people complained. It seems they were scratching up the screens on their cell phones.