Pennsylvania casinos enjoyed a record-breaking month in March, with a 3.79% total gaming revenue increase leading to the state's first $300 million month. Slot machines accounted for the boost, seeing a 5.41% rise in revenue from last year, while table game revenue decreased slightly.
Cambodia's Star Vegas Resort and Club has brought on new VIP junkets to help it recover from a breach of contract by Thai vendors. Although revenue is still down significantly from last year, the facility is on the mend from the hit it took from the resulting illegal competition from Star Paradise.
Galaxy Entertainment may have put on hold plans for a casino resort on Boracay in the Philippines and could be looking for a different site. The island is scheduled to be shut down for six months during an environmental cleanup initiative beginning April 26.
Pennsylvania's lottery has delved into the realm of online draw games and will be adding virtual sports monitor games starting in June. The new games involve a fast draw that occurs in roughly five-minute intervals every day, all day, regarding an animated sport.
Foxwoods Resort Casino in Connecticut officially opened its new HighFlyer zip line attraction. Riders begin their journey from the 350-foot-high roof of the Fox Tower, where they are strapped into a harness and launched at up to 60 mph toward the lawn beside the Mashantucket Pequot Museum & Research Center 3,750 feet away.
Players in New Jersey, Delaware and Nevada will be able to go head-to-head with each other through games offered by WSOP.com and 888Poker beginning May 1. "This will raise jackpots and provide even greater opportunities for play," said David Rebuck, director of New Jersey Division of Gaming Enforcement.
March ushered in a 12.7% year-over-year slot revenue spike to $43.6 million for tribal-owned Foxwoods Resort Casino in Connecticut. Slot revenue at Mohegan Sun rose to $54.8 million last month from $52.6 million in March 2017.
Las Vegas Sands seems a likely candidate to acquire Wynn Resorts, a move that would expand its presence in Macau and Las Vegas, writes PDL Capital CEO Lawrence Meyers. A buyer would face Wynn Resorts' $9.56 billion of long-term debt, but the company earned $940 million in positive free cash flow last year after several years of negative free cash flow.
CoinPoker has entered into an agreement with the Asian Poker Tour to sponsor live online streaming for selected events and give players the chance to enter qualifying events for Asian Poker Tour tournaments, Super High Roller events and Main Events. Players will be able to buy in and cash out using the company's cryptocurrency, CHP.
Total gaming revenue in Detroit increased 5.7% during March compared with last year, reaching $138.6 million, according to the Michigan Gaming Control Board. That topped the city's previous record of $135.3 million in March 2012.