Play USA: Las Vegas and Atlantic City Hit by Economic Cooldown, Online Casinos Show Resilience
Las Vegas and Atlantic City casinos are under pressure as visitor numbers fall and economic headwinds build. Las Vegas, in particular, saw a sharp decline in June visitation, leaving convention centers, hotels, and casinos with lower foot traffic. At the same time, real-money online casino gaming continues to grow, offering a stark contrast to the struggles facing traditional venues.
Play Michigan: Michigan Online Casino Revenue Surges to $250.5M in July
The top two online casino operators in Michigan, FanDuel and BetMGM, put together another showdown in July. By a slim margin, FanDuel came out on top. The Michigan Gaming Control Board reported on Tuesday that operators produced $250.5 million in July revenue. FanDuel led the market for the second straight month, posting $63.1 million compared to BetMGM’s $62.0 million.
Legal Sports Report: FanDuel Partners With MLS Club For Missouri Sports Betting
FanDuel did not take long to announce its Missouri sports betting partner after missing out on an untethered license. On Friday afternoon, the Flutter-owned sportsbook announced a market access deal with Major League Soccer club St. Louis City SC. FanDuel was one of three applicants for two untethered Missouri sports betting licenses.
Gambling News: New Jersey Gambling Revenue Soars in July, Online Casinos Leading the Way
The New Jersey gambling industry had a strong month in July, with total gaming revenue soaring to $606.2 million. That number signifies a 10.7% rise compared to July 2024. These values are based on the Division of Gaming Enforcement’s figures that were released last week. Most of the growth can be attributed to online casinos breaking records and bringing in $247.3 million.
Bonus: PENN Entertainment Launches Hollywood Casino App in West Virginia
PENN Entertainment has officially launched its standalone Hollywood Casino app in West Virginia, marking another milestone in its omnichannel gaming strategy. The app went live following successful rollouts in Pennsylvania, Michigan, and New Jersey. It aims to capitalize on the strong cross-play between retail and online gaming observed in the state.
