Casinos In Atlantic City Suffer $112M Loss In 2nd Quarter

Atlantic City Casinos

The nine casinos in Atlantic City had a combined loss of $112 million in the second quarter because of the three-month period they were closed because of COVID-19. Online gambling platforms fared better for New Jersey even allowing a few to profit during the mandatory closures of land-based establishments. ATLANTIC CITY, N.J. – Atlantic City…

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Pennsylvania Sees Massive Financial Losses From Casino Closures

Pennsylvania Casino Closure

In the three months of mandatory shutdowns from the Coronavirus, Pennsylvania’s 12 casinos lost an estimated half a billion dollars in revenue for the state. Research analysts from the Allegheny Institute for Public Policy expect the Keystone State to continue to feel the effects of these losses in the years to come. PITTSBURGH – Pennsylvania…

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AGA Says They Require More Federal Funds To Stay In Business

American Gaming Association CEO Bill Miller

The American Gaming Association (AGA) is requesting more financial help through federal aid, specifically the current proposal known as the HEALS Act. According to the President and CEO of the AGA, Bill Miller, further funding is crucial for the gaming industry in the United States to weather the storm of COVID-19. WASHINGTON, D.C. – The…

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Maryland Lawmakers Discuss The Potential For In-State iLottery

Maryland Lawmakers

An iLottery may be in Maryland’s future as the topic has been brought up to the House Ways and Means Committee. With other gaming revenue reaching all-time lows, the Maryland Lottery is expected to go over the estimated $571 million in revenue for the year. BALTIMORE – As Maryland’s budget deficit continues to grow higher…

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