Casino News: Encore Boston Harbor Revenues, Vegas Casino Sues Evander Kane
This week’s casino news includes disappointing revenue reports from Encore Boston Harbor and the Macau casino industry. Our news report also includes the Cosmopolitan Las Vegas suing an NHL player for unpaid gambling debts. When it was approved by Massachusetts voters in 2012, Encore Boston Harbor was sold to the public as a fix for the commonwealth’s revenue shortages.
There ended up being lot of hype about the town of Boston finding a casino however the locals have now been tepid when it comes to visiting it. We will start with that whole tale even as we recap this week’s casino news.
Year Encore Boston Harbor Falls Far Short Of Expectations in 1st
There were massive objectives for the Encore Boston Harbor when it first opened earlier this season but it looks like they’ll miss out on their goals as we approach the end of the calendar year.
The Encore Boston Harbor is on pace to fall nearly $100 million shy of its projections that are first-year. The casino resort, which are priced at $2.6 billion to build, nevertheless made $175.8 million during its first full quarter of operation, so that it’s not just as if anybody is whining. Nonetheless, while that number is impressive, it still puts Encore Boston Harbor on pace to fall $100 million short of its projected $800 million revenue for the entire year. Of course, that projection does not simply take in to account that the revenues for the company more “Casino News: Encore Boston Harbor Revenues, Vegas Casino Sues Evander Kane”
Sportsbooks Celebrate the Return for the NHL with Generous Refund Feature on Overtime Games
The NHL returned to action Saturday night after several months of inactivity due to having less a collective bargaining agreement involving the players and owners. A deal ended up being finally hammered away not as much as two weeks ago, along with the want to get a shortened season began immediately, training camps were restricted to simply one week, without any exhibition games between teams, and the start of the actual playing fast tracked.
It was a state that is sad of for the NHL, its players, and its fans, coming off a period that saw the league earn record revenues. And as with many sports league strikes, it is uncertain how the fans will respond to the return of the game. Many fans declared these people were done aided by the league, and would no longer support it with their time or dollars. However, the exact same situation has been played out through several North American sports hits, plus the fans always have a tendency to come right back in reasonably brief order and leave the league no worse off than it absolutely was previously.
That loss that is potential of nevertheless does not simply impact the NHL, but also sportsbooks like GEObet.com. The online casino, poker, and sportsbook operator is giving their players a generous refund feature on any wager made on a Canadian-based team this season in an effort to ensure that their hockey wagering customers return to fo more “Sportsbooks Celebrate the Return for the NHL with Generous Refund Feature on Overtime Games”