It may not have originated in Ireland, but the phrase “the luck of the Irish” rings loudly in the country. According to The Irish Post, more money is spent, per capita, on gambling in Ireland than in almost all other countries around the world. Only in two countries – Australia and Singapore – is more spent hitting the slots and the tables than in Ireland.The media outlet doesn’t source its data, but indicates that the Irish love online gambling more than any other form. Online gambling spend is 60%, greatly superior to other forms gambling and sports gambling, which only accounts for 15% of the money. The lottery receives a 10% cut, the same amount given to gambling machines and slots. Casinos, of which Ireland has around 20, pick up 5% of the action.While Australia and Singapore may see more gambling spend per capita, Ireland is the hands-down winner in online gaming spend, with The Irish Post asserting, “Ireland takes the lead globally when it comes to online gambling.” It adds, “With almost 3 billion American dollars spent on gambling and betting every year, that means that each man, woman, and child in Ireland are spending roughly 500 [euros] ($607) annually on this type of entertainment.”The media outlet further indicates that online gambling is most popular in Ireland because the segment is more regulated. It cites “outdated laws” that some casinos are exploiting to attract attention, but the transparency and accountability afforded gamblers by online operators give them an edge. The Irish Post explains that, according to reports, many Irish would prefer to gamble in a British casino than in a domestic one, possibly as a result of the outdated laws.Even before the COVID-19 pandemic, the Irish loved to gamble online and the segment increased about 15% each year. Last year, with the coronavirus in full swing, the numbers jumped substantially and, with the introduction of live online casino games and live sports gambling, the online segment has skyrocketed in popularity. Online gambling is inarguably the future, looking down the road 20 to 30 years, but it’s never too early for casino operators to start preparing.Surprisingly, the U.S. ranks fifth in terms of per-capita gambling spend, even less than Finland. However, with a population of over 330 million, it’s the largest market available. $120 billion was spent on gambling in the country in 2019, while the Irish spent $2.7 billion through its population of less than five million.
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Verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day.One of the most popular promotions for low stakes players on GGPoker has been further expanded.
During the software update on February 10, the Daily Free Spin promotion changed to Daily Freebie. Furthermore, UK players can now also claim the daily gift for a chance to boost their bankrolls.
All players, both existing and new, just need to have verified accounts and log in each day to claim their gift, which lets plays play real money tournaments—and compete for real money cash prizes.
The update has expanded what is given away. Now, there are Daily Freebie tickets for Flip & Go, the super-successful new format introduced in January 2021. It has also undergone some changes since its launch, with GGPoker increasing the frequency and adjusting the buy-ins as well as the maximum number of stacks for purchase.
“GGPoker is happy to confirm that we’ve relaunched our Daily Free Spin offer as the Daily Freebie; verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day. All they need to do is log in and claim their daily reward!” said Paul Burke, Head of Public Relations at GGPoker.
“We hope to continue to change up the rewards on offer in the future, giving all players the opportunity to try out GGPoker’s most exciting games, no matter their bankroll.”
For existing players, Daily Freebie is available immediately—just log in and claim.
If you haven’t yet signed up, you can do so today and enjoy the promotion as soon as you have verified your account. You can also take advantage of all of GGPoker’s generous welcome bonuses.
How the GGPoker Daily Freebie Promotion Works
The operator has seen unprecedented growth in 2020 to become one of the leading online poker platforms for tournaments and cash games. GGPoker has achieved that with a plethora of promotions, innovations, and high-profile partnerships. Their continued success has led to a record $7.5 million in promotions given away in February 2021.
One of several promotions for players with smaller bankrolls is the Daily Freebie formerly the Daily Free Spin.
This was launched on September 7, 2020. It has given verified players the opportunity to claim one $0.25 Spin & Gold ticket every day ever since. The free ticket courtesy of GGPoker continues to be available under the new name three times per week—*but this rotates with other ticket types.*
Players can see the next six upcoming Daily Freebies listed under the “My Promo” tab. A new daily gift becomes available after each daily reset at midnight Pacific time. Each ticket will continue to feature an expiration date of 24 hours once the Daily Freebie has been awarded.
The current rotation of Daily Freebie is fixed for the time being. However, GGPoker hopes “to change the daily prizes on a semi-regular basis,” according to Burke. He also hinted at a strong possibility that the Daily Freebie will include the alternative currencies C$ or T$ sometime soon.
Newly included as a prize in the Daily Freebie is a $1 Spin & Gold ticket, which can be claimed once per week. Furthermore, five $0.05 Flip & Go tickets are up for grabs three times per week, giving players the chance at trying the new tournament format free of charge.
As a mixture between a Flipout and regular tournament, Flip & Go was launched on January 12, 2021. However, it only took a few days for the first tweaks to be made. Initially slated to take place once every hour, it was soon increased to once every 30 minutes.
The buy-ins were also adjusted and the lowest available stake was increased to $0.05 with a guarantee of $50. Players can now take a shot at their own leisure three times per week and enter this lowest tier with five stacks thanks to the Daily Freebie.
Upon launch, the Flip & Go featured a maximum of 10 entries for each of the four stakes. However, that number has been adjusted recently and the stacks for purchase are now capped at a maximum of eight. This makes the bonus stacks based on the holdings during the Flipout stage more valuable in comparison.
The overall feedback for the new tournament format has been very positive, as outlined by Burke.
“Players love it! We have been very pleasantly surprised by the positivity seen across almost all feedback, of course not all players are interested in a new game type but those who have tried it have mostly good things to say about Flip & Go. We’ve also received some constructive criticism, which is also valuable.”
Further tweaks to the Flip & Go format may very well possible, as GGPoker is constantly reviewing and optimizing its schedule. One such adjustment was made with the expansion of the popular Daily GGMasters earlier in February.
The changes to the Daily Freebie promotion went live on February 10. All verified GGPoker players in eligible countries can claim their daily gift under the “My Promo” tab after each daily reset.
Being a professional poker player is a daring as well as exciting decision. If you’re successful at the game and want to quit your day job to become a poker pro, it’s an enticing opportunity. However, be warned: Poker strategies and rules are difficult to work, that isn’t for everyone. If you consider taking a risk to become a professional poker player, you should please ensure that it is an educated choice.
Here are some pros of becoming a professional poker player that might encourage you to take the next step!
Professionally Pursuing What You Love
One of the most prevalent desires in the world is to do something that you love professionally. For anyone in the poker community saying that there’s profit in this, they’re certainly not doing it only for the money. They love the game and have passion for it. For those who don’t have that, must understand that it is a skill game and requires practice to get better. This is what encourages them to put in the research time required to excel and achieve success through the downtrends.
Also Read: Advantages of Becoming a Professional at Poker
Self Determination And Versatility
Poker players set their own schedules which is a great thing for any professional in any field of work or sport. To stave off poker exhaustion and keep you going, getting this independence will go a long time away. Also, you’ll only be accessible to yourself. Versatility is something that is quite limited in a number of professions nowadays and there’s nothing quite like poker tournaments when it comes to versatility. That’s not to suggest, of course, that it’ll be straightforward. The assumption is that when you do so, no-one will be blowing down your neck.
Earning Big Money
There is still a lot of profit to be gained by playing online poker if you can achieve a high level of experience. In terms of rake and playing rewards, there have been a few improvements in the market in recent years that have limited online poker’s profitability, but it is still possible to obtain a decent income playing poker game. Getting in and getting out of micro stakes is one of the greatest obstacles facing emerging online pros these days. In present-day games, the high rake and low rakeback eat away at the winnings of a micro stakes player, making it difficult for them to achieve a good score overall.
On the other hand, live poker has been and is likely still a highly lucrative enterprise for professional players. The live player average is much lower than the online player estimate. This may be because, in casinos, live poker is practiced and thus encourages individuals who play poker to bargain instead of because they are successful at it. Or it could be because of live poker’s social aspect. It’s a mix of both, perhaps.
For more interesting articles about poker or poker news, keep reading PokerShots!
Starting from 16th February to 28th February, PokerBaazi will be hosting the Daily Cash Smash! 13 Days, daily leaderboards and prize pool of INR 21.45 Lakhs! The players can grind any of the three (NLHE/PLO-4/PLO-5) cash tables and all the chips won from the leaderboards will be withdrawable (separate for all three variants)!
All players will have a chance to win from a daily prize pool of INR 1.65 Lakhs! All you have to do is play the cash tables between 10:00 AM – 4:00 AM!
The Daily Leaderboard prize pool
5/10 & 10/25 (Texas Hold’Em): Daily 8k Leaderboard
1/2 & 2/5 (Texas Hold’Em): Daily 4k Leaderboard
25/50 & 50/100 (Texas Hold’Em): Daily 12k Leaderboard
5/10 & 10/25 (PLO-5): Daily 6k Leaderboard
25/50 & 50/100 (PLO-5): Daily 15k Leaderboard
1/2 & 2/5 (PLO-4): Daily 2k Leaderboard
10/25 & 25/50 (PLO-4): Daily 8k Leaderboard
It’s time to grind again on PokerBaazi, but this time, it’s going to have to be on the cash felts! Head over to the link below for more information about the Daily Cash Smash 2.0 and Leaderboards
For more information about the latest poker promotions and poker news, keep reading PokerShots!
Hey guys I’m kinda new to poker so I’m still learning a lot every day. The wsop app made it easy to practice so I had fun. The first couple days I had the app, every night I was on a tear, I was getting power hand after powerhand. Straights to flushes and even once a straight flush. I still haven’t gotten a four of a kind or higher yet. My thing is after a few days I started to have a much harder time, I would have a straight after flop and get beaten by a flush from off the river. I understand with time and experience I can better read and predict that flush but after the last two days I’ve started to enjoy the app less and less. It was fun when everyone at the table had similar money, now even when I’m on lower tables it’s just filthy rich players who reraise almost anything starting from the flop all the way to the river. Sure poker is about bullying your opponents at times but it gets ridiculous when people have to fold pre flop even with solid high hards in fear I won’t even make a pair, just to find out I would’ve had a monster had I waited. Maybe I need to practice more or watch more videos to get the fundamentals (any recommendations would be appreciated). But the last two days have been the biggest beats I’ve ever had and it’s discouraging me from continuing to use the app. Sure the game is about skill and luck but it starts to piss me off when over the past two days I’ve gotten beaten on every power hand. I have a bicycle? Someone has high end straight or flush draw. Have 3 of a kind? Someone has four. Even when I had a fullhouse I would get beat. Maybe I need to watch a video on being able to better decipher the board to know when I have the nuts but I can’t find any handy videos. I know it sounds like a whole lotta complaining but it isn’t like it was multiple people beating me, it’s always the filthy rich player who just happens to get lucky off a river or flip card. And said person will continue to get hand after hand bullying the whole table. Sure it’s a online app it can’t be perfect randomization but at what point does this app become ludicrous? Like really what are the chances the same player will have the best high card or a straight flush or higher 6/10 hands or greater? Hell even when I’ve played my best I thought it was suspect, I was getting hand after hand of amazing sets but now it’s almost like I never win unless someone bluffed and I saw it or I use strategy to get others to think I have the better card. That being said I have made bad calls so not all of my loses can’t be deflected but someone of them feel almost rigged as if the game is favoring certain players on the table. I typically play smart and only make small calls and fold on high bets if I don’t have a solid set or at least a potential flush or straight going for me. Hell I’ve even noticed I play better in tournaments where people play a little bit more realistic And I’m more cautious of the sets I bet on but when it comes to outside of the tournament it seems like this game is just a troll, like it wants to piss me off on purpose. Maybe other users of the app have experienced more fair game play but for the past two days I’ve gotten bullied and it only makes me more mad when the rich guy bluffed and I would’ve had a 3 of a kind or four of a kind but I decided to not go all in on some random cards with no flush or straight potential, such as a 2 and a 9 off suite or pocket 3s. Feel free to roast me if I’m sounding stupid, but from my perspective this app is ridiculous at times.
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With a name like 40 Supreme Fruits, you definitely understand what sort of theme to anticipate. This slot has medium unpredictability and 5 reels, and 4 columns of images. These are joined with 40 different ways to win and some amazing features. All in all, you will see Wilds and Scatters everywhere on the reels and you can come across a Jackpot Diamond and a Double or Nothing feature.Betting and Prizes Since it is a representation of a classic slot, you realize that you’ll have to get mix of identical images to dominate in this game. You’ll require at least 3 for all the essential prizes. Be that as it may, on the off chance that you get 4 or 5 your prize will be bigger. With the exceptional images in the combination, you can take the game up an notch as they trigger the features.40 Supreme Fruits’ Slot Features The super popular theme has familiar images. As such, you’ll see oranges, grapes, plums, lemons, cherries and some other fruits on the reels. In any case, these aren’t the only ones you will see. Wilds and Scatters show up on the reels too.Customarily, Wilds will assist you with trip when making winning mixes by replacing the regular images. Likewise, the Scatter can help you out by making winning mix when you to get at least 3 images in a mix. At that point, there’s the Jackpot Diamond feature which can give one of the jackpots.At last, there’s the Double or Nothing game which can either assist you in increasing your rewards or help you with losing them.Theme and Design A well known theme and a nice design alongside some great features are on offer with 40 Supreme Fruits.Conclusion40 Supreme Fruits takes slot from Novomatic on the fruity theme and offers you huge loads of entertainment with Wilds, a Jackpot Diamond feature, a Double or Nothing Game and Scatters.
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If you enjoy poker, making a living from playing this game seems like living the dream.
Do something you love, and it will never feel like work.
But, before you go all in, you should be aware of all of the pros and cons that come with playing poker for a living.
If you’re considering getting more serious about your potential poker career, here are some of the most prominent advantages and disadvantages that come with being a professional poker player.
The Advantages of Playing Poker for a Living
You Own Your Own Time
If you’re playing poker for a living, you’re effectively choosing your work hours. Being your own boss, especially in a career path such as this, means that you’re entirely free to tailor your own time and make the best of every day.
The hassle of working night shifts or waking up early every morning to drive to work won’t be a problem if you gown down this road.
Your “offices” are the online poker tables and live poker tournaments you choose to participate in.
Just keep in mind that you must maintain great discipline in such a job, as not to lose yourself in the flexibility and freedom of your own time.
No Salary Ceiling
The biggest reason most poker players want to go professional is the unlimited profit available for those who dare to claim it.
Although money shouldn’t be your primary motivator, it’s hard not to think about the multi-million prizes at the biggest poker tournaments in the world.
Even if you are just starting out playing online on real money poker sites, there are still countless options with prizes significantly more extensive than what most working people can earn in their day jobs.
Plus, the best part about this is that there’s no salary ceiling on how much you can bring home each month.
Living and Traveling Anywhere in the World
Another great advantage of playing poker for a living is that you can experience the feeling of always being on vacation while traveling for work and making money in the process.
If you plan on becoming a full-time poker player, you can look forward to frequently traveling to some of the biggest and most exciting cities in the world.
From Las Vegas and London to Barcelona and Monaco, you make your own schedule as packed or free as you wish.
Moreover, as a professional poker player, you have unlimited freedom in choosing a location where you want to settle down.
If you want to make your home in a sunny and warm place, you can select a popular poker destination such as the Caribbean.
This will allow you to enjoy endless summers while still being very close to some of the most popular and rewarding poker tournaments.
The Disadvantages of Playing Poker for a Living
No Guaranteed Income
The most significant benefit of a day job is that you know exactly how much money you’re earning every month.
When you switch up your day job for a professional poker career, this safety net disappears.
While it’s true that you’ll be able to win massive amounts of money potentially, there’s no telling when or even if this will come.
Instability of income is a typical tradeoff in many careers that offer a higher profit ceiling.
If you like playing it safe and can’t risk running a negative balance for a few weeks or months, pursuing a career in Texas Hold’em probably isn’t the best way to go.
That said, if you’re ready to accept the swings and have the mindset to handle the pressure of unstable earnings, you can turn this disadvantage into your advantage.
The Road to Success Can be Arduous
Watching Daniel Negreanu toy with his opponents makes it seem almost effortless. But, most of us forget that we’re watching the end result of years of studying the game and the psychology of their competitors.
All professional poker players have experienced great highs and lows throughout their long journey.
Don’t go into it thinking that it’s going a smooth ride all of the time. Confidence is a must-have, but you should continuously work on your skills to back this up.
Of course, some players have achieved great success in their first few years of playing the game, but these are outliers.
If you’re aiming to make poker your lifetime career, you need to arm yourself with patience and always remember that you’re in it for the long run, and variance will catch up with you eventually.
Stable Budget Needed to Start
Although poker offers you the opportunity to win a lot of money, you also need to have adequate starting capital before you even consider devoting all of your attention to the game.
The lack of money is one of the more significant reasons why most players don’t commit to playing poker professionally.
For many players, it can take years before they can get to a consistent level of winning in poker. If you don’t have the capital to start or a stable day job to cover your poker losses, you can quickly grow tired of the stress and grind.
It’s crucial to remember that success isn’t guaranteed and that you should never risk the money you can’t afford to lose. Learning good bankroll management is a must!
Are you Ready to Become a Professional Poker Player?
The hard truth is that not everyone is cut out to be a world-class poker player. But, with enough patience and work, you can make a great living from playing poker.
This is because, ultimately, the pros heavily outweigh the cons, and most players who truly commit to studying and learning the game can succeed in it.
If you’re passionate about poker and ready to put your energy into it, nothing is stopping you from making a career out of it.
To get some help on your path, check out the best poker training sites out there, as you’ll find plenty of great resources here.
คาสิโนเก้าแห่งในโอคลาโฮมาปิดให้บริการเป็นเวลาสองสามวันเพื่อช่วยประหยัดพลังงานทั่วทั้งรัฐเนื่องจากสภาพอากาศในฤดูหนาวที่รุนแรงส่งผลกระทบต่อกริดพลังงานในรัฐ พายุน้ำแข็งและหิมะขนาดใหญ่ส่งผลกระทบต่อเท็กซัสและโอคลาโฮมาสองรัฐที่ไม่สามารถจัดการกับมันได้ ทำให้รัฐส่วนใหญ่ปิดระบบทำความร้อนซึ่งสร้างแรงกดดันให้กับแหล่งจ่ายพลังงานในทั้งสองสถานะ ชนเผ่าเชอโรกีประกาศก่อนหน้านี้ในวันนี้ว่าจะปิดสถานที่ให้บริการทั้งเก้าแห่งรวมถึงฮาร์ดร็อคคาสิโนในทัลซาเวลา 17.00 น. และจะปิดจนถึงวันพุธเวลา 13.00 น. ตามรายงานจาก บริษัท ย่อยของฟ็อกซ์ในพื้นที่ วันที่เปิดใหม่อาจถูกปฏิเสธหากสภาพอากาศไม่เปลี่ยนแปลง Southwest Power Pool ซึ่งให้พลังงานแก่โอคลาโฮมาเท็กซัสอาร์คันซอแคนซัสนิวเม็กซิโกลุยเซียนามิสซูรีเซาท์ดาโคตานอร์ทดาโคตามอนทาน่ามินนิโซตาไอโอวาไวโอมิงและเนบราสก้ากล่าวว่าพวกเขาขาดแคลนพลังงานเมื่อวันจันทร์ บาร์ตแฮนสันมืออาชีพโป๊กเกอร์ซึ่งเพิ่งย้ายไปออสตินได้ทวีตวิดีโอเมื่อวันอาทิตย์ที่แสดงให้เห็นว่าพายุฤดูหนาวเลวร้ายเพียงใด วิดีโอดังกล่าวแสดงให้เห็นรถคันหนึ่งวิ่งช้าอย่างควบคุมไม่ได้ไปตามถนนในละแวกใกล้เคียงและชนกับรถคันอื่นบนท้องถนน มีเรื่องบ้าๆเกิดขึ้นที่ออสติน ฉันไม่ได้บันทึกสิ่งนี้ แต่มาจากไม่กี่ช่วงตึก … pic.twitter.com/ebbetkKYAZ- Bart Hanson (@BartHanson) 15 กุมภาพันธ์ 2021
โพสต์ 15 กุมภาพันธ์ 2564 01 14 น. อัปเดตล่าสุด 15 กุมภาพันธ์ 2564 03 23 น. Ken Barton หัวหน้าผู้บริหารของ Cru Resorts ลาออกเมื่อวันจันทร์หลังจากที่ บริษัท ยังคงตกเป็นเหยื่อของคดีความในรัฐนิวเซาท์เวลส์ Ken Barton ในภาพนี้คาดว่าจะได้รับการตรวจสอบครั้งใหญ่แม้จะมีการวิพากษ์วิจารณ์อย่างมากเกี่ยวกับประสิทธิภาพของ Crown แพทริเซียเบอร์กินอดีตผู้พิพากษาศาลฎีการัฐนิวเซาท์เวลส์อยู่ในไพ่นับตั้งแต่มีการเผยแพร่รายงาน รายงานดังกล่าวระบุว่า:“ การออกใบอนุญาตคาสิโนไม่เกี่ยวข้องกับสิ่งที่จำเป็น” Bergin กล่าวและเสริมว่าปัญหาจะไม่ได้รับการแก้ไขโดยการแต่งตั้งผู้เชี่ยวชาญ “ผู้อำนวยความสะดวกในการฟอกเงินความเสี่ยงในการจับกุมคนงานในหน่วยงานบริหารต่างประเทศและการตรวจสอบการติดต่อทางธุรกิจกับผู้เยี่ยมชมสามคนและกลุ่มก่ออาชญากรรม” รายงานกล่าว “แนะนำให้หน่วยงานกำกับดูแลของรัฐบาล Ilaga ปฏิเสธที่จะต่ออายุ” มงกุฎ “ใบอนุญาต. NSN บริษัท เปิดรีสอร์ทในซิดนีย์มูลค่า 1.7 พันล้านดอลลาร์ในเดือนธันวาคมและคาดว่าจะจ่ายค่าธรรมเนียม AU อย่างน้อย 3 ล้านดอลลาร์ (2.3 ล้านดอลลาร์) แม้ว่าวันจ่ายเงินเดือน 3 ล้านดอลลาร์จะระบุไว้ในรายงานของเบอร์เกน ในการตอบข้อกล่าวหาในสื่อว่าการฟอกเงินเอื้อให้เกิดการฟอกเงินในทรัพย์สินของเมลเบิร์นและเพิร์ ธ บาร์ตันแสดงให้เห็นว่า “ขาดการดูแลที่ระบายอากาศได้ดี” ในบทบาทซีเอฟโอก่อนหน้านี้เขารับผิดชอบส่วนตัวในบัญชีวีไอพีสองบัญชี เบอร์เกนซึ่งถูกแก๊งอาชญากรใช้เพื่อรีดไถเงินจากกิจกรรมที่ผิดกฎหมาย ในเดือนมกราคม 2020 เขาได้รับแต่งตั้งให้เป็น CEO ของ บริษัท มากว่าทศวรรษ Helen Coonan ประธานกรรมการคนใหม่จะถูกแทนที่ด้วย CEO คนใหม่ “ เมื่อพิจารณาบทบาทของประธานบริหารการตัดสินใจไม่ใช่เรื่องง่าย เขากล่าวว่าคณะกรรมการรู้สึกว่าจะให้ความมั่นคงและความมั่นใจในการเป็นผู้นำในช่วงเวลานี้ ในแถลงการณ์ของ ASX เมื่อวันจันทร์ที่ผ่านมา Coin กล่าวว่า บริษัท กำลัง “ดำเนินการขั้นตอนสำคัญเพื่อปรับปรุงการกำกับดูแลการปฏิบัติตามกฎระเบียบและวัฒนธรรมของเรา” Exodus Barton เปิดประตูพร้อมมงกุฎอีกห้าอัน Michael Johnston และ Guy Jalland ซึ่งเป็นตัวแทนของคณะกรรมการโดย Michael H. Michael Johnson และมหาเศรษฐีพันล้านของ Crown ถูกวิพากษ์วิจารณ์ว่า “เป็นผู้กำกับตัวจริง” แม้ว่าจะไม่ได้อยู่ในคณะกรรมการเป็นเวลาหลายปีก็ตาม “ผลกระทบ” ต่อ บริษัท เธอกล่าวเพิ่มเติมว่า 10 เปอร์เซ็นต์ของการถือครองตราสารทุนควรอยู่ใน Crown นั่นหมายความว่า Packer จะต้องละทิ้งความเป็นธรรมบางส่วนใน บริษัท หากไม่ใช่ทั้งหมด “ ถ้าฉันเก็บส่วนแบ่งของมงกุฎไว้ฉันก็พร้อมที่จะยอมแพ้” แพ็คเกอร์กล่าวระหว่างการสอบสวนเบอร์เกน ใบอนุญาตของ บริษัท
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Posted on: February 15, 2021, 01:56h.
Last updated on: February 15, 2021, 02:23h.
Casino executives and gaming industry leaders continue to forecast a strong recovery, primarily due to pent-up demand.
D Casino owner Derek Stevens, seen here last fall inside his new property Circa, is bullish on the gaming industry’s post-coronavirus recovery. The downtown Las Vegas visionary expects pent-up demand to generate a new “roaring twenties.” (Image: Las Vegas Review-Journal)The frequent talking points from gaming industry brass recently target a new “Roaring Twenties.” Wynn Resorts CEO Matt Maddox was first to link the current decade to the 1920s, when the US experienced economic prosperity and ushered in a new culture highlighted by modernity and the changing role of women.“I think it will be similar to the Roaring Twenties after the pandemic of 1918 and 1919,” Maddox said of the US gaming industry’s post-COVID-19 outlook.Downtown Las Vegas casino magnate Derek Stevens issued a similar sentiment last Friday.A lot of people have said it’s going to be like the Roaring Twenties,” the Circa owner told KTNV. ” Well, it may be, because I think there is so much demand to be able to get back out of the house and have a little bit of fun.”The Roaring Twenties were unfortunately followed by the Wall Street Crash of 1929 and Great Depression. But that isn’t stopping casino heads from believing that the gaming industry is poised to enter its own roaring period in the 2020s.Industry Bets on Roaring 2020sMaddox and Stevens aren’t alone in believing that travel and hospitality will flourish once Americans feel safe. The notion is backed outside of Las Vegas, too.In Atlantic City, Steve Callender, Caesars Entertainment’s top executive in town who chairs the Casino Association of New Jersey, said he’s “guardedly optimistic.”It’s going to take a couple months for the vaccine to be widely distributed. But there is incredible pent-up demand,” Callender told the AP. Bob McDevitt, Atlantic City’s top casino union rep, said the “pent-up demand is going to be explosive.”Mohegan Gaming and Entertainment, in a filing with the SEC, said its business “has been optimized to benefit from … significant pent-up demand for leisure consumption in the months and years ahead.”Bill Miller, president of the American Gaming Association, expressed his confidence of a 2021 recovery.There’s huge pent-up demand for gaming,” Miller said. “I’m upbeat about the second half of the year in particular. As vaccines roll out, people will be excited to travel, hungry for entertainment, and desperate to get out and have fun again.”Research suggests there’s pent-up demand not just for fun, but also for non-remote business. A recent study commissioned by the Las Vegas Convention and Visitors Authority found that 91 percent of former convention-goers miss in-person events.Casino Expansion Continues2020 was unlike any year prior for the US gaming industry. And casino companies are betting it will be unlike any in the near future, too.Despite the industry’s struggles over the past 12 months, casinos are continuing to invest in new markets. States that recently legalized commercial gambling include Illinois, Virginia, and Nebraska.New casinos also continue to come to Pennsylvania, which has surpassed New Jersey to become the second-richest gaming state in terms of revenue, behind only Nevada. Live! Philadelphia, a $700 million integrated casino resort, opened this month.
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