Casino News: Encore Boston Harbor Revenues, Las Vegas Casino Sues Evander Kane

Casino News: Encore Boston Harbor Revenues, Las Vegas Casino Sues Evander Kane

This week’s casino news includes revenue that is disappointing from Encore Boston Harbor and the Macau casino industry. Our news report also contains the Cosmopolitan Las Vegas suing an NHL player for unpaid gambling debts. When it had been authorized 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 large amount of hype about the city of Boston obtaining a casino nevertheless the locals have already been tepid with regards to visiting it. We will start with that story even as we recap this week’s casino news.

Encore Boston Harbor Falls Far Short Of Expectations in first 12 Months

There were massive objectives for the Encore Boston Harbor whenever it first started earlier this year 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 rate to fall nearly $100 million shy of its first-year projections. The casino resort, which cost $2.6 billion to build, still made $175.8 million during its first quarter that is full of, therefore it’s not as though anyone is whining. Nonetheless, while that number is impressive, it nevertheless puts Encore Boston Harbor on pace to fall $100 million short of its projected $800 million revenue for the year. Of course, that projection doesn’t simply take in to account that the revenues for the b Weiterlesen