Arizona Gaming Guide Magazine - May 2022 - 14:05

Page 4

EDITOR’S NOTE

A NEW RECORD!

Your Authority On Everything Gaming

How High Will Gaming Revenue Go?

VOLUME 14 • ISSUE 05 MANAGING DIRECTOR & VIDEO POKER GURU Elizabeth Torma liz@azgamingguide.com

O

ne of the main reasons we publish our magazine every month is to provide our readers with some accurate background about important news in the casino gaming industry.

Unfortunately, what the general population is exposed to when television, radio, magazine and newspapers, and above all the internet and social media decide to relay information about casinos, slots, etc. is wildly inaccurate and oversimplified at best (I’m trying really hard to be nice here!). So, here’s a little tidbit of information that might be hard to wrap your brain around. It was for me! In 2019, Commercial Gaming Revenue was at an alltime high of $44 billion. Then COVID-19 happened and many casinos closed for a month and a half or more. Obviously 2020 wasn't a record-breaking year. Although, I have a feeling, if someone were to calculate the proportional revenue across 2020, it might match or beat 2019. Anyway, the true jaw dropper is the Commercial Gaming Revenue in 2021 was up by another 21% from 2019 at $53 billion! And, that doesn't include Tribal Gaming Revenue, which is more difficult to track as not all tribes across the country are required to share publicly the same level of information about gaming revenues as their commercial counterparts. What will certainly boost Commercial Gaming Revenue numbers in the future is the news Chicago is zeroing in on their candidate for their sole commercial gaming license. As of the beginning of April, Bally’s Corporation with their $1.74 billion proposal, Hard Rock with their $1.74 billion proposal, and Rivers 78 with their $1.62 billion proposal are still vying for the license. Have A Lucky Month!

Alexandra

Alexandra Lang Editor-in-Chief Editor@AZGamingGuide.com

PUBLISHER & SLOT GURU Chris Höft chris@azgamingguide.com EDITOR-IN-CHIEF Alexandra Lang editor@azgamingguide.com ART DIRECTOR Melanie Mueller CONTRIBUTING WRITERS Al Moe Mark Novak TJ Jorgensen Lana Hartmann Samantha Becker ADVERTISING SALES Elizabeth Torma liz@azgamingguide.com Nina Consiglio nina@azgamingguide.com MAILING INFORMATION Arizona Gaming Guide P.O. Box 20636 Mesa, Arizona 85277 INTERNET INFORMATION AZGamingGuide.com Facebook.com/ArizonaGamingGuide Copyright © 2009-2022 The Arizona Gaming Guide. All rights reserved. The Arizona Gaming Guide (AGG) presents casino industry and gaming related facts and editorial opinions. AGG accepts no responsibility and no liability for any actions of readers based on articles and/or advertisements presented within. AGG is not liable for claims made in articles and/or advertisements. All pictures, images, logos, trademarks and trade names, etc. are the sole property of their respective owners. Intended for single use only. Reproduction in part or in whole in any form without consent is not permitted. Sale and/or distribution in any form without consent is not permitted. Check all details with the respective casino’s Players Club. Our full legal disclaimer can be found at AZGamingGuide.com/index_files/legal_disclaimer.html. You must be 21 or older to gamble. Please play responsibly. Help is available at 1.800.NEXT.STEP or problemgambling.az.gov. Arizona’s State Gaming Regulatory Agency: Arizona Department of Gaming 1110 W. Washington Street, Suite 450, Phoenix, 85007 1.602.771.4263 or gaming.az.gov Tribal Gaming Funded Problem Gambling Resource: Division of Problem Gambling 1.800.NEXT.STEP or 1.800.639.8783 1110 W. Washington Street, Suite 450, Phoenix, 85007 1.602.542.8998 or problemgambling.az.gov

04 Arizona Gaming Guide | May 2022 | azgamingguide.com


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