Casino News: Encore Boston Harbor Revenues, Vegas Casino Sues Evander Kane
This week’s casino news includes disappointing income reports from Encore Boston Harbor and the Macau casino industry. Our news report play indian dreaming pokies free also includes the Cosmopolitan Las Vegas suing an NHL player for unpaid gambling debts. When it was authorized by Massachusetts voters in 2012, Encore Boston Harbor was sold to the public as a fix for the commonwealth’s revenue shortages.
There had been large amount of hype about the town of Boston finding a casino nevertheless the locals have been tepid in terms of visiting it. We will start with that whole 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 expectations for the Encore Boston Harbor when it first launched earlier this year but as we approach the end associated with the calendar year, it looks like they’ll miss out on the goals.
The Encore Boston Harbor is on speed to fall nearly $100 million shy of its first-year projections. The casino resort, which are priced at $2.6 billion to build, nevertheless made $175.8 million during its first quarter that is full of, so it’s not as if anybody is complaining. However, 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 entire year. Of course, that projection does not simply take in to account that the revenues for the [Read more…] about Casino News: Encore Boston Harbor Revenues, Vegas Casino Sues Evander Kane