Casino
January 24, 2021
December Deadwood Casino Handle Rebounded, 2.35% down YTD
Casinos in Deadwood, South Dakota, posted strong December performance to complete a calendar year that would be remembered with shutdowns and restrictions on operation. Strong December Completed 2020 According to the financial report for the last month of 2020 released by the South Dakota Commission on Gaming, the gambling industry in the Black Hills resort […]
Business
November 4, 2020
Maryland, South Dakota and Louisiana Approve Ballot Measures
A trio of states voted in favor of ballot measures for the legalization of sports betting and fueled buying interest for stocks of sports betting operators on the markets Wednesday morning. Boston-based daily fantasy sports and betting operator DraftKings had its biggest rally in 3 weeks, posting gains of 6.2%, followed closely by Penn National […]
Legal
November 3, 2020
Voters To Weigh In On Gaming Expansion In 6 States
Voters in six US states will be asked on Election Day to weigh in on gaming expansion legislation. The new measures range from legalizing sports betting to authorizing casinos. Sports betting legislation will be on the general election ballot in Maryland, Louisiana, and South Dakota. In a note on the subject, Truist Securities gaming analyst […]
Casino
June 22, 2020
Tribal Casinos Go Against Reopening to Protect Native Americans
Reopening plans in Native Tribal casinos have been hindered as the Cheyenne River Sioux tribe in South Dakota has decided to introduce new restrictions and hold out against reopening, citing high mortality rate in the Native American population and spiking cases in the region. Cheyenne River Sioux Places the Safety of People First Native American […]