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Increase of Canadian gamblers in Detroit casinos

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There has been an increase in the number of Canadian gamblers in Detroit casinos. The gains in the gambling industry have revived the hopes of a new lease of economic surge in the city after the distress following the 2008 financial crisis.

There are currently three casinos in the Detroit area: The MGM Grand Detroit, MotorCity, and Greektown Casino. While there are some tribal casinos and horse racing tracks in the state, there are no casinos on par with the three operating in Detroit.

The MGM Grand Detroit is a resort-style hotel, with a music venue and 100,000 square feet of gaming space, including VIP gaming space. The MotorCity casino has approximately the same space for a hotel and the gaming floor as well as a music venue. Greektown Casino is the youngest of the three and has roughly the same number of rooms and gaming space, as well as VIP amenities. These are the only casinos in a major metropolitan area outside Las Vegas.

While they saw decades of economic downturn and declining revenue, the casinos are now having record years. The three casinos took in nearly $150 million in one month this spring, which is their biggest haul since 2012. The expectation from financial experts is that the three casinos will continue to grow and pump more revenue into a city that desperately needs it.

Why Are the Casinos Growing in Revenue?

There are three reasons why the Detroit casinos are growing in revenue. First, the economy of the United States is continuing to improve as is the economy of Detroit since the Great Recession of 2008. There are more jobs available, and people have much more income to spend on entertainment, including the Detroit casinos.

In addition, Detroit itself is experiencing a revival. The shattered housing market all over Detroit allowed artists and entrepreneurs to take advantage of rock-bottom rents and housing prices, especially in the city’s centre. Over the last few years, Detroit has become well-known for its art, food, and culture scenes. That means more and more tourists are coming to the city and staying to eat, drink, and gamble. And, that is good news for the casinos. In addition to anchoring the downtown entertainment district, the casinos are benefitting from the sheer number of people who are visiting the area.

Perhaps the biggest reason the Detroit casinos are seeing an upswing in the number of customers is that their closest competition has been shuttered because of a worker’s strike. The Caesars Windsor Casino, which is located directly across the river in Windsor, Ontario, has been unable to have any revenue flowing through its business for the last two months.

The employees, rather than collect a 75-cent raise offered by management, decided to go on strike. So far, the casino and the employees have refused to budge, and the casino remains closed. Gamblers who wish to gamble in a resort casino have no choice but to come across the river and gamble in Detroit. To their credit, the Detroit casinos are offering incentives for Canadian residents who are coming across the border to play and will continue to offer incentives to keep them coming back even if the Canadian casino reopens. It is safe to say that Canada’s loss in revenue is Detroit’s gain.

Source: usaonlinecasino.com

Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Kampanya ng NBI vs. illegal gambling pinalakas ng Pph50M tulong mula PAGCOR

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NAGKALOOB ang Philippine Amusement and Gaming Corporation (PAGCOR) ng Php50 milyon na tulong pinansyal sa National Bureau of Investigation (NBI) upang palakasin ang kampanya kontra illegal gaming, kabilang ang ipinagbabawal na Philippine Offshore Gaming Operators (POGOs).

Pormal na nilagdaan nitong Lunes sa PAGCOR Corporate Office sa Pasay City ang memorandum of agreement nina PAGCOR Chairman at CEO Alejandro H. Tengco at NBI Director Jaime Santiago.

Kasabay nito, ipinagkaloob sa NBI ang Php25 milyon bilang paunang bahagi ng ayuda sa ginanap na turnover ceremony.

Binigyang-diin ni G. Tengco na mahalaga ang partnership ng PAGCOR at NBI hindi lamang sa regulasyon ng gaming at pagkolekta ng kita para sa nation-building, kundi lalo na sa pagpapanatili ng integridad ng industriya.

“This morning, we are signing a memorandum of agreement that underscores the shared responsibility of PAGCOR and the NBI in promoting lawful, fair, and responsible gaming in the Philippines,” ani G. Tengco. “This assistance will defray the cost of food and expenses for POGO detainees, as well as support the Bureau’s legitimate operations against illegal gaming activities.

Dagdag pa ng PAGCOR chairman, sinisiguro ng kasunduan na ang taumbayan ang totoong makikinabang sa kita mula sa legal na sugal.

“Illegal gambling operators undermine our laws, exploit our people, and put our communities at risk. By working hand in hand with the NBI, we are sending a strong message that we will not allow unlawful gaming practices to persist,” giit pa ni G. Tengco.

Samantala, sinabi ni Santiago na malaking tulong ang suportang ibinigay ng PAGCOR upang higit pang mapalakas ang kakayahan ng NBI.

“The NBI welcomes PAGCOR’s assistance as it will enable us to step up our operations against illegal POGOs and other unlawful gaming activities. This partnership affirms our shared duty to uphold the law and protect the Filipino people,” pahayag ng opisyal.

The post Kampanya ng NBI vs. illegal gambling pinalakas ng Pph50M tulong mula PAGCOR appeared first on European Gaming Industry News.

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efbet already offers EGT Digital’s games to its customers in Greece

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EGT Digital and efbet once again expanded their successful partnership, after the leading operator has added the provider’s gaming content to its Greek site. As a result, visitors to efbet.gr can now enjoy the top-performing slot titles from Bell Link and Clover Chance jackpots.

“We are very happy that our collaboration with efbet is so fruitful and after Bulgaria and Romania our games are available to their Greek customers as well,” commented Tsvetomira Drumeva, Head of Sales at EGT Digital. “I believe that our slots will captivate local players with their wide thematic diversity and numerous bonuses and will demonstrate impressive results that will cement our position as one of the operator’s most preferred providers of iGaming solutions.”

efbet team also expressed satisfaction with the deal: “It is of crucial significance for us to provide our customers with access to the best gaming content in all markets where we operate. Our partnership with EGT Digital is an important step towards achieving this goal. I am confident that their games in Greece will once again show an excellent performance, meeting and even outperforming our expectations.”

The post efbet already offers EGT Digital’s games to its customers in Greece appeared first on European Gaming Industry News.

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SOFTSWISS Unveils Interactive Tool to Estimate Online Casino Costs

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SOFTSWISS, a leading international technology provider with over 15 years in the iGaming sector, has developed a free online tool to help operators estimate budget components and time-to-market scenarios for opening an online casino in 2025. The Online Casino Cost Calculator turns SOFTSWISS expertise into a practical tool for early-stage business planning. 

Designed to turn guesswork into structured planning for both newcomers and experienced operators, the Online Casino Cost Calculator offers a comprehensive cost analysis for opening and running an online casino. 

The Calculator offers two modes – Quick Mode for high-level estimation and Full Mode for a deeper forecast. It enables the calculation of key budget components, including platform costs, game content expenses, payment processing fees, hosting charges, and marketing spend. Powered by user input, the tool delivers clear, structured insights that reduce uncertainty and accelerate partners’ go-to-market.

“We understand that support in the launching process is crucial. The Online Casino Cost Calculator uses a data-informed approach to deliver the clarity needed to make the right decisions. It gives businesses of all sizes the notion of how to explore new markets or start new projects, offering equal value to experienced operators and newcomers alike,” said Darya Autukhovich, Head of Casino Platform Business Operations at SOFTSWISS.

The Online Casino Cost Calculator makes the process intuitive with step-by-step guidance that shows how different inputs affect overall projections. To simplify deeper planning, it also provides a downloadable P&L template with projected revenue, costs, and profit over 12 months. Backed by SOFTSWISS hands-on experts, partners receive guidance at every stage – from business planning to launch and growth.

Following the successful launch of the Sportsbook Budget Calculator, SOFTSWISS extends its growing suite of expert tools. Among other recent initiatives is the Gambling Regulation Directory, designed to guide operators through the global regulatory landscape. 

 

About SOFTSWISS

SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Casino Platform, the Game Aggregator with over 35,000 casino games, Affilka Affiliate Platform, the Sportsbook Software and the Jackpot Aggregator. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.

The post SOFTSWISS Unveils Interactive Tool to Estimate Online Casino Costs appeared first on European Gaming Industry News.

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