Fearlessness is like a muscle. I know from my own life that the more I exercise it,
the more natural it becomes to not let my fears run me.
—Arianna Huffington
15th January 2018  
The Story

The Nevada gambling industry welcomed the New Year with big changes: a decent 2017 revenue growth for the casinos in the state and the appointment of the first female gaming board chair. 


There was a pronounced disparity between revenue
and profit growth among casinos.

According to the Nevada Gaming Abstract, 272 casinos generated a total revenue of $26.2b in FY17, up 3.7% from the previous year, while net income increased by 59% to $1.55b. The disparity in revenue was more notable between casinos on the Strip and those located in Downtown Las Vegas. Casinos on the Strip saw their revenue rise 3.9% to $17.7b, while profits leaped 191.4% to $814m. Meanwhile, casinos in Downtown Las Vegas posted a revenue growth of 10.3% to $1.2b, and profits increased by 111.3% to $110.3m.


The new gaming board chair took a gamble in taking her post.

Nevada Senator Becky Harris was appointed as the new chairperson of the Nevada Gaming Control Board (NGCB), the first female to chair the gaming board. Harris needs to be reappointed in January 2019 as she continues the term of resigned NGCB chief A.G. Burnett.


PCA Reports: Talking Dunning-Kruger with a Tigress

Liv Boeree tells CalvinAyre.com's Lee Davy how she learned the Dunning-Kruger effect the hard way and how the honest assessment of her peers changed the way she played poker. Boeree finished 17th in the PokerStars Caribbean Adventure Main Event and placed 14th in the PCA $25k event.


Coinbase outgoing BTC transactions temporarily go offline (again)

The popular cryptocurrency exchange has been plagued by another technical issue a week after claiming that they have cleared their transaction backlog. Last week, the company said that outgoing transactions involving SegWit1X (BTC) are “temporarily offline,” and that its team is “actively investigating the issue.”

PAGCOR 2017 gaming revenue close to $1.19B

The Philippine state regulator posted a gaming revenue of PHP60b (US$1.19b) in 2017, higher than the PHP55.06b ($1.09b) that PAGCOR recorded in 2016. PAGCOR chief Andrea Domingo said the 2017 gaming revenue was "slightly below target."

Swiss casino growth pokes holes in online gambling narrative

Stadtcasino AG’s Grand Casino Baden reported a gross gaming revenue of CHF60.4m (US$62.2m) in 2017, a 1.3% improvement over 2016’s figure. This marks the property’s first annual growth since 2012.

Atlantic City casinos post second straight year of revenue growth

Atlantic City casinos were able to eke out a modest increase in their gaming revenue last December, posting a total of $186.2m.  The December haul was enough to bring 2017’s total brick-and-mortar gaming win to $2.41b—a 0.3% gain compared to the full-year total in 2016.


Golden Gate is the oldest casino in Las Vegas that is still open and operational. The casino, located in downtown Las Vegas on Fremont Street, first opened as Hotel Nevada in 1906. It only adopted its current name in 1955.


GalaBingo.com sponsors Afternoon’s on 4

The online bingo brand has signed a new deal with British commercial television broadcaster Channel 4, allowing the company to appear on daytime TV every weekday between 2pm – 6pm, like on Countdown, Fifteen to One, the £100k drop and Star Boot Sale.


Poker fans, you are in for a treat! CalvinAyre.com’s Lee Davy sits with Barry Greenstein at the sidelines of PokerStars Carribean Adventure to know more about philanthropy and the poker player’s love for Play Money games. Read the full article here.

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