Casino Industry Expands with New Technologies and Regulations
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Resorts World New York City is seeking a commercial gaming license to expand its operations, with plans to triple its workforce by March 2026, according to amNewYork. The company has proposed tax rates of 56% on slot machines and 30% on table games, which exceed state minimums.
This has led to discussions about establishing standardized tax rates among competing casinos in New York. Meanwhile, Bally's Chicago is moving forward with its permanent casino, featuring a 3,400-slot gaming floor and various amenities, despite facing operational challenges at its temporary site.
The Chicago Sun-Times reports that Bally's has generated disappointing revenues from its temporary location but anticipates a boost once the new facility opens. In Nevada, Boomers Sportsbook is expanding its operations with new licenses, highlighting the ongoing growth of sportsbook options in the area, as detailed by CDC Gaming Reports.
Additionally, Gate City Casino in New Hampshire has introduced automated electronic table games, becoming the first in the state to do so, reflecting a broader trend towards automating gaming experiences in casinos.
These developments showcase a significant evolution within the casino industry, driven by both technological advancements and regulatory changes that enhance user experiences and operational efficiencies.