Last year Americans wagered $85 billion so projections would suggest that in 2023 the total amount wagered may surpass over $100 billion. This is a 176% increase from the entire of 2020 and a 4% increase from 2021. New Jersey has spent the most per capita out of all states so far on sports betting in 2023 while New York has the second highest spend per capita followed by Colorado in third.Ĭurrently between January and July this year, America has wagered over $59 billion. The Eldorad0-Caesars deal, subject to shareholder and regulatory approval, is expected by the companies’ management to close in the first half of next year.Sports Betting in 2023: States that are wagering the most Meanwhile, casino revenues in Missouri were only up about one percent in 2019, according to an American Gaming Association report. During its first quarter, Caesars reported a 9.1-percent revenue gain at its casinos not located in Las Vegas. Harrah’s North Kansas City, which opened in 1994, has just over 60,000 square feet of gaming space and 390 hotel rooms.

Penn still owns Argosy Casino Riverside, as well as Hollywood Casino at Kansas Speedway.

The four would have two owners, but Penn National Gaming was ordered by the FTC last year to sell Ameristar Casino Hotel Kansas City to Boyd Gaming. Of course, the Harrah’s property is a just a sliver of Las Vegas-based Caesars’ portfolio, which includes several significant hotel-casino’s in its hometown, such as Caesars Palace, and throughout the country.īut it puts two of the four large casinos along the Missouri River under one ownership entity. Isle of Capri Casino owner Reno, Nev.-based Eldorado Resorts, is purchasing Caesars Entertainment Corp., owner of Harrah’s North Kansas City, for $17.3 billion in cash and debt. Two of the biggest casinos in the Kansas City area are on track to have the same ownership.

Boyd gaming to acquire ftc four casinos