The gambling at Las Vegas Strip had great years until 2007 with revenues of $6.84 billion. This figure declined to $5.54 billion the year after the economic recession which hit the casino industry pretty hard. The revenues have started to rebound all over the world since 2010. A large Las Vegas-style casino resort opened near Birmingham in October 2015. That’s just the tip of the iceberg, as most casino development operations have been stalled in the UK. The country focused hard to develop online casinos instead.Meanwhile, we can ask ourselves the following question: “Is the UK the next Las Vegas?” After 10 years since the Gambling Act was created, “super casino” projects started to be developed within the UK, leading to a boom in the gambling industry on the old island. We could say that the future of UK casino industry in sunny.

One of the CEOs of a large casino operator in the UK, Bea Stevens from Aspers, said that UK casinos have taken huge advantage of Britans’ wide acceptance of gambling in general. In addition to this, the relaxation of membership laws now means that anyone can simply walk in off the street to play blackjack or roulette. If we dig even further, we could say that gambling venues are not just casinos any more: they are more focused on entertaining, dining and grabbing a drink than they where 15 years ago.

As the Las Vegas Strip moves into a completely new era of gambling venues, where millionaire DJs are the main draw rather than a jackpot and where 20-somethings are the main target market, the UK industry is slowly catching up. With casinos in the UK are more popular than ever, we expect this trend to continue.The giant Wynn company is working hard to expand its operations that are not in the Las Vegas Strip to help boost its domestic growth. Figures indicate that Boston casino will help the giant diversify its assets in the US. Wynn Resorts operates another two big resorts in this region: Encore and Wynn Las Vegas Resort – both of which reported revenues of over $700 million.

Speaking of MGM Resorts, the company operates 16 casinos in the US and boasts a whopping $2.8 billion in revenue per year. Now, these big boys want to expand. For instance, Wynn has won a bid to build a large casino resort just outside Boston, the largest city in Massachusetts.

On the same note, New York awarded licenses to three multi-million casino projects at the end of December, 2015: Montreign Resort Casino, Rivers Casino & Resort, and Lago Resort & Casino. These casinos are expected to create over 3,300 permanent jobs in the US.The latest Australian government’s review of the 2001 Interactive Gambling Act will definitely not attempt to block any gambling in 2016. Most operators are already providing online in-play wagering and betting via voice-recognition smartphone and tablet apps so the government will have to accept the inevitable and explicitly legalize this practice.In addition to this, the Australian government will also end the Northern Territory online licensing party by allowing individual Australian states to impose a point of consumption tax. 

Aussie states have long protested receiving no tax benefit from NT operators’ dealings and businesses with their state’s residents, and domestic corporate bookies have complained much about Northern Territory operators receveing a free ride while they pay a lot. Therefore, the new law is a real crowd-pleaser, a great decision for legislators.