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Atlantic City Revenues up in September 2014
Tuesday November 25,2014 : ATLANTIC CITY PROFITS UP IN THIRD QUARTER
Internet revenues and the absence of losses from failed land casinos see a 7.2 percent rise.
The absence of losses from failed land casinos, along with the new revenues from online gambling launched a year ago, have helped Atlantic City gambling venues to achieve a 7.2 percent rise to $147.5 million in gross operating profit in the third quarter ended September 2014.
Associated Press reports that the numbers include comparisons with four casinos that incurred substantial losses and have since closed.
Taken in isolation, the eight Atlantic City casinos currently operating posted a 3.4 percent increase in gross operating profit to $152.3 million in Q3-2014.
But for the first nine months of 2014, the eight casinos still operating reported an operating profit of $319 million, down 1.5 percent from the corresponding period last year.
Resorts Casino Hotel - an operation with which Pokerstars is hoping to partner if it can achieve New Jersey licensing - posted the largest rise in gross operating profit at $4.9 million, up nearly 600 percent from the $708,000 it earned in the third quarter of last year.
The other success story in the quarter was the Golden Nugget, which delivered a Q3 operating profit of $5.6 million, up 165 percent from the third quarter of last year.
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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