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Weak February For Atlantic City Casinos
03/10/2012 : WEAK FEBRUARY FOR ATLANTIC CITY CASINOS
Leap year's extra day notwithstanding, February was another disappointing month
Despite an extra day in February thanks to the leap year, Atlantic City casino revenues slid another 5.9 percent last month, edging down to $242.7 million, according to the monthly regulator's report.
Casino operators were expecting more from February, with the extra day, a President's Day long weekend and mild winter weather, but revenues dropped when compared with the same month a year ago, reports the Press of Atlantic City..
Slot winnings were down 4 percent to $176.2 million and table games revenue fell 10 percent to $66.5 million, the New Jersey Division of Gaming Enforcement reported Friday.
The Tropicana was among only three casinos to post higher slot machine revenue for the month, but blackjack ace Don Johnson took the casino for $2 million. Another blackjack player beat Tropicana out of about $4 million, and the casino's table games revenue plunged 118 percent.
Johnson, a player who hails from Pennsylvania, hit the headlines in 2011 when he beat Tropicana, Caesars Atlantic City and Borgata Hotel Casino & Spa out of a total of $17 million. With his latest win at Tropicana, he is now up $19 million, living up to his nickname “Beast of Blackjack.”
Golden Nugget, led the industry in revenue growth for February, up nearly 18 percent in combined slot and table games winnings to $10.9 million.
Eight of the 11 Atlantic City land casinos suffered revenue declines in February, led by the newly minted Atlantic Club Casino Hotel, which was down almost 29 percent.
In related news, local media reported that, after an unsuccessful three years of operation, The New York to Atlantic City train service, Atlantic City Express, is being discontinued.
Set up in 2009 and partly financed by the Borgata, Caesars and Harrah's casinos, the swish train failed to make a profit throughout its brief life.
Gambling News :
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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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