No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Atlantic City fifth-straight year of a revenue decline
Written On 4/5/11 By Lenny Wasman :
Profits fall again in 2010
Now in its fifth-straight year of a revenue decline brought on by the explosion of casino gambling in neighbouring states and exacerbated by the poor national economy, Atlantic City's 11 land casinos reported gross operating profit that fell by nearly 28 percent last year.
Year-end tax data released Monday by the state Division of Gaming Enforcement showed the casinos with a total gross operating profit of nearly $535 million. That's down from the nearly $730 million in gross operating profit in 2009, reports Associated Press.
The figure includes earnings before interest, taxes, depreciation and other costs, and is a widely accepted measure of profitability within the gambling industry.
David Hughes, chief financial officer for Trump Entertainment resorts, said 2010 was a tough year because it includes a half-year of financial impact from table games in Pennsylvania, which began in mid-July.
"The problem for the city as a whole has been competition and economics," Hughes said. "For 2011, I think you'll still see a decline in the market but it'll be much less."
The Borgata Hotel Casino & Spa claimed the biggest annual profit at $174.6 million, while the Atlantic City Hilton claimed the greatest financial loss at nearly $19 million.
But in percentage terms, the biggest decline was at Resorts Casino Hotel, which posted an operating loss of $18.5 million, a decline of nearly 41 percent. The casino has since gone on an expense-slashing binge, including making all its workers re-apply for their jobs at lower salaries, and is trying an array of promotions to increase business volume.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
NYX Gaming Group Expanding in Italy -
NYX Gaming Group says its continues to bridge the gap between online and land-based operators as it announced a new licensing deal in the Italian market.
Interwetten Q3 2016 Report -
In a brief third quarter 2016 report, Malta-headquartered online gaming company Interwetten reported strong growth across all verticals, with an emphasis on online casino revenues.
Evolution Gaming Q3 2016 Report -
Evolution Gaming Group AB delivered in its third quarter 2016 results reporting strong growth in revenue and a significant increase in mobile penetration. The company attributes is success to strong general growth and continued high demand for dedicated environments.
Dragonz Slot Launches -
#Dragonz The creatures in this 243 ways to win game engage with play during the free spins round, triggered by three or more scatters on the reels, and each character leads four different free spins rounds.
Mecca Launch Instant Win Games -
IWG has provided instant win content to lotteries for the past 15 years, amassing a portfolio of over 250 games. Its deal with Mecca signifies a move into the wider online gaming industry, servicing commercial brands and platforms.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.