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ATLANTIC CITY REVENUES DOWN BY 10 PERCENT IN APRIL
Thursday, May 10,2012 : ATLANTIC CITY REVENUES DOWN BY 10 PERCENT IN APRIL
Land casinos digest another poor month
The New Jersey Division of Gaming Enforcement released April's numbers for Atlantic City Thursday, reporting that land casinos as a whole took in $260.6 million, a 10 percent decline from a year ago.
Slot machine revenue fell 9.2 percent, to $189.5 million, while table game revenue decreased by 12.1 percent, to $ 71.1 million.
The Tropicana Casino and Resort bucked the trend, tripling its winnings from last April. Overall, the casino's revenues were up nearly 39 percent, to $26.7 million.
The only other casino to post a revenue increase was the Golden Nugget, whose $11 million winnings were up 1 percent from a year ago.
Biggest loser for the month was decline was The Atlantic Club, which took in $8.3 million in April, down more than 41 percent from the $14.1 million it won last year when it was known as the Atlantic City Hilton.
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Gambling News :
Pokerstars Bahamas Main and High Roller Results -
The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.
High Hopes For Pennsylvania Online Gambling -
Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.
NJ Warns No Federal Online Gambling Ban -
New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.
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