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Atlantic City Casino Revenue Down another 5% For July 2010
July stats show a 5 percent decline in revenues
Official statistics for July 2010 show that Atlantic City land casinos again experienced a decline in revenues - 5 percent lower than the comparable period last year - as competition from neighbouring Pennsylvania added to New Jersey casino woes.
The New Jersey Casino Control Commission reported Tuesday that revenue for the 11 Atlantic City casinos fell to $363.9 million.
The Commission's numbers show that casinos won $252.9 million at the slot machines and another $111 million at table games. Slots revenue fell 5.2 percent from July 2009; table game revenues decreased by 4.5 percent.
Competitive pressure from two neighbouring states contributed to the decline, with Pennsylvania gambling parlours introducing table games on July 8, a few weeks after Delaware did likewise.
Casino analysts have predicted that the stepped-up competition could cost a quarter of its annual table games revenue, or $300 million a year.
For the first seven months of the year, Atlantic City casinos won $21.4 billion, down 7.9 percent from the same period in 2009.
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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