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Atlantic City December 2016 Earnings Report
ATLANTIC CITY ONLINE GAMBLING CONTINUES TO PROSPER IN DECEMBER
Monthly revenues from online gambling reach $18.4 million - a year-on-year rise of 31 percent.
Hot on the heels of the FY2016 Atlantic City numbers released Thursday by the New Jersey Division for Gaming Enforcement comes the news that December 2016 was another good month for online gambling.
In December the sector delivered revenues of $18.4 million, a year-on-year increase of 31 percent as the online poker and casino subsidiaries owned by partnerships between online gambling firms and licensed Atlantic City land operators continued to prosper.
The figures also represent a new monthly record for New Jersey online gambling, overtaking the previous benchmark set in July by over $1 million dollars.
Online casinos contributed the majority of the revenue at $16.2 million, up year-on-year by 35 percent, whilst online poker numbers were up 6 percent at $2.1 million.
As previously reported, on an annual basis last year online casinos delivered $170.2 million in revenue, and online poker $26.5 million, up 32 and 11.3 percent respectively.
December's star was the online casino site belonging to Golden Nugget, which generated $4.79 million in revenue - a new record for the company's online enterprise, and indeed for individual sites in the sector generally. Golden Nugget has been dominating its rivals in the sector for much of the past four months.
Borgata followed with revenue of $3.71 million, and Caesars Interactive reported $3.66 million.
Resorts Digital's partnership with Amaya-Pokerstars saw that business occupying the fourth spot on $3.14 million, and the Tropicana trailed with its casino-only product generating $3.09 million.
From an annual perspective, last year saw Borgata deliver the best overall online performance at $47 million, followed by Golden Nugget ($42.2 million), Caesars Interactive ($38.6 million), Tropicana ($36.9 million) and Resorts Digital ($31.7 million).
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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