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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 :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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