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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).
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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