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Atlantic City January 2016 Earnings

Saturday February 13,2015 :  JANUARY A WEAK MONTH FOR ATLANTIC CITY GAMBLING
 
Bad weather keeps the punters at home, but Internet activity continues to grow.
 
Internet gambling was once again the only really bright spot in gambling stats released Friday by New Jersey's Division for Gambling Enforcement (DGE).
 
Internet gambling revenue was up 26.5 percent year-on-year, reaching $14.63 million. And as observers commented, without that extra online revenue, the land casino operators win in January would have been limited to the $175.4 million they took in from traditional table games and slot machines...down 5.6 percent from January 2015.
 
“January started off strong with the New Year’s holiday weekend, but those gains were erased later in the month when a blizzard dropped up to two feet of snow in Atlantic City’s main feeder markets,” said Matt Levinson, chairman of the New Jersey Casino Control Commission.
 
 “As a result, a lot of people just couldn’t get here that weekend. So it isn’t surprising that revenue from the slots and tables was down for the month. But the bad weather that kept people home contributed to the 26.5 percent hike in revenue from online gambling.”
 
Overall, Atlantic City operators took in $190.1 million in the first month of this year, a decrease of 3.8 percent compared to January 2015. Land operations reported $122.9 million won on slots, and $52.5 million at table games.
 
In online operations for January 2016, at 14.7 percent poker contributed less to the internet gambling total than last year (19.5 percent) whilst online casino activity delivered 85.3 percent - an improvement on the the 80.2 percent achieved in the preceding year.
 
However, internet gambling still accounts for only 8 percent of total win in Atlantic City.
 
The performance ranking on those operators offering internet gambling remained largely unchanged, with Borgata leading the market with $4.5 million in winnings in January, followed by Caesars Interactive at $3.2 million; Tropicana at $2.8 million; The Golden Nugget at $2.5 million and Resorts at $1.4 million.
 
Overall (including land and online) The Borgata had the highest overall monthly revenue at $56.6 million, more than twice that of its closest competitor, Harrah’s. January was a rare up month for the Trump Taj Mahal, which is in the process of being taken over by billionaire investor (and Tropicana owner) Carl Icahn. The Taj Mahal was up 2.3 percent to $12.4 million in January.



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Jurassic World Online Slot live - During the base game, the fierce and genetically modified Indominus Rex can randomly appear on the screen, awarding wins of up to 1,000x the total bet.

Is there a place for AI in poker? - If you are into the technology, you have certainly heard about Artificial Intelligence (AI) at least a few times. The word has become even more popular over the course of the last few years, especially with an introduction of another buzz word

MLB Odds: Mets vs. Dodgers - Injuries have kept the New York Mets (31-37, –14.14 betting units) from being all they can be this year, but they expect to have Steven Matz on the mound for Wednesday’s game against fellow southpaw Rich Hill and the Los Angeles Dodgers (44-26, +7.56 units). First pitch from Chavez Ravine is 10 PM ET on ESPN.

NBA Odds: Warriors Down Cavs in Game 5, Reclaim Title - It took a game longer than they would have liked, but the Golden State Warriors are once again the NBA champions. They beat the Cleveland Cavaliers 129-120 Monday night to eliminate the Cavs (+9 away) in five games and reclaim the Larry O’Brien Championship Trophy.

Vikings’ Victory Slot Launches - The game’s impressive graphics take you to the sea side, where a longship sits beyond the reels. Mountains and trees make up the background, and smoke can be seen billowing from beyond the screen. The five reels are on a sail, with 25 paylines marked by red flags.

50 WSOP Seat Satellite - Sunday, July 2nd at 3pm ET, two just days before the Fourth of July holiday, Americas Cardroom is running a 50-seat qualifier to the 2017 WSOP Main Event in Las Vegas.

NHL Odds: Series Tied Heading Back to Pittsburgh - As quickly as Pekka Rinne lost his game in Pittsburgh, he found it again in Nashville. After Game 2, there were murmurings that Rinne wouldn’t start the next game. Predators Head Coach Peter Laviolette decided to stick with his goaltender, however, and Rinne led his team to two consecutive victories at home while stopping 50 of 52 shots.

Huge Win at Bitstarz Casino - There has been plenty of big wins being landed at BitStarz lately, and yesterday, it was time again. Surprisingly it was yet another Amatic game that made one lucky player extra happy as he raked in an incredible $112,402 during an evening of intense playing.

Beautiful Bones is the latest game release from Microgaming - Beautiful Bones is a five reel, 243 ways to win, visually superb slot. The Day of the Dead-inspired slot features vibrant and elaborately decorated reels, which truly bring this game to life.

NBA Odds: Can Warriors Keep up the Pace in Cleveland? - The Cleveland Cavaliers head back home down 0-2 in the 2017 NBA Finals after losing the first two games straight up and against the spread to the Golden State Warriors by wide margins. Game 3 is Wednesday at 9 PM ET on ABC.

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