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Atlantic City land casinos chop March comps by 12.4 percent

Many gamblers have commented on Internet message boards this year on the increasing "stinginess" of land casinos when it comes to "comps" - player incentives in the form of free meals, drinks, shows, hotel rooms and promos. Clearly the dismal declines in business that the US industry in particular is experiencing in recessionary times has created a need to economise.
 
America's second largest gambling centre, Atlantic City in New Jersey mirrors similar economies being practices by land casino managements in Las Vegas and indeed across the country. Associated Press reports this week that during March 12.4 percent less freebies were handed out by Atlantic City operations.

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Rob Stillwell, a spokesman for Boyd Gaming, which owns casinos in Las Vegas and Atlantic City and in Midwestern and Southern states, told AP: "We're much more cautious with our money. You've got to be more strategic in targeting your customers."
 
Atlantic City's 11 casinos had $339.6 million in complimentary expenses in Q1 2009, down 9.2 percent from the first quarter a year ago. Revenues at Atlantic City's casinos fell 7.6 percent last year, and so far this year, are down 16.2 percent, Associated Press informs.
 
Revenues at Nevada casinos were down 18.1 percent in February, and 14.6 in January this year.
 
Interviews carried out by AP with casino executives and analysts showed that most major gambling markets are reducing their comp spending.
 
"You're seeing comps coming down because the market is just not allowing (casinos) to be as generous as they once were," said Steve Norton, a gambling industry veteran who runs a Missouri casino management company. "It's just not as viable to do that now.
 
"A lot of people are out of work," he said. "They have more time to spend in the casinos; they just don't have money to spend in them."
 
Resorts Atlantic City, where Norton was once vice president, is fighting off a foreclosure threat by its lender. Its co-owner, Nicholas Ribis, told New Jersey casino regulators earlier this year that Resorts had been giving away "too much food, too much drink, too much everything."
 
David Schwartz, director of the Center for Gaming Research at the University of Nevada, said freebies typically go in cycles as casinos try to one-up each other to attract players, then pull back when their giveaways no longer become worthwhile. He said anecdotal evidence suggests comps have gone down in Las Vegas.



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Oink Country Love Slot Launches - Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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