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Atlantic City June Gambling Revenues up
Tuesday July 15 ,2014 : ATLANTIC CITY JUNE GAMBLING REVENUES ARE ENCOURAGING
4 percent rise, assisted by $9.5 million from online gambling.
Atlantic City land casino operators will be encouraged by the news that revenues in June, assisted by a $9.5 million contribution from online gambling activity, rose 4 percent year-on-year.
The news lightened the mood in the wake of Monday's issue of pink slips to 1,153 Trump Plaza workers as that land and online casino becomes the third this year to wind down .
AC operators won $235.9 million in June, up from $227.1 million in June 2013, when Internet gambling was not yet legal in New Jersey, the Associated Press news agency reports.
However, the agency notes that when the now shuttered Atlantic Club's revenue numbers are included, AC revenue was down 5.7 percent for the month, according to statistics published by the New Jersey Division of Gambling Enforcement.
The regulator also noted that online poker activity in the Garden State declined for the third consecutive month, with the three legal operators recording revenues of $2,048,082 in June - down almost 10 percent on the preceding month.
Overall, online gambling in New Jersey fell by 9.17percent from $10.47 million in May to $9.51 million in June.
On a more positive note, the regulator said that total online gaming accounts in the state rose another 7.81 percent to 378,564 - an increase of 27,428 new accounts.
The Borgata continued to lead the New Jersey online gambling operators with $3.4 million in online winnings. Caesars Interactive had $2.6 million, the Tropicana had $1.7 million, the Golden Nugget had $710,635 and the two Trump casinos each had about a half million in online revenue in June.
AP reports that over 7,000 Atlantic City casino workers - about one in four - have been warned their jobs could disappear within 60 days.
The head of the local casino workers' union has characterised that as "a pending catastrophe," not only for the workers and their families, but for the state which relies on casino taxes to fund programs for senior citizens and the disabled.
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.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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