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Atlantic City March 2013 Revenues fall 10.5 percent

Thursday April 11, 2013 : ATLANTIC CITY MARCH NUMBERS DOWN AGAIN
 
Revenues at the 12 land casinos fall 10.5 percent
 
Year-on-year comparison of revenues at Atlantic City's 12 land casinos showed a continued decline in March 2013, dropping by an overall 10.5 percent.
 
The casinos took in $238.5 million last month. Of that total, nearly $173 million came from slot machines, down nearly 10 percent from March 2012, and $65.6 million came from table games, down nearly 13 percent from a year ago.
 
The official stats show that only one casino saw a revenue increase in March - the Atlantic Club, which is the subject of an acquisition attempt by online poker giant The Rational Group (see previous InfoPowa reports) was up nearly 33 percent to $12.6 million, with slot-machine revenue up by more than 36 percent to $11.2 million.
 
At the negative end of the scale, the Trump Plaza Hotel Casino performed the worst, with revenues down nearly 31 percent to $6.8 million. It was recently sold to a California company and will be rebranded once the new owners take over later this year.
 
Statisticians said that overall slot-machine revenue declined for the month due to a 20 percent slide - around $7.2 million - in the amount of promotional credits that customers wagered last month compared to the same period last year.
 
For the first three months of 2013, Atlantic City’s casinos won $656 million from gamblers, down more than 12 percent from the same period a year ago.



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SportsBetting Supreme Court Showdown - Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)

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NBA Odds: Heat Can Burn Cavaliers in Cleveland - The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

ACR $1,400,000 High Five Tournament Series - It has five added tournaments a day for five straight days, with the $420k Main Event on the final day. There are Texas hold’em and PLO game types, and tons of structures.a

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