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Atlantic City March 2016 Numbers
Thursday April 14,2016 : ATLANTIC CITY PERFORMS BETTER IN MARCH
But the market remains in decline.
Atlantic City's casinos saw their revenue decline by less than 1 percent in March compared to a year ago, according to figures released by the New Jersey Division of Gaming Enforcement on Wednesday.
AC casinos took in $202.9 million from land and online gambling in March - a decline of 0.4 percent compared to March 2015.
The Internet gambling component continued to thrive, increasing by nearly 18 percent from last March to $15.5 million (March 2015: $13.2 million).
Brick and mortar casino win of $187.5 million was achieved in March 2016 compared to $190.7 million in March 2015, a 1.7 percent decrease, but Internet Gaming Win of $15.5 million helped to ameliorate the decline.
In the first three months of 2016 Internet Gaming Win was up 27.7 percent to $44.9 million. Total AC Gaming Win was $597.8 million, up 3.1 percent for the first three months of 2016.
Top performers in the internet sector in March were again Borgata in the lead on a stable $4.2 million, followed by the tied Caesars and Tropicana on $3.16 million each and Golden Nugget ($3.07 million) with Resorts Digital bringing up the rear on $1.88 million.
The debut of Pokerstars (Resorts partner) in the last week of the month clearly had an impact on the numbers, generating almost $598,000 in additional revenue to boost the market’s total poker take to $2.46 million, up 10.5 percent over March 2015.
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Opap in memorandum of understanding With Inspired -
Virtual sports provider Inspired has entered into a memorandum of understanding (MOU) with Greek betting and lottery operator OPAP for the supply of its full suite of virtual sports, for integration online and across OPAP's retail network.
DeltaCorp To Acquire ace2three -
Our readers will recall Delta Corp. acquired a 26 percent stake in Gaussian Networks, parent company of India’s largest online poker operator Adda52 earlier this month
More Australian POC Taxes -
In an interview with The Australian, Tabcorp chief executive offer David Attenborough warned “global rivals” of his belief that other Australian states are moving fast to follow South Australia’s lead in implementing a point of consumption tax.
William Hill Exits Russia -
"Starting from September 23 William Hill Casino Club will terminate its activities in the Russian territory for legislatory reasons. All active customer accounts will be suspended," the advisory reportedly detailed.
Pennsylvania Online Gambling Hearing Postponed till October -
HR 2150, which includes DFS and e-gaming elements, was passed as part of the critical state budget bill by the House in June this year, with lawmakers expecting the bill to contribute $100 million annually in licensing and fees to help balance the state budget.
Two Mega Fortune Dreams Jackpots Hit -
Both Swedish players, the first lucky punter hit a GBP 100,000 jackpot playing on his mobile phone, while the second, identified as Martin, staked just 18p before netting a GBP 60,000 jackpot on the popular series thinking he was playing in demo-mode.
ASA Looking at Ladbrokes and Netbet ads -
A TV ad for Cosmo Gaming’s NetBet online casino was determined by the UK Advertising Standards Authority (ASA) as glamorising online gambling following a single complaint.
Betconstruct In Deal With Realistic Games -
BetConstruct has agreed a deal in which it will integrate a range of Realistic Games online table and slot content including blackjack, roulette and slot titles Super Graphics Upside Down, The Fruit Factory and Fireworks.
XLMedia Half 1 2016 Earnings Report -
Online gambling marketing company XLMedia, which operates websites driving players to online casino operators, delivered robust interim results for the first half of 2016, attributing its success to investment in technology.
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