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Atlantic City Casinos Revenue November 2015
Tuesday December 15,2015 : LITTLE PROGESS FOR ATLANTIC CITY REVENUES IN NOVEMBER
Win up by just 1 percent and could have been worse but for internet revenue boost.
Figures released Monday by the New Jersey Division of Gaming Enforcement show that Atlantic City casino win was $204.3 million in November, a disappointing year-on-year increase of 0.9 percent that could have seen a decline if it were not for revenues generated by the internet gambling operations of the casino companies.
The eight remaining operators continued to struggle as state lawmakers pondered proposals for a state-wide referendum to help decide whether to expand New Jersey gambling beyond the boundaries of Atlantic City
Brick-and-mortar win was down 1.4 percent, but that was offset by an increase of more than 51 percent in online gambling revenue, the regulator reported.
Internet gambling brought in $13.2 million in November, compared with $8.7 million in November 2014.
Matt Levinson, chairman of the New Jersey Casino Control Commission, acknowledged that “a healthy increase in Internet gambling” had turned a potentially negative month into one that was positive, albeit only marginally.
Borgata retained the top spot in the online sector with $4.1 million from internet operations; whilst Tropicana unseated Caesars Interactive in second place, reporting $2.9 million. That was made more remarkable by a solid Caesars Interactive performance which saw an outstanding year-on-year improvement of 147 percent to $2.7 million.
Golden Nugget took the fourth spot on $2.2 million, whilst Resorts Digital (partnered by NYX and, soon, Pokerstars) continued to ramp up at $1.2 million.
Overall, the Atlantic City casinos have won $2.37 million so far this year - a worrying 7.1 percent decline from the same period last year.
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NBA Odds: Resurgent Clippers Face Warriors in Oakland -
After a much-needed lineup shuffle, the Los Angeles Clippers (29-27 SU, 35-21 ATS) carry a four-game SU and ATS winning streak into Thursdayís game against the best team in the NBA, the Golden State Warriors (47-9 SU, 27-27-2 ATS). Tip-off is at 10:30 PM ET on TNT.
PokerStars.CZ has launched in the Czech Republic -
PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republicís new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.
Sunbets to Sponsor Sutton United -
Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.
Time is Money Slot Launches -
Set to a catchy tune, Time is Money offers a free spins bonus where all wins are multiplied by up to x12 by a random multiplier, selected from the time traveling clock.
ArenaCube Signs 3 New Deals -
Under their strategic partnership, ArenaCube and Kiron will develop and launch a new version of Arena Challenge in 2017. The new version of the game will carry Kironís virtual content.
First Woman to Win a WPT Playground Championship -
Besting a field of 380, in the C$3,500 buy-in event, Zajmovic beat Jean-Francois Bouchard in heads up play, pocketed the C$261,000 first prize and a seat in the season ending WPT Tournament of Champions.
NHL Odds: Oilers-Blackhawks at the United Cente -
Fans at the United Center will be treated to a potential Western Conference playoff preview this Saturday when the upstart Edmonton Oilers visit the Chicago Blackhawks. The puck drops at 7 PM ET on WGN.
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