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Atlantic City Online Gambling Report February 2016

Tuesday March 15,2016 : FEBRUARY INTERNET OPERATIONS IN NEW JERSEY SHINE
 
Internet gambling win up 42 percent at $14.7 million (February 2015 - $10.4 million).
 
The online contribution to Atlantic City operations in New Jersey continues to grow, with figures from the New Jersey Division for Gaming Enforcement Monday showing that internet gambling win reached $14.7 million, up by 42 percent on February 2015's $10.4 million.
 
For the month, online poker contributed 13.5 percent of the total, down from the 19.7 percent it delivered a year ago, whilst online casino contributed 86.5 percent, up from 80.3 percent in February 2015.
 
Online poker revenues were down 7.4 percent at $1.99 million (February 2015: $2.15 million) whilst online casino revenues increased 2.4 percent y-o-y to $12.76 million.
 
Among casinos with Internet gambling, the Borgata retained the top spot in the online market, with $4.2 million in Internet revenue, an increase of $13.4 percent from a year ago. The Golden Nugget, Tropicana, and Caesars Interactive-NJ were closely bunched around the No. 2 spot, at around $3 million each.
 
Resorts hit $1.3 million in Internet revenue, but next week its online partner Pokerstars will begin operating in New Jersey, and the anticipation is that it will provide a major boost to Resorts' standing.
 
The Associated Press reports that Atlantic City gambling overall in February produced win results better by 14.7 percent on the same period in 2015. The eight land casinos took in $204.7 million in February this year.
 
"It's always positive to see casino revenues going up, and there were a lot of factors that combined to make February a good month," said Matt Levinson, chairman of the New Jersey Casino Control Commission. "Compared to last year, the weather was great and with Leap Year, last month had one extra day."
 
Slot winnings were up 8.9 percent to $130.2 million, while table games winnings were up 23.2 percent to $59.6 million.
 
In related news, New Jersey voters will be asked in November 2016 whether the state should approve two new casinos in the northern part of the state under a ballot question authorised Monday by the state Legislature.
 
The Associated Press news agency reports that this will mark the first time in 40 years that the state's voters will have a say about expanding casino gambling in New Jersey, observing that the result could have far-reaching consequences for Atlantic City, which has already lost more than half its casino revenue to competitors in neighbouring states.
 
In the referendum, voters will be asked whether to amend the state constitution to repeal a provision that limits casinos only to Atlantic City. It would authorize two new casinos in separate counties at least 72 miles from Atlantic City.
 
Commenting on the Legislature's approval of the inclusion of gambling on this year's referendum, state lawmaker Ralph Caputo said:
 
"This is a very historic day for New Jersey. In 1976, casinos were approved for Atlantic City. It was a monopoly that existed for many, many years; many people benefited. But conditions change, and when conditions change and you don't adapt, you become a dinosaur and you become extinct."
 
Atlantic City Mayor Don Guardian, was less sanguine, observing that three of his city's eight remaining casinos will close because of new in-state competition; other officials and Wall Street analysts say as many as four could go under because of the new competition.
 
Atlantic City has endured a declining market since casinos opened in neighbouring Pennsylvania in late 2006, and worsened when others launched in New York and Delaware.
 
In 2006, Atlantic City's casino revenue was $5.2 billion; last year it had fallen to $2.56 billion. In 2014, four of the city's 12 casinos went out of business.



Gambling News :

Summer Is Here: It’s the 2017 Super Millions Poker Open - The 2017 Super Millions Poker Open (formerly the Summer Millions) starts July 15 with a hefty $2.5 million guaranteed in the prize pool. Qualifiers begin this Thursday; you can satellite your way into the 2017 SMPO for as little as 55 cents.

Americas Card Room Biggest OSS CUB3D ever - Included in the series is the next $1,000,000 GTD Million Dollar Sunday, the Main Event of the OSS. The MOSS and BOSS also have a Main Event and all three winners will walk away with a sterling silver commemorative bracelet in addition to the prize money. Also returning is an OSS Cub3d combined leaderboard. The top-3 ranked players at the end will receive a $4,900 Punta Cana Poker Classic prize package and a sterling silver bracelet.

Microgaming Casino Games Live on PokerStars - Following a successful integration to the Quickfire platform, Microgaming games are now live on PokerStars Casino

Jurassic World Online Slot live - During the base game, the fierce and genetically modified Indominus Rex can randomly appear on the screen, awarding wins of up to 1,000x the total bet.

Is there a place for AI in poker? - If you are into the technology, you have certainly heard about Artificial Intelligence (AI) at least a few times. The word has become even more popular over the course of the last few years, especially with an introduction of another buzz word

MLB Odds: Mets vs. Dodgers - Injuries have kept the New York Mets (31-37, –14.14 betting units) from being all they can be this year, but they expect to have Steven Matz on the mound for Wednesday’s game against fellow southpaw Rich Hill and the Los Angeles Dodgers (44-26, +7.56 units). First pitch from Chavez Ravine is 10 PM ET on ESPN.

NBA Odds: Warriors Down Cavs in Game 5, Reclaim Title - It took a game longer than they would have liked, but the Golden State Warriors are once again the NBA champions. They beat the Cleveland Cavaliers 129-120 Monday night to eliminate the Cavs (+9 away) in five games and reclaim the Larry O’Brien Championship Trophy.

Vikings’ Victory Slot Launches - The game’s impressive graphics take you to the sea side, where a longship sits beyond the reels. Mountains and trees make up the background, and smoke can be seen billowing from beyond the screen. The five reels are on a sail, with 25 paylines marked by red flags.

50 WSOP Seat Satellite - Sunday, July 2nd at 3pm ET, two just days before the Fourth of July holiday, Americas Cardroom is running a 50-seat qualifier to the 2017 WSOP Main Event in Las Vegas.

NHL Odds: Series Tied Heading Back to Pittsburgh - As quickly as Pekka Rinne lost his game in Pittsburgh, he found it again in Nashville. After Game 2, there were murmurings that Rinne wouldn’t start the next game. Predators Head Coach Peter Laviolette decided to stick with his goaltender, however, and Rinne led his team to two consecutive victories at home while stopping 50 of 52 shots.

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