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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.

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Gambling News :

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

Secret Symbol Slot - RTG will soon release 'Secret Symbol', a 5 Reel Video Slot on 3/15/2017.

Microgaming is set to release three exciting new games in March - Pollen Party will literally have players buzzing with excitement as the ground-breaking, 720 way variable reel online slot is brought to life in a unique honeycomb reel layout.

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 Thursday’s 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.

NBA Odds: New-Look Pelicans Host Rockets on Thursday - The New Orleans Pelicans just hosted the All-Star Game and saw their very own Anthony Davis win the MVP. But the celebration was brief because the next day, the Pelicans made a huge trade,

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 Republic’s new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

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.

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