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November Atlantic City NJ Revenues Down Again

12/11/09 - Following on the heels of dismal results from Nevada land casinos during October, the news from Atlantic City is equally bleak.
 
Hopes that the worst was over for the New Jersey gambling mecca faded on the release of November numbers that showed another double digit decline as revenues for the city's 11 casinos fell by 13.4 percent compared to the same month a year ago.
 
Associated Press reports that September and October had seen only single-digit decreases, giving the industry hopes that the turnmaround was in sight, but it was not to be.
 
Overall, the casinos won $299.3 million, with slots revenue accounting for $206.8 million of that total.
 
"There's no sugar coating it," Joe Weinert, senior vice president of Spectrum Gaming Group, a New Jersey casino consulting firm told Associated Press. "It's another poor result for the Atlantic City casinos."
 
There's more pain in store for Atlantic City in the year ahead, Weinert said, because still more competition is coming. He noted the scheduled opening of the Sugar House casino in Philadelphia and live table games likely to begin operating in Delaware and possibly also in Pennsylvania.
 
Only one Atlantic City casino saw an increase in revenue in November, and that was minuscule: 0.1 percent at the Showboat Casino Hotel.
 
For the 11 months of 2009 thus far, casino revenues are down 13.5 percent compared with 2008.



Gambling News :

MLB Odds: Jays vs. Boston - With just one week left in the 2017 regular season, the Toronto Blue Jays (73-83, –20.12 betting units) will play out the string on the road, starting with a three-game series against the Boston Red Sox (91-64, +9.12 units). Game 2 is Tuesday at 7:10 PM ET on Sportsnet and NESN.

Americas Card Room to take 60 Different Crypto Currencies - Winning Poker Network, including Americas Card Room, to Accept Over 60 Crypto-currencies!

New Racing UK free-to-watch show - Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday

MLB Odds: Stroman Gets the Nod Against Royals - The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.

Microgaming in bingo software deal with Marathonbet - Marathonbet’s loyal customers will now be able to enjoy an extensive Bingo offering – marking another big expansion of its online gaming collection.

Microgaming QuickFire enters Coloumbia - Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.

Partypoker to sponsor WSOPC Uruguay - Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.

MLB Odds: Jays Hope to Spoil Orioles’ Visit - The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.

Money Storm Casino - Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.

Big Online SLot Win on Ultimate 10X Slot - At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000

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