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ATlantic City August 2014 Numbers and Earnings

Monday September 15,2014 :  ONLINE GAMBLING HELPS ATLANTIC CITY SHOW A SMALL IMPROVEMENT
 
But on the land side it's another 1.2 percent decline in August.
 
August figures released by the New Jersey Division of Gaming Enforcement show that August was in general another downer for Atlantic City land casinos, with revenues dropping a further 1.2 percent y-o-y and another closure.
 
The 11 casinos still operating during August (there have been more closures since then) won $294.4 million from gamblers, down from $298 million a year ago.
 
With eight months of 2014 now gone, Atlantic City land casino total year-to-date revenue is now $1.85 billion - a decline of 6.3 percent on the same period last year; if the $83.7 million delivered by online gambling so far this year is added, the decline persists at 2.1 percent.
 
Adding online revenues of $10.5 million, the amount won rises to $305 million, delivering a more acceptable 2.3 percent increase overall when compared to the same period in 2013.
 
Internet gaming revenues grew $500,000 compared with the July 2014 numbers,
 
Among the land casinos, the performance leaders over the month were Borgata, which rose 5.2 percent to $65.8 million; the Tropicana, which was up more than 46 percent to $31.3 million, and the Golden Nugget - up 34 percent to $16.7 million.
 
To date this year three of the 12 Atlantic City land operators that started the year have now gone. Showboat and Atlantic Club shut down in January, followed by Revel early in September.
 
Looking ahead, Trump Plaza closes next week, and there is talk of Trump Taj Mahal closing its doors in November this year.
 
On the New Jersey internet gambling sites, the revenue split was $2.2 million for online poker and $8.3 million from online casino action.
 
Borgata again led the online sites, mostly with its casino operations whilst Caesars continued to pursue with revenues that were largely flat during the month.
 
Other operators saw marginal changes, other than Tropicana, which turned in a better performance at $2.26 (July 2014: $1.96 million), and Golden Nugget, where online revenues dipped steeply to $787,000.
 
Analysts note optimistically that as the northern hemisphere approaches the winter season, online gambling action usually picks up. In addition, technical improvements in geo-location and payment processing, along with increased awareness through advertising and promotions are likely to have a positive impact.
 
Waiting in the wings is Pokerstars, which can bring to bear its brand awareness and historical pulling power through appealing tournaments, marketing and promotions; anticipation is growing that the New Jersey regulator is about to allow the Isle of Man giant in , and that will certainly have an impact.



Gambling News :

Oink Country Love Slot Launches - Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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