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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.



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$400k Winner at Bodog Casino - To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.

NBA : Warriors Win the West; NBA Finals Next - The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.

Iforium In Partnership With Booming Games - Iforium, the leading provider of casino aggregation software, are pleased to announce a new agreement with Booming Games

PartyPoker Rakebak - Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.

NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

NHL Predators First Ever Conference Finals Appearance - With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.

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