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ATLANTIC CITY CASINOS SURVIVE HURRICANE SANDY
Thursday November 1, 2012 : ATLANTIC CITY CASINOS SURVIVE HURRICANE SANDY
But regulators will decide when business can resume
Atlantic City’s 12 waterfront casinos survived the Sandy Superstorm largely unscathed, TOO BAD and could open almost immediately, but the Atlantic City gambling regulators will decide when they can do so, reports the Associated Press news agency.
Regulators plan to visit each operation to assess mainly safety and local infrastructure damage and requirements in the wake of the nightmare storm that wreaked havoc on the US eastern seaboard this week, killing 50 people and causing billions of dollars’ worth of damage.
One operator told AP: "Even though we could all re-open within 24 hours if we wanted to, the bigger question is the infrastructure: access roads, power and the situation in the local communities where our employees and our customers live. There’s no sense opening if we can’t get people in here.”
AP reports that the shutdown is costing the casinos a collective $5 million a day in lost revenue, and is only the fourth time in the 34-year history of legalised gambling in Atlantic City that the casinos were ordered closed.
Nine of the casinos are on the Boardwalk, facing the ocean; three others are in the Marina district, next to the Inlet and bay.
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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