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Atlantic City May revenues dip 9.5 percent
Thursday June 14, 2012 : ATLANTIC CITY REVENUES DOWN AGAIN
May revenues dip 9.5 percent
Latest gambling numbers released by the New Jersey Division of Gaming Enforcement for the month of May 2012 show another disappointing decline for Atlantic City, down 9.5 percent to $263 million.
Hopes that the new Revel casino resort would lift revenues went unrealised; revenues at the $2.4 billion enterprise in May totalled $13.9 million, ranking it eighth out of the city’s 12 casinos, although it was an improvement on April's $13.4 million contribution.
In April, Atlantic City revenues slipped 10 percent compared with the same month last year, whilst in March, revenues were down 5 percent compared with the same period last year.
In a positive sign for the industry, the DGE released quarterly figures that showed the gross operating profit for all 12 casinos, which includes non-gambling revenue, was up 17 percent compared with the same period last year.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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