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Atlantic City August 2010 Revenues down 11.3 percent
Competition from Pennsylvania hammers New Jersey’s gambling mecca
August has been another dreadful month for Atlantic City land casinos, with official figures showing a decline in revenues of 11.3 percent – mainly due to competition from the newly opened table games in neighbouring Pennsylvania.
According to Associated Press reports, the shore resort's 11 casinos took in $347.5 million in August, down from $391.7 million in August 2009.
Slots generated $245.1 million, down 11.3 percent, and table games accounted for $102.4 million, down 11.4 percent from a year ago.
For the first eight months of the year, the casinos won $2.5 billion, down 8.4 percent from the same period in 2009.
New Jersey governor Chris Christie has proposed ending state subsidies for horse tracks and opposes letting them install slot machines as tracks in other states have done, and has some radical ideas on state intervention.
The struggling casinos back the governor, vehemently opposing racetrack slots and arguing they can't absorb an even further revenue loss.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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