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August Atlantic City Revenues down 4.8 percent

Wednesday September 11,2013 : TOUGH AUGUST FOR ATLANTIC CITY GAMBLING
 
Gaming revenues down 4.8 percent
 
Atlantic City land casino operators continued to battle in August 2013, reporting year-on-year revenues down 4.8 percent to $298.1 million to the New Jersey Division of Gaming Enforcement.
 
In the year to date, the casinos have seen gambling win drop from $2,165,233,990 in the same period in 2012 to $1,973,173,496 so far this year.
 
Overall gaming revenues of around $2.7 billion are predicted for FY 2013 - a far cry from the heydays of 2006, when gaming revenues of $5.2 billion were achieved.
 
And to put that into perspective, consider the Chinese offshore gambling haven of Macau, where $3 to $4 billion a month is not unusual.
 
Operators hope that unusual promos like beach horse racing, along with the launch of legalised online gambling from AC casinos on November 23rd this year, will help to turn the situation around, along with sports betting should the Garden State win its legal fight to circumvent the federal Professional and Amateur Sports Protection Act

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Gambling News :

Local Florida Poker Pros Scam Marc Klang For $500k - Previous scumbag rightfully wins over $500,000 gambling against a conglomerate of local poker pros. After using every excuse possible, said group decides they are not paying out any money. After some time they pay out $43k of 500k. Winner warns community of the groups actions to prevent similar future scams.

2017 Super High Roller Bowl Schedule - Poker Central, POKER PROductions and the Aria Resort & Casino have released details on the 2017 Super High Roller Bowl taking place 28-31 May.

Super Multitimes Progressive HD Slot - This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.

2017 Aussie Milliona Updates Events 2,3,4 - Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.

Juventus name VWin as Partner - “We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.

Luckia Group 2016 Results - The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.

Fire Rooster Slot Launches - This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.

n2-Live Updates - The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”

Betfred FY 2016 - Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.

BetConstruct has joined the National Council on Problem Gambling - BetConstruct has joined the National Council on Problem Gambling (NCPG) saying it feels a duty to support an organization that strives to keep gaming fun and safe for all.

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