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Atlantic City August 2016 Earnings
INTERNET GAMBLING REMAINS THE BRIGHT SPOT IN ATLANTIC CITYS AUGUST RESULTS
Online operations showed a 31.6 percent year-on-year improvement whilst land revenues declined 4.9 percent.
Online gambling continued to outperform land gambling in New Jersey during the month of August, delivering revenues up 31.6 percent year-on-year at $16.1 million vs. land casino win down 4.9 percent at $245.9 million.
Only two casinos - the Golden Nugget and Tropicana - posted monthly land gambing revenue gains in August. The biggest decline came at the Trump Taj Mahal, where unionised workers are on strike and the owner, Carl Icahn, has announced that the venue will close next month.
Matt Levinson, chairman of the New Jersey Casino Control Commission, noted that August in 2015 had two more weekend days than August this year.
"Everyone knows that weekends are the busiest time in Atlantic City, and August of 2015 had one more Saturday and one more Sunday than this year," he commented.
Online poker in August contributed less to overall online revenue, delivering just 13.5 percent of revenue vs. 16.2 percent in the same month back in 2015.
Online casino delivered more revenue in August 2016 than it did in August 2015 - 86.5 percent vs. 83.8 percent.
The Borgata-PartyPoker-Pala Interactive alliance led the online sector with 23.2 percent overall marketshare, followed by Golden Nugget/BetFair (21.6 percent), Caesar’s Interactive (19.4 percent), Resorts-Pokerstars (18 percent) and Tropicana (17.7 percent)
Stripping out the online poker performances, Pokerstars -Resorts continued to lead the sector with a marketshare of 39.8 percent, chased by Caesar’s WSOP - 888 on 32.2 percent and PartyPoker-Borgata on 28 percent.
Online poker revenue was up 9.6 percent compared with the same period last year.
Gambling News :
Day 2 of the MPNPT Tallinn Main Event -
Day 1b of the MPN Poker Tour 2017 Tallinn Main Event easily surpassed the tournament’s €150,000 guarantee on its own. Yesterday’s 416 entries brought the total number so far up to 522
Michael Myers is back in Halloween Slot Machine -
Get ready for a blood-curdling adventure with Microgaming’s latest offering – Halloween Follow Annie, Lynda, Doctor Loomis, and our heroine Laurie as they try to survive the ultimate horror movie villain, Michael Myers.
Joe Fortune new Rewards Program -
Once you sign up, you’re automatically enrolled in the rewards program – and that’s when the epic journey begins. You’ll start earning Adventure Miles immediately, and can embark on the quest of a lifetime: To get paid to play, which stays true to the rewards program’s slogan, ‘Play More Get More’.
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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