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December 2015 Atlantic City Revenue

Thursday January 14,2016 :  DECEMBER NUMBERS FOR ATLANTIC CITY GAMBLING RELEASED (Update)
 
Marginal year-on-year improvement in last month of 2015.
 
The New Jersey Division of Gaming Enforcement released the Atlantic City gambling statistics for December 2015 on Wednesday, noting that total gaming win from the Casino Hotels was $191.7 million compared to $190.5 million December 2014, a minimal rise of just 0.6 percent.
 
For the month, land casino win was $177.6 million, and Internet gaming win was $14 million, a record high and well up by 30.8 percent on the same period a year ago when the Internet win figure was $10.7 million.
 
Online poker contributed 14.1 percent of total Internet revenue (December 2014 - 19.2 percent) whilst online casino gaming delivered 85.9 percent (December 2014 - 80.8 percent).
 
Drilling down into the Internet numbers, it appears that online poker improved slightly on a monthly basis with revenues in December of $1.984 million vs. November 2015's $1.913 million...a welcome rise of 3.5 percent. Online casino games improved by 6.7 percent at $12.06 million.
 
However, on a year-on-year comparison basis online poker is down 3.8 percent, significantly underperforming online casino ganing which showed a 39.2 percent improvement over the same period.
 
The Party Poker-Borgata-Pala alliance continued to lead in the online sector with a 28.2 percent market share, followed by 888-Caesar’s Interactive on 22.1 percent and the Tropicana on 20.4 percent.
 
Golden Nugget-BetFair also claimed a 20.4 percent share, whilst Resorts-NYX (which still awaits the arrival of Pokerstars) remained flat at 9.2 percent.
 
Comparing Atlantic City online gambling performance in 2014 with 2015, it appears that 2015 showed a 22 percent improvement at a total of almost $150 million (2014 FY- $122.9 million) with online casino gaming the main contributor with a 34.3 percent increase.
 
Online poker over the year, on the other hand, showed a marked 17.9 percent decline at $23.85 million.
 
The publication NJ.com reports that the Atlantic City land casino industry declined by 6.5 percent in 2015, and the $2.6 billion figure for the year was not only the ninth consecutive year of decline, but is just half of what the industry took in at the industry’s peak in 2006.

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Gambling News :

HeyPoker Closing - The operator is licensed by the UK Gambling Commission and the Malta Gaming Authority, with the registering company listed as Evoke Gaming Ltd.

Can Jack Lam Make Things Right in Philippines - Lam will no doubt seriously consider the offer, having lost access to his Philippines businesses and with charges of attempted bribery and "economic sabotage" and an arrest warrant hanging over his head .

PPA Wants pre-emptive strike against RAWA - It's not just civic associations that are warning against the introduction of a federal ban on online gambling in a denial of states' rights . The Poker Players Alliance action group has begun mustering its over a million US members in a campaign as well.

UK Wants Fixed Odds Betting Terminals Changes - The group, titled FOBT All-Party Parliamentary Group plans to release its full report early in the new year, but for now has claimed that changes to FOBT regulations could help in reducing "associated crime" and problem gambling.

Sportech Wins 8 Year Old VAT case - An eight-year long, GBP 97 million VAT repayment claim dispute between Sportech PLC and HM Revenue and Customs (HMRC) has come to an end with the Supreme Court refusing HMRC permission to appeal a previous Court of Appeal ruling.

2017 MPN Poker Tour - Main Event packages, worth 1,500, are available online and players can qualify via any of the MPN participating card rooms through a variety of satellites, with buy-ins starting as low as 0.25. Each 1,500 package includes:

Realistic Games in deal with Kindred Group - The UK-based online gambling games developer Realistic Games has signed a deal to supply its games to online operator Kindred Group, parent company of quality brands that include Unibet, Stan James and Maria Casino.

Opposition to Anti Online Gambling Bill in Congress Lame Duck Session - Action groups appeal to House Appropriations Subcommittee to ensure that RAWA style language is not attached to unrelated spending bill.

DFS banning bill Introduced in Illinois - The legislative season in Illinois may be drawing to a close, but that hasn't stopped a new bid to ban daily fantasy sports from being assigned to the House Executive Committee; whether there is sufficient time to pass the bill is a matter for speculation.

Cambodia To More Closely Control Online Gambling - Cambodia, where online #gambling is operated by licensed land casinos alone, and Cambodian punters are banned from participating, is to tighten monitoring, control and management of the activity by setting up a centralized server, a Ministry of the Economy official revealed this week in a media interview.

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