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Nevada Casino Revenues up 7.6 percent in march 2014

Baccarat the saviour after a two month decline.
The Nevada Gaming Control Board released its March numbers for the gambling industry Tuesday, reporting that baccarat action helped the industry to overcome a two consecutive months-long decline to rebound to a 7.6 percent increase in revenues.
Gaming revenue state-wide increased 7.6 percent to $982.2 million during the month, with gaming revenue up 10.9 percent to $560.7 million on The Strip.
The figures followed state-wide gaming revenue declines of 13.7 percent in February and 2.7 percent in January.
Year-over-year baccarat revenue increased 39.9 percent in March to $101.8 million on wagers of $703 million; blackjack revenue jumped 6.1 percent; craps revenue grew 36 percent; and slot machine revenue was up 3.8 percent.
Slots continued to perform well; Control Board Senior Research Analyst Michael Lawton said slot machine wagering figures on the Strip have increased for three consecutive months, suggesting that visitors are spending more on gaming.
Casinos held 14.47 percent of all wagers, as opposed to 10.25 percent last year.
The control board said the state’s three Internet poker websites collected $926,000 in gaming revenue, an increase of 12.2 percent over February’s results. For the first 11 months that Internet poker has been legal in the state, total revenue has been $9.4 million.
Gaming taxes collected on the March revenue figure reached $84.1 million, a 7.39 percent increase over the same month a year ago. But for the first 10 months of the fiscal year, gaming tax collections are up less than 1 percent.

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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