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November Atlantic City Earnings Down Again
Saturday December 13,2014 : NEW JERSEY GAMBLING NUMBERS DOWN AGAIN
Little to celebrate in November numbers.
The New Jersey Division of Gaming Enforcement released the state's gambling statistics for November 2014 Friday, presenting a set of figures that show another sizeable decline in year-on-year revenue.
Total gaming win from the Atlantic City casino resorts - including discontinued operators - came in at $202.5 million in November 2014 compared to $225.7 million November 2013, reflecting a 10.3 percent decrease.
Splitting the statistics between land and online revenues, land casino win was $193.8 million, whilst Internet win was $8.7 million.
The latter figure brings year-to-date internet revenues to $120.4 million, made up of online poker at 24.1 percent (at $1.87 million down 5 percent sequentially), and online casino at 75.9 percent with revenue of $6.86 million - down 8.8 percent on the preceding month.
The PartyPoker - Borgata alliance continues to dominate the internet vertical in New Jersey, holding a 38.5 percent market share with internet revenues for November of $3.36 million. In the year to date the alliance has reported $40.69 million in internet revenues.
The Tropicana took second place in the internet sector, claiming a 25.5 percent share of the market on $2.22 million during November, with Golden Nugget and Betfair following with 17.2 percent and 6.2 percent of the market respectively, and Caesars Interactive struggling lower down and reporting total internet revenues for November of $1.10 million.
The regulator reported that new player signups in November reached 27,099, a welcome 5.7 percent rise over the preceding month. That brings total New Jersey online gambling sign ups since legalisation in November 2013 to 506,172 accounts.
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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