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Atlantic City Revenues Decline 4.4 Percent in October 2014

Friday November 14,2014 : ATLANTIC CITY DECLINE CONTINUES IN OCTOBER
 
Year-on-year overall decline of 4.4 percent reported by the regulator.
 
October was another bad month for Atlantic City land casinos, with revenues down 4.4 percent compared with the same period last year, the New Jersey Division of Gaming Enforcement reported Thursday.
 
Total gaming win was $207.2 million compared to $216.9 million in October 2013, with land casino win at $197.7 million and Internet gaming win at $9.5 million...down 7.5 percent on September 2014.
 
On a year-to-date basis, internet gaming broke through the $100 million level, with online poker contributing 24.3 percent of revenues and online casino operations 75.7 percent.
 
Online poker performance in October 2014 was down 5.7 percent at $1.97 million vs. September 2014, whilst online casino revenues declined by 7.8 percent to $7.52 million.
 
The Borgata and Party Poker partnership retained leadership in the state's online gambling sector with a 34.2 percent market share, followed by Caesar’s Interactive in second place with 25.9 percent, the Tropicana (20.3 percent) and Golden Nugget and Betfair with 10.6 percent and 9 percent respectively.
 
The overall online vertical reported 22,571 new account signups, a 4.6 percent increase on September 2014 that brought total signups since the launch of legal intrastate online gambling in New Jersey to 479,073. The regulator points out that the average number of accounts held by an individual player can reach 6 per player, making the actual number of registered players around the 80,000 mark.



Gambling News :

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

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