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Las Vegas Revenues Rising
Thursday April 11, 2013 : GOOD FEBRUARY FOR LAS VEGAS STRIP
Baccarat players help produce the best monthly revenues since end-2007
Atlantic City revenues may be waning, but in February 2013 those in Nevada definitely waxed, according to official statistics which show that GGR rose 15.1 percent to $1.073 billion.
The increase represents the biggest monthly rise since December 2007, and will undoubtedly boost confidence that the US gambling mecca is on the road back to prosperity.
Predictably, it was the Las Vegas Strip that led the comeback, its casinos reporting revenues of $696.1 million, or an increase of just over 31 percent over the comparative period last year.
Other regions in the Silver State did not fare as well, with only South and North Tahoe showing increases.
Baccarat action was the main driver in the overall positive results, with increased activity from Asian players celebrating the Lunar New Year by having a bit of a flutter. Baccarat win was up 131.35 percent to $263.9 million, and mini-baccarat jumped 108.6 percent to $11.7 million.
Overall slot machine win declined 5.2 percent to $541 million, sports book revenues soared 24 percent to $14.3 million and roulette performance was also outstanding at 22 percent up to reach $37.7 million.
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.
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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