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.