Atlantic City Casinos Up 27% To $224.7m In November

Atlantic City Casinos Up 27% To $224.7m In NovemberThe New Jersey Casino Control Commission has released its gambling results for November revealing a 27.2% increase in casino revenue to $224.7 million compared to $176.6 million for the same month a year ago.
Despite the impressive growth, the figure is actually in large part due to last November’s gambling revenue being severely affected after Superstorm Sandy forced AC casinos to shut their doors for up to nine days. Similarly, Atlantic City casinos also showed a 13% improvement back in August 2012, a year after destructive tropical cyclone Hurricane Irene again forced casinos to shut shop.
Nevertheless, November’s results are still somewhat of a milestone as combined with October’s increase of 3.6%, it marks the first time Atlantic City’s beleaguered casino market has reported back-to-back monthly increases since 2006, when the gambling resort reached its peak revenue. In addition, November’s 27.2% increase is the second-biggest growth rate in Atlantic City’s 35 year gambling history, the largest of which was 30.1% in February 2004.
Breaking Atlantic City’s November figures down further, slot machine revenues were up 30.3% to $164.4 million, while table games were up 19.5% to $60.3 million for the month.
Furthermore, the only casino reporting a decline in growth was the Trump Plaza Hotel and Casino, down 2.6% to $4.8 million. On the other side of the coin, Revel Casino Hotel reported the biggest percentage gain, up 133% to $14.5 million, compared to the $6.2 million for the same month last year.
Also posting increases in growth was The Atlantic Club Casino Hotel, up 44.7%; The Tropicana Casino and Resort up 44.5% to $18.4 million; Resorts Casino Hotel up 43.8% to $10.3 million; Caesars Atlantic City up 29% to $24.4 million; Harrah’s Resort Atlantic City up 27.4% to $30.1 million; Bally’s Atlantic City up 20.1% to $18.2 million; The Showboat Casino Hotel up 19.2% to $13.7 million; the Borgata Hotel Casino & Spa up 18.9% to $50.8 million; the Golden Nugget Atlantic City up 10.4% to $9.9 million; and the Trump Taj Mahal up 8.6% to $18.3 million.
For the first 11 months of 2013, Atlantic City casinos have now generated $2.7 billion in revenue, a decrease of 6.1% from the same period in 2012.

Poker News
Spanish Online Poker Revenue Jumps 27% in Q1
03 Jun 2018
In January, Spain and France started pooling their online poker players in an attempt to revive an industry decimated by the ring-fenced policies adopted by their respective governments. If they were ever in any doubt as to the validity of their move, the results for the first three months of 2018 will certainly have allayed
Japan Introduces Responsible Gambling Bill
28 May 2018
Japan’s bicameral legislature, known as The National Diet, consists of an upper House of Councillors and a lower House of Representatives, with the latter having started discussing the Integrated Resorts Implementation Bill last week. Being debated is the regulatory framework required in order to set up an efficient and well functioning casino market in the
Ohio Casino Revenue Up 1% to $71.8m in April
17 May 2018
The Ohio Casino Control Commission has released its gambling results for April, with the state’s four casinos collecting $71.8 million last month, up by almost 1% compared to the prior year. Meanwhile, the Buckeye State’s seven racinos fared considerably better, with their revenue rising by 8% to $89.7 million from their slots and video gaming
NJ Generates Record iGaming Revenues in February
15 May 2018
In April, New Jersey’s online gambling market saw its revenue rise by 10.6% to $23 million versus the same month in 2017, with the amount posted second only to the record $25.6 million collected in March 2018. As a result, the Garden State has now generated $92.5 million over the first four months of this