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Gambling revenues shoot up in Atlantic City this summer

Niji Narayan

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Gambling revenues shoot up in Atlantic City this summer
Photo Source: drifttravel.com
Reading Time: 1 minute

 

Casino Association of New Jersey has released the gaming revenue report of Atlantic City for the summer of 2018 and it establishes that it is the best summer for quite some time in terms of the number of visitors, the number of jobs created, and the amount of gaming revenue.

Kevin Ortzman, the president of the Casino Association of New Jersey and regional president for Caesars Entertainment Corp.’s Atlantic City properties, says it was “the best summer in recent years for Atlantic City” as the number of visitors to the resort increased by more than 260k, the casino industry employed nearly 6,700 more people and gaming revenue was up by US$54.8 million.

“Casinos saw significant gains this summer in employees, visitors and gaming revenue. This growth demonstrates that the casino industry’s investment in Atlantic City’s transformation into a first-class resort and business conference destination is working,” Mr Ortzman said.

Over the summer, the two recently opened Hard Rock Hotel & Casino and Ocean Resort Casino added nearly 8k new jobs and close to 4k available hotel rooms. Furthermore, they created more than US$105 million in gaming and non-gaming revenue in two months.

Joseph Kelly, president of the Greater Atlantic City Chamber further stated: “The casino industry is and always has been an economic engine for the city, state and region. This economic growth will continue as the casino industry strengthens its commitment to the community through new job training initiatives and employment opportunities.”

 

Source: Focus Gaming News

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Gambling in the USA

Foxwoods Resort Casino Reports 12% Decline in April Slot Revenue

Niji Narayan

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Foxwoods Resort Casino Reports 12% Decline in April Slot Revenue
Photo Source: jcj.com
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Foxwoods Resort Casino has reported slot revenue of $36.2 million for April 2019. This figure is down 12.1% compared to $41.2 million in April 2018.

Foxwoods kicked April off with the property’s new designated ambassador David Ortiz and the home-run gaming promotion Big Papi’s Favourite Things. From 12 April through 30 May, guests simply play their favourite casino games using their Foxwoods Rewards card to participate. For every two points earned, players receive one entry into the drawing for a chance to win prizes ranging from $500 in bonus slot play to the grand prize trip for two to the Dominican Republic to attend Big Papi’s Charity Golf Tournament.

April also brought excitement to the Grand and Fox Theatre stages, including the return of the Foxwoods Broadway Series as it celebrated the 10th anniversary tour of Rock of Ages.

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Gambling in the USA

Philadelphia State Regulators Impose Fine on SugarHouse Casino

Niji Narayan

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Philadelphia State Regulators Impose Fine on SugarHouse Casino
Photo Source: standard.co.uk
Reading Time: 1 minute

 

The Philadelphia state regulators have imposed a fine of $17,500 on SugarHouse casino for serving 17 free drinks to a gambler over an eight-hour period.

According to the officials, the patron was playing Pai Gow, a table game with Chinese tiles similar to blackjack, and he was visibly intoxicated while gambling.

As per the casino’s consent agreement with the Pennsylvania Gaming Control Board, it wasn’t until the gambler couldn’t hold up his head anymore that a supervisor stopped him from getting more drinks and summoned security.

An altercation occurred as the patron was evicted from the casino, and he was arrested for public drunkenness. SugarHouse agreed to retrain and discipline the beverage servers in addition to the fine.

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Gambling in the USA

Legislators from Gaming States to Examine Sports Betting at NCLGS Summer Meeting, July 12-14 in Minneapolis

George Miller

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Legislators from Gaming States to Examine Sports Betting at NCLGS Summer Meeting, July 12-14 in Minneapolis
Reading Time: 2 minutes

 

When the Summer Meeting of the National Council of Legislators from Gaming States begins, there will be a full year of results from two states and many months’ of results from at least four other states in the post-PASPA world of legal sports betting. The results and lessons from these early adopters will be the focus of the Committee on Emerging Forms of Gaming when NCLGS holds its Summer Meeting, July 12-14 at the Radisson Blu Downtown.

The Committee, chaired by Indiana Senator Jon Ford, will hear from the following experts:

  • Kevin Braig, Partner, Shumaker, Loop & Kendrick LLP
  • Steve Geller, NCLGS Legal Advisor and Principal, Geller Law Firm
  • Nicole Metzgar-Schall, Corporate Counsel, Sportradar
  • Dan Spillane, Senior Vice President, League Governance & Policy, National Basketball Association

Aspects of sports betting will be also be central to other NCLGS Summer Meeting committee sessions and panels, including the Committee on Responsible Gaming, the Committee on Lotteries, the Committee on State-Federal Relations, and an International Masters of Gaming Law Masterclass.

“Being from Indiana, a state that has just passed sports betting, our focus is on making sure that the state benefits in the best way possible for our constituents. It is our job to get this right,” said Senator Ford, who is also a NCLGS officer. “We can learn from where other states have gotten it right and when they might have stumbled. We can get ahead of the curb thanks to those who came before us and gave us the blueprint.”

The three-day NCLGS Summer Meeting agenda includes:

  • Six legislative committee sessions: Casinos, Emerging Forms of Gaming, Indian Gaming, Lotteries, Responsible Gaming, and State-Federal Relations
  • Keynote Luncheon Address: “The Next Five Years of Gaming,” by Timothy Wilmott, CEO, Penn National Gaming, and Chairman, American Gaming Association
  • Two IMGL Masterclass panels conducted by the International Masters of Gaming Law focusing on state lottery technology and the multiple crossover regulatory and legal issues
  • Special general session panel examining gaming’s evolution toward entertainment
  • Thursday evening cocktail reception
  • Friday evening welcome reception
  • Saturday afternoon tour of Sportradar offices

To view the agenda, register, and book rooms at the host hotel at special attendee rates, visit http://www.nclgs.org/meetings.html.

 

Source: National Council of Legislators from Gaming States

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