In Atlantic City the World Poker Tour Season Three has just started. One of the most famous casino – Borgata casino games – will entertain more or less 302 gamblers who want to challenge themselves. This year pool is higher than the previous year by over $1,845,000. The general prize reached $1,117,400. What is more, the winner will be able to take part in WPT Championship at Bellagio in April 2005. Read the rest of this entry »
The Jackpot Factory’s Wild Jack Poker has already created a new satellite tournament, which will finish with the final table on March 31. The person who will win the tournament will be taken to Atlantic city to the famous and fashionable Borgata online Casino & Spa. The tournament begins on Wednesday, March 1 and will last until the end of the month on Monday, Wednesday and Friday. best online casino “Wild Jack made a conscious decision to make the final table open only to feeder satellite winners (online casino blog). Read the rest of this entry »
All 12 Atlantic City’s casinos were closed on Wednesday. That situation caused the decrease in the shares of the most famous companies connected with the gambling industry. This branch of the industry is one of the most meaningful in the USA. The casinos were closed because of the Gov. Jon Corzine’s statement. He banned the activity of the government on these areas which are less important. That’s because the government cannot resolve the budget problems. The state authorities have power over the casinos. Read the rest of this entry »
It turned out that one of the members of the group which has been working on the MGM MIRAGE Atlantic City Project, decidet to quit. Mark Juliano said that the cooperation with the casino was a very good experience and that he is satisfied with the work in the company. Juliano emphasised that he enjoyed working on the project to the point it is now. He added: ”However, given the time frame of opening, I decided to pursue more immediate opportunities”. Mr Juliano has been working on the project for more or less 2,5 years. Read the rest of this entry »
Alliance Gaming Corp. is going to implement a new SDS slot management system from Bally Gaming and System at Showboat Atlantic City. The system which is currently being used is slowely being replaced by the new one. SDS is going to be implemented on more or less 3,500 slot machines at the Showboat. This process is meant to be finished in the first quarter of the year. The installation will include only 10 out of 12 Atlantic city casinos. Read the rest of this entry »
According to the predictions, Atlantic City’s casinos were supposed to note a significant decrease in the revenues. The news was very shocking, especially because it would be the first decline in 20 years. Until now the revenues of the city’s casinos were constantly rising. Fortunately, the predictions turned out to be wrong. The casinos got more or less $4.3 billion from their punters. This is 1% ($2.2 million) more than the previous year (2000). These results have proven that casinos influence positively local economy. Read the rest of this entry »
After the first quarter of the year the achievements of the Atlantic City casinos seems to be unbelievably favourable. On Friday e could get to know about the exact numbers and figures. There were 12 casinos taken into consideration. The report says that they managed to increase the gross operating profit by 25.7% and the margin by 4.4%. Raymont Cheesman, gaming analyst of Jefferies & Co said: ”The proof is in the pudding. Atlantic City must be getting better and must be giving visitors a better experience. Very impressive.” Read the rest of this entry »
There was a new bill, called “comp tax” introduced in Senat and Assembly. The bill was meant to implement a special tax on comps such as free hotel rooms or meals for the best gamblers of casinos. It is very unlikely that the bill could be introduced. That news is very favourable for casinos executives. Atlantic City casinos use comps so as to attract many customers, especially high rollers. The bill would implement a 6% sales tax on these comps. Read the rest of this entry »