Delaware Brick-and-Mortar Casino Sector Advisory Board Holds State’s Fate, While Maintaining Cards Close

Delaware Brick-and-Mortar Casino Sector Advisory Board Holds State’s Fate, While Maintaining Cards Close

The Delaware casino that is land-based happens to be struck hard by increased competition from new areas in neighboring states, as the newer and shinier casinos of Pennsylvania and Maryland outperform its three struggling, and highly taxed, racinos.

Dover Downs is Delaware’s biggest and just publicly traded racino, but high domestic taxes and increased competition throughout the state line means crisis for the house plus the state’s two other racinos.

The sector, which comprises Harrington Raceway, Dover Downs, and Delaware Park, peaked in 2006, the Pennsylvania began issuing its first casino licenses, when slot revenues hit more than $650 million year. By 2016, slots and table revenues combined had plunged to $398 million.

Meanwhile, outfall from the new MGM National Harbor, which started in Maryland late final year, stands poised to be the final nail in the coffin. That property caused other casinos in Maryland and West Virginia to ramp up their own advertising drives, drawing even more customers away from Delaware’s ailing properties.

The three racinos cannot compete simply because they pay higher state taxes than their counterparts across the border, and they are begging legislators for help.

Taxed Out From the Market

This week, the Delaware’s Video Lottery Advisory Council (VLAC) met to discuss the status of Diamond State’s three casinos. The council is tasked with Continue reading “Delaware Brick-and-Mortar Casino Sector Advisory Board Holds State’s Fate, While Maintaining Cards Close”

Atlantic City Casino Income Shows Symptoms of Stabilizing, Online Gambling Thriving

Atlantic City Casino Income Shows Symptoms of Stabilizing, Online Gambling Thriving

The financial crash in Atlantic City has seemed to bottom out at the very least for the casinos, as revenues for the residual gambling resorts are 3.1 percent higher than these people were at this time year that is last.

Atlantic City casinos might have finally weathered the storm and begun to stabilize the gambling industry for the eight resorts that are remaining. After a decade of declining revenues because of America’s Great Recession and neighboring states pushing gambling legislation in response to abating tax bases, Atlantic City has did actually reach a norm that is new.

Not as much as couple of years after one-fourth of its casinos went out of company, profits for Atlantic City decreased only marginally in March. The region’s casino win totaled $187,463,591 for the 1.7 loss that is percent though when Web gambling is included Atlantic City dropped just 0.4 percent.

Traditional table video gaming had been the performer that is worst in March as casinos reported a 5.9 percent drop on supposedly higher win rates. The decline had been offset by Internet gaming, which rose an astonishing 17.8 per cent during the month.

Calm After the Storm

Though the government that is local Atlantic City is broke and presently engaged in a bitter debate with Governor Chris Christie (R) and State Senate President Stephen Sweeney (D) over who is better to manage the city’s data recovery, 2016 is off to Continue reading “Atlantic City Casino Income Shows Symptoms of Stabilizing, Online Gambling Thriving”

New Jersey Governor Chris Christie Requires Atlantic City Budget Slim Down for Municipal Workers

 New Jersey Governor Chris Christie Requires Atlantic City Budget Slim Down for Municipal Workers

New Jersey Governor Chris Christie is no longer crisscrossing the united states on the campaign that is presidential, and thus the Republican, now in his second gubernatorial term, has more time for you to refocus his efforts on issues facing his own state.

New Jersey Governor Chris Christie said enough will do on Thursday, calling on state lawmakers to assume control of the city. He made his situation designed with colorful graphs showing the reckless overspending that’s become rampant in Atlantic City.

No concern is more vital in nj-new Jersey right now than Atlantic City’s current crisis that is financial. On Thursday, Christie told his fellow legislators that it’s in the city’s best interest to permit their state to take solid control of its funds.

‘Even because of the assistance while the advice associated with Emergency Manager that we applied in 2015, Atlantic City took only modest steps to rein their costs in,’ Christie said at the statehouse this week. ‘They face a $100 million spending plan shortfall this year, $100 million spending plan deficit this year . . . They are the numbers, this is certainly the math, and these are the reality, and there’s no debate about it.’

Park Spot & Boardwalk Salaries

The governor highlighted what he believes to be gross overspending on municipal workers in Christie’s arguments. Armed with charts and graphs, he showed that Continue reading “New Jersey Governor Chris Christie Requires Atlantic City Budget Slim Down for Municipal Workers”

Violent Crime on the Rise at Star Casino because of Sydney Lock-out Laws

Violent Crime on the Rise at Star Casino because of Sydney Lock-out Laws

‘Casino’ Mike Baird, the New Southern Wales Premier, whose lockout laws are making the natives of Sydney restless.

The area around Star Casino in Sydney, Australia has become a breeding ground for violent assaults, due to its exemption that is controversial from state of New South Wales’ despised ‘liquor lockout legislation.’

Celebrity is the only venue in the central company district with authorization to admit patrons after 1.30am, and to serve booze beyond 3am. This makes it the destination that is only town for the savagely drunk who would like to get drunker, state critics, and it is causing a host of social dilemmas in the Pyrmont area of central Sydney, where the casino is located.

New figures released this week by the New South Wales Bureau of Crime Statistics (BOCSAR) appear to bear that out. BOSCAR said that non-domestic assaults that are violent increased in Pyrmont to the average of 13 per thirty days, and also at least 30 % of those assaults happen while the offender has been evicted through the casino or just after. Seventy-three percent, meanwhile, are alcohol related, while 71 percent of victims are casino patrons.

15,000-strong Demonstration

But the casino itself claims it has actually recorded a drop in the true number of assaults. Star stated incidents that are such down 19 percent, from 64 in 2014, the ban came into force, to 52 in 2015. It also argued that with 40,000 people vis Continue reading “Violent Crime on the Rise at Star Casino because of Sydney Lock-out Laws”

Poker Pro Phil Ivey Misses World number of Poker to Have His in UK Court day

Poker Pro Phil Ivey Misses World number of Poker to Have His in UK Court day

Poker legend Phil Ivey would as a rule have been ensconced in Las Vegas this week, battling it out during the World Series of Poker Main Event (WSOP). Instead, Ivey is in London, fighting his legal battle to claim £7.7 million ($10 million) in punto banco winnings from London’s tony Crockfords Casino, which he contests has been illegally withheld. The situation reached London’s Supreme Court week that is late last.

Instead of playing for the $8.15 million top prize in this season’s World Series of Poker Main Event, poker pro Phil Ivey (seen right here after winning the 2008 L.A. Poker Classic) is in London at the Supreme Court, fighting for $10 million which he states is due him from Crockford’s. (Image: WPT)

The player that is top-ranked absence from the WSOP, while notable, is no longer the huge news it as soon as might have been. In fact, since he won his last World Series bracelet in 2014, he’s only registered for three WSOP activities.

But until now, he’s never missed the Main Event.

Ivey is fighting the Crockford’s battle for five years, along with a similar situation from Atlantic City’s Borgata.

Edge-Sorting 101

Ivey and their accomplice Kelly Sun ‘won’ the contested sum in 2012 using a practice known as edge-sorting. That is a technique when a skilled player is able to spot tiny discrepancies in the patterns on the backs of playing cards. Ivey and Sun requested a particular kind of Continue reading “Poker Pro Phil Ivey Misses World number of Poker to Have His in UK Court day”

Poker News: Draymond Green on Poker After Black, Bardah Survivor Loss

Poker News: Draymond Green on Poker After Black, Bardah Survivor Loss

This week’s poker news starts us off with a poker professional who is good at surviving the poker tables but not reality programs. Poker pro Ronnie Bardah was already booted from Survivor in another effort that is disappointing poker advantages regarding the show.

Poker Pro Bardah Kicked Out On Very First Survivor Episode

Poker professional Ronnie Bardah is known for their instincts and capacity to read his opponents. However, those skills evidently didn’t convert in his first stint on a reality tv program Survivor. Bardah was booted from the show in the very first episode associated with the latest period whenever tribe made their decision.

According to Bardah, he knew the thing that was coming before it even took place after picking up informs from his opponents he was at trouble. Apparently, Bardah didn’t select those clues up quickly sufficient to accomplish such a thing about it or to change their minds before they casted their deciding votes. The 36-year-old World Series of Poker bracelet champion as well as the record owner for probably the most consecutive cashes in the WSOP main event was kicked out of his tribe on a 7-2 vote.

Bardah was the fourth poker professional to appear on the show over the years. He followed in the footsteps of Jean-Robert Ballande, Garrett Adelstein, and Anna Khait. Adelstein and Khait in particular both suffered exits that are early the show aswell.

Warriors All-Star F Continue reading “Poker News: Draymond Green on Poker After Black, Bardah Survivor Loss”

Anticipation and Excitement as Aussie Millions 2013 Just One Day Away

Anticipation and Excitement as Aussie Millions 2013 Just One Day Away

The Melbourne poker scene is abuzz in expectation of this year’s Aussie Millions Poker Championship which is set to showcase a number of the planet’s biggest talents in the poker world.

Taking destination every January during the Crown Casino in Melbourne, Australia, the Aussie Millions Poker Championship boasts the title regarding the largest, longest and most event that is prestigious the gaming calendar into the Southern Hemisphere. Estimates recommend that more than 20,000,000 hands have been dealt at the Crown’s Aussie Millions over the past 10 years.

This year marks the Aussie Millions Poker Championship’s 11th anniversary, over which time it offers grown to become ranked high in the international poker scene, second only towards the World group of Poker (WSOP).

The primary event, which will dsicover a few of the globe’s biggest names in the game, is set to attain its final stage on Saturday February 3rd, and you will be televised nationwide and internationally throughout ensuring eager fans and spectators don’t miss a minute of this exciting tournament.

The competition commences this January 17th and certainly will consist of 26 championship events, all leading to 1 event that is main by having a prize-pool expected to achieve and exceed $20,000,000. This enormous prize is sure to create some tough competition from the 4,000 plus individuals expected to participate as they each shoot for popula Continue reading “Anticipation and Excitement as Aussie Millions 2013 Just One Day Away”