Poll

4 votes (26.66%)
4 votes (26.66%)
7 votes (46.66%)
4 votes (26.66%)
2 votes (13.33%)
5 votes (33.33%)
1 vote (6.66%)
No votes (0%)
2 votes (13.33%)
No votes (0%)

15 members have voted

Mission146
Mission146
Joined: May 15, 2012
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February 9th, 2018 at 2:34:30 PM permalink
Greetings!

I would like to take this opportunity to highlight my Atlantic City 2017 in Review article, which focuses mainly on the Live & Online Casino Win numbers for 2017 as compared to 2016 and 2015:

https://wizardofvegas.com/articles/atlantic-city-2017-in-review/

Fair warning, it's a long one, but if you use the doohickey on the bottom right of the page, you can select from four sections and jump to those if you like:

1.) Steadying the ship.

-This section just focuses on the numbers and points out that, as a city, Atlantic City enjoyed greater casino revenues than the year before for the second year in a row. It also highlights that 2016 over 2015 was the first such event in a decade for overall revenues, whereas last year was the first such event for Live Casino Win.

Everything is expressed with a few simple charts that I put together, so those basically tell the story.

2.) Can This Last?

-That section just looks at the AC market trends to determine whether or not the numbers are sustainable. The section also discusses the fact that two new casinos are set to open in the city next year as well as how individual casinos performed back when there were more operators. There's a specific focus on before & after the Taj Mahal and before and after the four casino closings in 2014.

I would say that section is hardly required reading, unless you're really interested in the recent history.

3.) Winners, Losers and the Chopping Block:

-This section discusses casinos that, in my opinion, either outperformed or underperformed. It also discusses which casinos might be at risk, "The chopping block," after the two new places open.

If you're going to read any part of the article, I suggest this one.

4.) Conclusion

-Does what it says on the box. If you read all of Section 3, might as well read the conclusion.

-----

Anyway, I hope some of you will enjoy this detailed look into the performance of Atlantic City and its individual casinos last year and what to expect in the years to come. If you would like to vote in the poll, multiple options can be selected.

I made the serious options the bottom four this time, just to switch it up a bit.
Vultures can't be choosers.
Mosca
Mosca
Joined: Dec 14, 2009
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Mission146
February 9th, 2018 at 2:41:23 PM permalink
Thanks, Mrs and I are heading to Borgata for a 3 Day soon. We'll let you know what's going on (in mid February, anyhow).
NO KILL I
AZDuffman
AZDuffman
Joined: Nov 2, 2009
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February 9th, 2018 at 5:27:17 PM permalink
I still look at AC and see no backbone. What is the draw, the hook, to get people there? They can say it is a "getaway" for people living in PA that cannot be gotten hitting a locals place at home. That is not a huge market. The city is still as isolated as it ever was. Really, they have to package the places as a "getaway" since it is a most-of-the-day thing for players to get there. Locals are broke, the city is still a slum, so it has to be for tourists.

20 years ago I had many a meeting in AC. Casinos were a draw as there was very little casino action outside there. The rest of the places did not stand out. Bally's did not even have clocks in the hotel rooms!

I see it as uphill, forever.
Tolerance is the virtue of believing in nothing
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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Mission146
February 9th, 2018 at 7:47:03 PM permalink
The only advantage Atlantic City has is it's already there.
They tried to kill us, Jimmy. They did. They're dirty f**king cops! *photo is not of an AP, just a morbidly obese hill billy. Jar Jar Binks was supposed to be the Sith Lord . Nathan is going to run and own this place
WatchMeWin
WatchMeWin
Joined: May 20, 2011
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Mission146
February 9th, 2018 at 9:00:27 PM permalink
The only thing that is going to save AC or make it a more attractive destination.... is sports betting and making it a 'destination'. They need to ramp up their convention location and make it an attractive place for businesses to hold meetings, etc. It needs to be marketed as a place to 'let go' and have fun. There are too many casinos in every state now... who the fu# needs to go to AC when they have what they need right in their backyards... gambling!

I remember my host in AC years ago (just before PA got gaming) said that no one wants to go to local casinos, they want to go to AC for the entertainment and beach. She said that AC would still do great. I told her that she was a great woman.... but soooooo naive.

AC currently has a tag line 'Do AC' . How frickin lame is that? Whatever marketing firm was hired (probably by Chris Christy and Co with kickbacks) should be thrown in the polluted AC ocean. I would tag it similar to Vegas but with a twist... 'What happens in AC, Never happened in AC'. Print it!
'Winners hit n run... Losers stick around'
AZDuffman
AZDuffman
Joined: Nov 2, 2009
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February 10th, 2018 at 4:52:58 AM permalink
Quote: WatchMeWin

The only thing that is going to save AC or make it a more attractive destination.... is sports betting and making it a 'destination'. They need to ramp up their convention location and make it an attractive place for businesses to hold meetings, etc. It needs to be marketed as a place to 'let go' and have fun. There are too many casinos in every state now... who the fu# needs to go to AC when they have what they need right in their backyards... gambling!



I agree here except that sports betting will not make a difference. You can still find it online. Also, assuming the Supremes KO the ban, word is that PA has a bill "on the table" ready to go as soon as NJ would legalize the practice. For those who are not RROO geeks, a motion "on the table" is a trick where you stop debate but either side can put the debate right back on, thus way you do not need to start from scratch. Don't ask me more details and how it can sit over a new session, just going off a street rumor. That being said, PA modeled its gaming rules on nearby states, so I at least partly believe it.

AC does have the advantage for conventions, though that is fading. Lots of huge hotels real close together and importantly walkable. When a business has say 1,500 or more people it needs to bring, the number of places that can handle this load is very small. Just a few destinations. AC needs better airport access for this, though, as you have to quickly move those people.
Tolerance is the virtue of believing in nothing
Mission146
Mission146
Joined: May 15, 2012
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February 10th, 2018 at 6:02:57 AM permalink
Quote: AZDuffman

I still look at AC and see no backbone. What is the draw, the hook, to get people there? They can say it is a "getaway" for people living in PA that cannot be gotten hitting a locals place at home. That is not a huge market. The city is still as isolated as it ever was. Really, they have to package the places as a "getaway" since it is a most-of-the-day thing for players to get there. Locals are broke, the city is still a slum, so it has to be for tourists.

20 years ago I had many a meeting in AC. Casinos were a draw as there was very little casino action outside there. The rest of the places did not stand out. Bally's did not even have clocks in the hotel rooms!

I see it as uphill, forever.



I pretty much agree with everything that you said, here. They lost their draw which was really:

Ocean + Casinos

For people who want the ocean, they want a nice beach and there are other places with a casino at least within striking distance of the ocean if that is honestly a serious priority.

That said, I don't see any reason why AC should decline now that it seems to have leveled out a little bit. I also think Hard Rock will bring some business, but not too much new business.
Vultures can't be choosers.
Mission146
Mission146
Joined: May 15, 2012
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February 10th, 2018 at 6:07:16 AM permalink
Quote: WatchMeWin

The only thing that is going to save AC or make it a more attractive destination.... is sports betting and making it a 'destination'. They need to ramp up their convention location and make it an attractive place for businesses to hold meetings, etc. It needs to be marketed as a place to 'let go' and have fun. There are too many casinos in every state now... who the fu# needs to go to AC when they have what they need right in their backyards... gambling!



I think it's going to be tough to do that. My understanding is that it's considered dirty and a second-rate Boardwalk. The city itself isn't a place in which most people are going to feel comfortable walking around. It's really not for anyone unless you're going casino-Boardwalk-beach.
Vultures can't be choosers.
AZDuffman
AZDuffman
Joined: Nov 2, 2009
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Mission146
February 10th, 2018 at 6:31:36 AM permalink
Quote: Mission146


For people who want the ocean, they want a nice beach and there are other places with a casino at least within striking distance of the ocean if that is honestly a serious priority.

That said, I don't see any reason why AC should decline now that it seems to have leveled out a little bit. I also think Hard Rock will bring some business, but not too much new business.



I don't even think "the beach" is a real draw. Families go to the beach, families do not stay at casino hotels. If they are on a budget they will go to Brigantine, or another seaside place more family friendly. I have not really seen the boardwalk beyond just outside the Showboat or Bally's since I was a little kid, 1977. Is it family friendly at all anymore?

Families that can afford AC will not be "beach people" but want a more DIsneylike experience.

Few businesspeople on conventions will care about the beach. We didn't, of course the high then was about 5F. In summer we still would not. It is not a great beach!
Tolerance is the virtue of believing in nothing
WatchMeWin
WatchMeWin
Joined: May 20, 2011
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Mission146
February 10th, 2018 at 6:44:59 AM permalink
Quote: AZDuffman

I don't even think "the beach" is a real draw. Families go to the beach, families do not stay at casino hotels. If they are on a budget they will go to Brigantine, or another seaside place more family friendly. I have not really seen the boardwalk beyond just outside the Showboat or Bally's since I was a little kid, 1977. Is it family friendly at all anymore?

Families that can afford AC will not be "beach people" but want a more DIsneylike experience.

Few businesspeople on conventions will care about the beach. We didn't, of course the high then was about 5F. In summer we still would not. It is not a great beach!



Agree with bot of u.

The world is becoming one big Casino!
'Winners hit n run... Losers stick around'

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