September Atlantic City Results- Down 12.9%

http://www.nj.gov/oag/ge/docs/Financials/PressRel2013/September2013pressrelease.pdf

Another bad month for AC with Revel showing a 18% DECREASE from last year in slot revenue. Looks like the promo didnt work and they are continuing to get what they deserve. The AC Club beat them in slot revenue and Resorts almost did. Not sure how much longer Trump Plaza can keep the doors open. Someone at CZR has to be looking at how bad Caesars AC is doing.

Quote: Boz

http://www.nj.gov/oag/ge/docs/Financials/PressRel2013/September2013pressrelease.pdf

Another bad month for AC with Revel showing a 18% DECREASE from last year in slot revenue. Looks like the promo didnt work and they are continuing to get what they deserve. The AC Club beat them in slot revenue and Resorts almost did. Not sure how much longer Trump Plaza can keep the doors open. Someone at CZR has to be looking at how bad Caesars AC is doing.

Looks like net profit to me, not revenue. The promotion is supposed to make the next six months less profitable to make the first month better.

http://www.nj.gov/oag/ge/docs/Financials/MGR2013/201309revenue.pdf

Linked is the other report which breaks down each casino by Table Game and Slot Denomination. Most interesting here is that Revel is below many other casinos in Promotional Gaming Credits Wagered for the month with 2.9M. This tells me a lot of people didnt come back each week for their "Cant Lose" slot dollars. The bigger question is why are they not returning and why Revel cannot get players when they explained to everyone that "Gamblers Wanted".

Quote: randomperson

Looks like net profit to me, not revenue. The promotion is supposed to make the next six months less profitable to make the first month better.

It's "Win," which is basically net revenue from gaming operations. Aside from losses to players, there are no costs deducted so it's not net profit.