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37 members have voted
Quote: pacomartinSeptember Table Games Revenue
$77,578,729 - Atlantic City
$59,301,910 - Pennsylvania
In addition Sands PA came within 1/2% of AC Ceasars for table games. Only Ceasars and Borgata make more money in table games now.
With the AC casinos being closed for Sandy, October will certainly be the first month that PA beats NJ in table game revenue. It will probably take another year before it happens without a storm (assuming nothing stops the NJ collapse).
Certainly? Nah. The storm only cost 3 days in October, and affected the Eastern PA casinos as well. NJ will win Oct. starting with a >20% advantage and being closed for less than a week in Nov, AC might win Nov as well.
I almost went to the Sands today because I heard that gas is easy to get in PA.
Quote: DJTeddyBearI think AC will have a terrible November despite reopening so quickly, for one simple reason: the current gas crisis.
I almost went to the Sands today because I heard that gas is easy to get in PA.
Cheap and easy to get in PA. In Western NJ, too, at least in the Philly area.
Quote: DJTeddyBearI think AC will have a terrible November despite reopening so quickly, for one simple reason: the current gas crisis.
I almost went to the Sands today because I heard that gas is easy to get in PA.
The Turkey Hill Minit Market{1140 Hellertown Road Bethlehem (610) 749-9469} right as you get off I78 to go to the casino is jammed with New Jersey people who are going to the casino and getting inexpensive gasoline at the same time. There is also an Exxon in the other direction that is crowded.
About a mile beyond the casino behind the Comfort Suites is another gas station. It will be less crowded.
Hess Gasoline:201 Broadway Bethlehem PA (610) 866-0509
Quote: rdw4potusCertainly? Nah. The storm only cost 3 days in October, and affected the Eastern PA casinos as well. NJ will win Oct. starting with a >20% advantage and being closed for less than a week in Nov, AC might win Nov as well.
And I stand corrected. Table games dropped in Pennsylvania as well (as you predicted). Pennsylvania has come close, but it has never broken $60 million for TG's ($59,861,456 is the peak for one month), so AC is still holds the lead (barely).
$55,296,643 Pennsylvania October Table Games
$60,242,234 Atlantic City October Table Games
Sands Bethlehem has 30 poker tables and 122 other tables. They received permission to add 31 new tables and rearrange 800 slot machines to fit them in. As long as they don't eliminate slots (and the state government's 55% cut) the state has no problem.
Sands Bethlehem makes $985 per day on poker table and $3322 on other tables. These are the highest numbers outside of Nevada. With the 31 new tables they hope to make the most table game revenue of any casino outside of Nevada. Currently they are still behind Borgata, Ceasars AC, and Charlestown West Virginia.
There have been over 2,00 on line applications.
After in-person interviews, vetting and culling, at least 1,000 applicants will be invited to attend the free Maryland Live Dealer School, which begins Jan. 7 .
Quote: Gambit55One thing that has been left out for $1 tables is you can avoid the 25 cent hand fee by playing 6-10 dollars.
However, the $10 maximum does make for limited profit spread, but you pretty much expected that by attempting to endure a $1 BJ table!
It has always been my understanding that the $.25 ante applied for all bets from $1-$5 but not on $10 bets (however, there are no bets allowed of $6, $7, $8 or $9
Has this changed?
What was Revel thinking when they tried to make it a club first with 20 something being their main clientele? You have to get up an escalator with a death plunge to get to the gambling floor. If you want to play poker, you can't find the room where it is held.
It isn’t my dime or my 1.6 + billion dollars either. Revel will go down. Not enough of a draw to get players going there. They won’t take away the Borgata’s players. They have a stripper pole without the naked girls. What are they hoping for? The occasional drunk who wants to see scantily clad ladies who wants to gamble at the same time with loud music blaring in their ears. They have cornered this market.
I take Revel to go down first and Plaza a close second.
That is the best location in Atlantic City
and here it is on the verge of collapse.
Symbolism much?
"The Atlantic Ocean was really something those days
you should have seen the Atlantic Ocean back then.."
Quote: WizardI've never even heard of the Atlantic Club. Who is behind them?
Colony Capital. It is the old AC Hilton and lost its brand like the LVH in Vegas owned by the same people. It was the Golden Nugget that was Steve Wynn first try in AC many years ago.
They are trying to be a locals casino and were actually making progress before Sandy.
That's what you get for not reading every post.Quote: WizardI've never even heard of the Atlantic Club. Who is behind them?
Just kidding.
But seriously, as mentioned, it was the original AC Golden Nugget, and eventually became the AC Hilton.
As the Atlantic Club, the niche it's carving out is that of a local's casino. Toward that end, player's club points can be redeemed at local businesses not affiliated with the casino. More info: http://www.atlanticclubcasino.com/locals
Quote: WongBo"Atlantic City...yes it was beautiful then...what with the rackets, the whoring, the guns."
"The Atlantic Ocean was really something those days
you should have seen the Atlantic Ocean back then.."
I read somewhere the beach will be reduced from over 100 feet to less than 25 feet from the boardwalk to the Ocean ? At least I got to see the Diving Horse once !
" Dr. Archibald 'Moonlight' Graham " I have 2 childhood friends who never made it to the big league
while guys who used steroids did. It would have made their years in the minors worthwhile to just have
played in the big leagues once. Just called up at seasons end. SIGH
Field of broken dreams, small and large. !
Not everyone is a dedicated card counter who can recite Basic Strategy in their sleep and do basic arithmetic flawlessly all day and night.Quote: 1BBI get the fun part for the casual player but playing an ante game is just throwing money away. If you play 100 hands per hour you're renting the chair for a whopping $25 per hour. That money goes straight to the tray before the hand is dealt.
Impromptu players who say let's head to the casino for the day still bring in alot of money and keep the dealers at the tables.
Taking care of the bottom feeders is still part of the job that casinos do.
They are sheep, born to be sheared !
Quote: BozColony Capital. It is the old AC Hilton and lost its brand like the LVH in Vegas owned by the same people. It was the Golden Nugget that was Steve Wynn first try in AC many years ago.
Thanks. The was the one at the far sound end of the Boardwalk, right? Kind of like the Stratosphere of AC, too far far removed from the other casinos to bother walking to.
Quote: WizardThanks. The was the one at the far sound end of the Boardwalk, right? Kind of like the Stratosphere of AC, too far far removed from the other casinos to bother walking to.
It's only about a 30 minute or so walk from the AC Club to Revel at a normal to brisk pace.
We've all heard the song "Under the Boardwalk" by the Drifters. Who thinks it was written about Atlantic City?
Quote: WizardThanks. The was the one at the far sound end of the Boardwalk, right? Kind of like the Stratosphere of AC, too far far removed from the other casinos to bother walking to.
That must be the one, its 4 or 5 blocks farther south than the Tropicanna which is the other casino on the south end of the boardwalk. So no it's not worth making a special trip for. But at this point it's the best option for low rollers in AC.
Quote: WizardThanks. The was the one at the far sound end of the Boardwalk, right? Kind of like the Stratosphere of AC, too far far removed from the other casinos to bother walking to.
Being far removed was supposed to be exclusive when Steve Wynn opened in 1980. From 1983-1986 it was the top ranked of the casinos in AC.
1983 revenue
$262,811 Golden Nugget
$252,472 Resorts
$230,814 Bally's PP
$213,592 Caesars
$201,480 Harrah's Marina
$199,130 Tropicana
$156,424 Sands
$144,015 Playboy
$110,205 Claridge
When Trump sold the resort in 1987 to Bally's (who renamed it Bally's Grand) it immediately went from 1st to 5th place the first year.
It wasn't until 1991 that the "million dollars a day" barrier was broken in AC by Trump Taj Mahal. By 1991 "Bally's Grand" was now the 2nd from the bottom, (only Claridge's was lower) a sad slip in only 5 years.
It is only five minutes to Tropicana and maybe ten more to Trump Plaza
which is right next to Caesars and Ballys.
I will be in AC next tuesday and wednesday
for anyone who wants to chill out playing tiles or craps.
Golden Nugget(ex-Trump Marina) has a weekend Seafood buffet for 26.99, but the only difference from that and the reg. buffet(20.99) is Steamed crab legs and some fried shrimp.
Not worth the extra dough out of pocket, but lucky me, I get Buy 1 get 1 and 2 free buffets a week!
http://online.wsj.com/article/SB10001424127887324001104578163792702170834.html?mod=googlenews_wsj
During the two preceding gaming weeks ended November 9, 2012 ( which includes the days the casinos were closed for Hurricane Sandy and a second severe
storm which impacted New Jersey and the mid-Atlantic region on November 7 ) casino win was down approximately 63% compared to the same two weeks of 2011.
I trust that he will know how to open a new casino in town... unlike the folks at Revel. Keep it sexy and simple. Cater to the players. Hot waitresses and staff. Brand it. Have cool bars to attract the right crowd. Killer poker room. Dont overpay executives that your buddies with and then bankrupt the joint like Donald Trump... 3 x that is.
Between this and the Atlantic Club takeover by PokerStars it looks like a close race to the finish.Quote: thezoneThe answer is Trump Plaza...
Quote: 1BBHas the Trump Plaza's player's club card always been good at the Taj or is this something new? I ask because every time I walked by the Taj last weekend it was blaring from their loudspeakers.
You can use and accumulate points at both properties (I'm 100% sure comp dollars, almost positive tier points). On the other hand, your offers such as for rooms and match play are unique to each casino.
I have never played at Taj, but was able to get dinner there.
Quote: ahiromuYou can use and accumulate points at both properties (I'm 100% sure comp dollars, almost positive tier points). On the other hand, your offers such as for rooms and match play are unique to each casino.
I have never played at Taj, but was able to get dinner there.
Yeah that's correct, I should have been more specific. I stay and play at the Taj often and get room/meals/freeplay. I never play at the Plaza. So no offers from there.
I could however use my comp dollars earned at the Taj at the Plaza.
Quote: 1BBHas the Trump Plaza's player's club card always been good at the Taj or is this something new?
Always? No. But they have been linked for at least 5 years now.
On a related note, I get email offers from Golden Nugget sent to the address tied to my original Trump Taj card. I had never been to the Trump Plaza.
"The California development company that sought to buy Trump Plaza Hotel and Casino for $20 million announced Friday night that the sale has been delayed, creating even more uncertainty for Atlantic City’s poorest-performing property.
“We are disappointed to announce that our acquisition of the Trump Plaza cannot be completed as planned at this time because Trump Entertainment has been unable to obtain a release of the mortgage held by their senior secured lender,” the Meruelo Group said in a statement.
Trump’s senior lender is billionaire investor Carl Icahn, who holds the mortgage on Trump Plaza even though he lost a highly publicized bankruptcy battle in 2010 for control of the Trump casinos. The bankruptcy judge ruled in favor of corporate bondholders supported by Donald Trump." acpress
Posted: Friday, August 23, 2013 2:00 am
Eight of Atlantic City’s 12 casino hotels turned a profit in the second quarter of 2013, with Tropicana Casino and Resort and Caesars Atlantic City showing the most striking numbers. Tropicana’s operating profits rose 28 percent to $12.6 million, while Caesars was up 17 percent to $24.3 million.
Six other casinos also ended in the black for the second quarter, although at each of those properties operating profits dipped by double digits compared to a year ago. Overall, gross operating profits for all Atlantic City casinos came in at $65 million, down 45 percent compared with $117.9 million in the second quarter a year ago, according to figures released Thursday by the New Jersey Division of Gaming Enforcement. . . .
Of the gainers, Trump Plaza Hotel and Casino struggled the most, eking out a $211,000 profit compared to $13.1 million a year ago. Sister property Trump Taj Mahal Casino Resort posted a $5.6 million operating profit, down 73 percent from nearly $21 million in the second quarter of 2012. Revel Casino-Hotel, the Atlantic Club Casino Hotel, Golden Nugget Atlantic City and Resorts Casino Hotel each suffered losses in the second quarter. In Revel’s case, its nearly $41 million operating loss was the biggest for the industry. Last year, Revel had a $35.2 million loss in the second quarter. . . .
For the first half of 2013, the casinos’ gross operating profits are down more than 50 percent — coming in at $106.5 million, compared with $232.3 million in the same period a year ago. acpress
Quote: SanchoPanza
For the first half of 2013, the casinos’ gross operating profits are down more than 50 percent — coming in at $106.5 million, compared with $232.3 million in the same period a year ago. acpress
Atlantic City??? Is that place still afloat and operating? I thought it was reduced to the backdrop for old movies. Lol
Now those numbers quoted, ad bad as they are only offer a narrow look at the real decline. Those numbers of decline are compared to last years numbers, which were down from the year before, which were down from the year before, and so on. If we compare current numbers to what, 10 years ago, before neighboring states and the economy really crushed AC, the decline in numbers is staggering. Really makes you wonder how the place IS still operating.
Just coincidentally, as far as timing, there was a post on another site (blackjack) just this morning from a regular AC player who is in AC this very weekend, who claims AC was as busy this weekend as he has seen it in years. Apparently there is quite a big high end blackjack promotion taking place at Caesar's this weekend only, (72 hours), which hadn't been over publisized and I guess went off as planned. Lol. This poster claims the spillover of high end players at other properties throughout the town. Haven't confirmed any of this, but that was his report.
My vote is for Revel, followed by the Plaza to go under.