Atlantic City nosedive continues..
 

Re: Atlantic City nosedive continues..
 

Like clockwork.

Looking forward to your post next month.

Re: Atlantic City nosedive continues..
 

Personally I was hoping he'd post it in this thread:
http://forumserver.twoplustwo.com/showfl...=1#Post12862073

Re: Atlantic City nosedive continues..
 

Maybe I'm not reading closely enough, but what you posted seems to show:
- Overall revenues are almost identical to last year once data from the Sands is taken out.
- Borgata's revenue continues to grow; isn't think the sort of casino we are interest in when speculating on the the future development of AC?

Re: Atlantic City nosedive continues..
 

"For the first 10 months of the year, casinos won $4.2 billion, down 5.0 percent from the $4 billion won in the same period last year."

I'm not a math major, but the press release is wrong. It is a 5% increase from last year.

Re: Atlantic City nosedive continues..
 

[ QUOTE ]
"For the first 10 months of the year, casinos won $4.2 billion, down 5.0 percent from the $4 billion won in the same period last year."

I'm not a math major, but the press release is wrong. It is a 5% increase from last year.

[/ QUOTE ]

For real - someone at the NJCCC should proofread and copyedit their press releases before sending them out to the general public.

Re: Atlantic City nosedive continues..
 

Most amazingly, all of pocketpared's posts are about AC turning into a wasteland

Re: Atlantic City nosedive continues..
 

Interestingly, according to this report, slot revenue is down 12% from same period last year, but table revenue is up 7%.

Re: Atlantic City nosedive continues..
 

[ QUOTE ]
Interestingly, according to this report, slot revenue is down 12% from same period last year, but table revenue is up 7%.

[/ QUOTE ]

Table revenue is up 7% becuase the took all the $5 tables out back and burned them.

Casinos fail to understand that you make more off $5 that are full then $10 tables with a dealer standing there with no players. A good example is watch how many players leave when the pit boss increases a craps table from $5 to $10.

Re: Atlantic City nosedive continues..
 

[ QUOTE ]
[ QUOTE ]
Interestingly, according to this report, slot revenue is down 12% from same period last year, but table revenue is up 7%.

[/ QUOTE ]

Table revenue is up 7% becuase the took all the $5 tables out back and burned them.

Casinos fail to understand that you make more off $5 that are full then $10 tables with a dealer standing there with no players. A good example is watch how many players leave when the pit boss increases a craps table from $5 to $10.

[/ QUOTE ]

I don't understand...