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#1
11-09-2007, 04:48 PM
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Atlantic City nosedive continues..
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#2
11-09-2007, 04:53 PM
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Re: Atlantic City nosedive continues..
Like clockwork. Looking forward to your post next month.
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#3
11-09-2007, 04:57 PM
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Re: Atlantic City nosedive continues..
Personally I was hoping he'd post it in this thread:
http://forumserver.twoplustwo.com/showfl...=1#Post12862073
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#4
11-09-2007, 05:36 PM
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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?
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#5
11-09-2007, 06:34 PM
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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.
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#6
11-09-2007, 09:41 PM
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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.
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#7
11-09-2007, 10:15 PM
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Re: Atlantic City nosedive continues..
Most amazingly, all of pocketpared's posts are about AC turning into a wasteland
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#9
11-09-2007, 11:11 PM
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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.
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#10
11-09-2007, 11:33 PM
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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...
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