AC nosedive accelerating

[pocketpared]

http://www.state.nj.us/casinos/finan...09_revenue.pdf

[Dima2000123]

Wow. Look at the Tropicana numbers, what an unmitigated disaster. Even the numbers back up what anyone with two eyes can see for himself.

[esch]

Does Poker income fall under table games or is that a different revenue stream? It's not really a "Casino Win" like slots and blackjack.

[Dima2000123]

Yes, poker falls under table games.

[Dima2000123]

Speaking of poker, it seems to buck the general trend, at least for Borgata, Taj, and Caesars. For Trop, not so much, only a 28% decrease in revenue from year to year.

[RydenStoompala]

Not so bad for a disgusting dump of a location populated by crappy joints and rife with crime and corruption.

[Dima2000123]

[ QUOTE ]
Not so bad for a disgusting dump of a location populated by crappy joints and rife with crime and corruption.

[/ QUOTE ]
That's not really a fair description of AC, only the fancy areas measure up to this standard.

[afish]

[ QUOTE ]
Does Poker income fall under table games or is that a different revenue stream? It's not really a "Casino Win" like slots and blackjack.

[/ QUOTE ]

Yes, but you can look at the actual reports and see poker income broken out.

September 2007:

Borg -- $3.41 million
Trop -- $659,000
Taj -- $2.05 million

For comparison, September 2006:

Borg: $3.12 million
Trop: $915,000
Taj: $1.94 million

Conclusion: Poker is healthy. The Trop is not.

[Gonso]

It'll be fine. There's still a market for the upper scale places, the better places are not dropping off if you look at the YTD numbers. The smaller, older casinos aren't keeping up with what the market wants. Upscale is where it's at.

[xxrod17xx]

And its not like there arent projects in the works to make this more of a destination that people are going to want to come to.