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Online Casino Project >>> Betting News >>> July 2007

Casino News Article of the Month: Casino Nordica to Close Their Doors at Start of July

It should come as no surprise that Atlantic City is on a losing run (as one might say in the gambling world). And while there were signs the last couple of years that Atlantic City may be on a downward decline (Trump Casinos being the most telling sign of all), not even the most savvy casino gaming analysts could have predicted that every month of 2007 would be the brunt of a continual decline of gambling revenue in Atlantic City. And so it is that the casino Mecca of the Eastern United States has incurred a decline in revenue for the first time in almost thirty years. Why now you ask? Is it just coincidence that every month in 2007 has progressively lagged in performance? Have gamblers finally gotten too smart for the casinos? Well, as grand as the latter would be, we all know the Casinos Edge will always have its say over players. Considering the successful track record of Atlantic City, it would seem that 2007 should be another successful year of profitable business for New Jersey casinos. Upon further examination of the scene, however, there are definite occurrences that have been contributing to Atlantic City's predicament. The most obvious of these was the exiting of Sands Casino. However, the fact that Sands felt pressured to close their doors in the first place was indicative of a decline that had already been set in motion. The majority of analysts will agree the big killer for A.C. has been the expansion of the casino gambling industry in nearby Pennsylvania. Two of the globe's largest casinos already enjoy an excellent stream of business, with even more casinos scheduled to go up in the near future. Atlantic City has a handful of casinos of their own going up as well, although it remains to be seen whether this will be enough to pull the gaming giant out from its slump.

Read Our July, 2007 News Articles Below:

-WMS Gaming's Online Slot Machine Course Gets Accreditation
-South Africa is One Step Closer to Regulating Online Casinos
-Kewadin Shores Casino Likely to Open With Court's Injunction
-World Poker Congress to Bring Together Online and Offline Sectors
-State of Florida Loses out on $400 Million in Casino Revenues
-More Support for U.S. Legislation to Regulate Online Casinos
-Casino-less Trump Tower Gets Knighted With the Don's Legacy
-Tribeca Online Poker Network Puts Playtech on the Poker Map
-Live Casino Gaming System, Roulabette, Could Replace Lotteries
-First Quarter Online Earnings Statement Released by Neteller
-MGM Mirage to Upgrade NEC Telephony Systems at two Casinos
-Playtech Releases Four New Online Casino Games to Players
-GameTech Appoints New Sales Exec to Drive Bingo Sales
-Gala Coral Signs Game Account to Develop Online Skill Games
-Online Poker Room Announces Location of Final Tournament
-Pennsylvania Lottery Has Record Breaking Year in Ticket Sales
-Research Analysis Shows Fertile Online Gambling Market in Italy
-UK Gambling Commission Looks Forward to New Regulations
-Foxwoods to Open Apple Retail Store at New MGM Grand Casino
-First Online Casino Software Tester Approved by UK Commission
-Former Trump Executives Get Picked up by Isle of Capri Casinos
-Slotland Online Casino to Award $500 for Taking Slots Survey
-Environmental Certification Close but no Cigar for PA Casino
-Neteller Settles With USAO; Online Withdrawals to be Processed
-Great Canadian Gaming Corp. to go Online With Scientific Games
-Online Gambling Activity Increases by 13% During Month of June
-Foxwoods Casino Offers Amazing Summer Rewards Promotion
-Neteller's Frozen Monies Used for Gambling Online Still Frozen
-Luxor Casino Seeking More Recognition Beyond its Exterior
-Online Poker Legitimatized as a Game of Skill by Danish Court
-CARICOM Pledges Support for U.S. Online Gaming Regulation
-Online Sports Betting Study Shows Women Smarter Than Men
-Online Casino Deposit Method, Eco Card, has Another Alternative
-WSOP Main Event Jackpot Down Due to Less Online Satellites
-Detroit's MotorCity Casino Knows Cars, but do They Know Food?
-iMEGA Gets Courtroom Hearing on UIGEA Online Gambling Ban
-Online Betting Sees Light in France Following Court Overruling
-UK Casinos Awaiting Parliamentary Consensus Says Brown
-PacGames Acquires Online Gaming License for the Phillipines
-Snoqualmie Casino Could be Gaming Hotspot for the Northwest
-Blackjack Ballroom Online Casino Offers Lucky Stars Video Slot
-PPA Lawyer Challenges Online Poker Ban in Washington State
-PokerTek Head's Up Poker Tables Reach Beyond the Casinos
-Land-based Casino Giants Waiting to Pounce the Online World
-President of Wynn Macau Casino Resort Mysteriously Leaves
-My Craps Game by Digital Showcase Offers Online Alternative
-Rio Poker Tournament Raises Money and Awareness for Darfur
-Slotland Online Casino Games Compatible With Apple's iPhone
-Casino Nordica Closes its Doors After Only a Few Month Online
-Historic Partnership Bred Between Online and Offline Gambling
-Online Gambling Middleman, Stephen Lawrence, Pleads Guilty
-Florida Poker Rooms and Tribal Casinos Go All-In With New Law
-Gambling Addicts Can Join Online Community at Addicted.com

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