Trump Plaza’s 100% PokerPro(R) Poker Room will be hosting a $25,000 Freeroll No-Limit Texas Hold’Em Poker Tournament in December 2008. To qualify for a seat in the $25,000 Freeroll, players must play a minimum of 60 hours of cash/ring games in Trump Plaza’s Poker Room between November 1st and November 30th.
Macau’s economy is based on tourism and gambling, much like its counterparts in the US – Las Vegas and Atlantic City. These three places, combined generate more revenue just from gambling than the total market Cap of Bank of America and US Bank combined, in fact they don’t even come close.
Here, we look at the key statistics at the “Terrific three” gambling hubs.
Las Vegas
Las Vegas has long been the world’s gambling hub. High end casinos, unparalleled service and a large variety of entertainment options have kept tourists coming back to Vegas year after year. Leading properties include casinos run by MGM Mirage Inc., Harrah’s Entertainment Inc., Las Vegas Sands Corp and The Wynn Resorts Ltd.
At close to $6.5 Billion in gambling revenues in Las Vegas alone and $12 billion total gambling revenue in the state of Nevada which includes the City of Reno, a smaller gambling hub, it is still arguably the world’s largest entertainment location, even though Macau has exceeded Las Vegas in the last year or so as the world’s largest gambling hub.
Overall, the Las Vegas economy, which includes revenue from tourism, gambling, entertainment and a host of other smaller businesses including conventions, has been increasing 6.5% year after year and is about $110 billion now and is expected to reach $155 billion in 2012. No other location comes even close to that number.
2008, however, has been slower than usual, primarily due to the overall economic slowdown in the US due to the sub prime mortgage crisis.
Atlantic City:
Atlantic City has 11 major casinos and has been the second biggest gambling hub in the US for several decades. Research studies however show that 2007 will be the first year for the drop in revenue, because of the tough competition in the gambling industry.
Many of the old casinos that were there in Atlantic City have been shut down. The Trump Marina Hotel Casino had the biggest decline $11.8 million, and recently, Trump decided to sell this away as well. New casinos have started coming up though and it is unclear at this time what the future of Atlantic City would be.
Overall revenue for casinos in 2007 dropped 2.9% compared with 2006, but the decline in slots revenue was even sharper at 7.2%. The smoking ban, additional taxes, competition from casinos in neighboring states and the overall economic slowdown contributed to the slowdown. Despite these losses, Atlantic City generated $4.94 billion in gambling revenues in 2007, still a very strong number in the US. With new casinos coming up and the closure of the old loss-generating ones, Atlantic City seems to be poised for a comeback. Only time will tell.
Macau:
Gambling revenue in the enclave totaled 55.9 billion patacas ($6.95 billion) in 2006, which includes lottery and racing revenues although the booming bulk came from the casino floor. This may exceed the $6.2 billion generated by the Las Vegas strip. VIPs related revenue was higher but the mass market was slightly lower.
At the end of 2006, Macau had 24 casinos operating 2,762 gaming tables and 6,546 slot machines. In the beginning of the year 2007, with the increase in the gambling revenue by 22% reaching US$ 6.95 billion, Macau dethroned Las Vegas to emerge as the world’s No.1 gambling destination.
The success story of Macau may be due to the fact that the visitors from the nearby areas in mainland China show more interest towards gambling compared to the Americans in Las Vegas, whose people aren’t that interested in gambling in general. Macau is the only place in China where gambling is legal and within the reach of three billion people which positions it well for further growth, much better than Las Vegas and Atlantic City. It is already the world’s largest gambling center by volume and may soon become the largest by revenues as well.
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Atlantic City is a city of Entertainment, joy and many firsts. Here, The world’s first Board walk was founded in the year 1890. This most delightful board walk catches the center of attraction with the many groundbreaking entertainment acts and establishments, so it is called the heart, soul and backbone of Atlantic City.
Though Atlantic city is hot with a salty air in the summer they get extinguished with a number of activities and hotels that are open to people along with the boardwalk. Atlantic boardwalk is place better than never. The Boardwalk seems to be getting attraction here gets better day by the day to increase the entertaining act for the people. You might be amazed that
The “main street” of Atlantic City was originallyactually put down to keep the sand off of the hotel carpets. The Boardwalk is named after Alexander Boardman, a key person behind the work of the Boardwalk, and it happened to be a coincidence that it’s made out of boards. Though in early period of 1870 Boardwalk was only temporary, in 1890 it was built with permanent structure of about 24 feet wide, 10 feet high and about 4 miles long-and with railings on both sides. In future it was also worn out because of weather and sand, and also by the cause of other natural calamities and at present, the structure is replaced with a seat of concrete and steel pilings and constructed of thousands of two-by-fours.
The most popular mode of century old transport on the boardwalk is rolling chairs, in 1887 they are which debuted in 1881. . Initially they were imported from Philadelphia Centennial and rented for the physically challenged, and later it became so popular that everyone wanted a ride, in day course rolling chair in boardwalk was it self an exciting entertainment for the visitors. Another most popular mode of vehicle is bicycle. Large number of bicycle rides can be seen in the morning hours especially in the summer. Bicycle ride is restricted to morning hours between 6a.m. to 10 a.m.
The Atlantic boardwalk has a rich and colorful experience from the start till the end, It entertains and attracts people with all kinds of interests memorably. Hence iIt is alsoeven called as board walking tour sometimes. This tour podcast offers the Showboat Casino and the HHouse of Blues, trolley tours, an Asir show, casinos, resort suite and many a whole bunch of fun more exciting funs for the for Boardwalker’s.
Trolley tour is a delightful tour that provides a fully guided sightseeing showcase that covers all the attractive spots of boardwalk. The attractive spots of boardwalk are Absecon lighthouse, Atlantic city Aquarium, the Historic Towne of Smithville, Cape may and more. Also Customized tours are available as well. The Beach bars in boardwalk add extra flavor for the Boardwalker’s providing great foods and cocktails with lively entertainment over the night.
The sky scrapping Atlantic air show “Tthunders over the Boardwalk” and is an another mosta popular event that enlightens the broad walk. The aerobatics maneuvers, formation flying and solo routines of military and civilian pilots make this show more fascinating and enjoyable.
The hotel packages are more easily affordable with all kinds of amenities and high luxury. They also provide offer packages seasonally. Staying in these suite gives more different experience and makes the visitors to enjoy the lives best, with all under one roof. Waterfront tower, Trump Taj Mahal are the AC spots with 1800 rooms of Accommodation along with the luxury amenities like star restaurants, casinos, spa, golf court, gaming, shopping and also with the expansion of additional dinning ,retail and entertainment properties within. Many more new Luxury hotels are under construction to make the stay more leisure and fun.
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