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NJ gambling revenue up 6.7% in July, but 5 casinos still lag
ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $480.7 million in July, an increase of 6.7% from a year ago.
But the resorts nine casinos continue to struggle to return to pre-pandemic levels in terms of the amount won from in-person gamblers, with five of them winning less in July 2022 than they did in July 2019, before the coronavirus pandemic began.
Figures released Tuesday by the New Jersey Division of Gaming Enforcement show that the casinos collectively won just under $299 million from in-person gamblers. That’s more than the $277 million they collectively won in July 2019.
But five casinos — Bally’s, Borgata, Golden Nugget, Harrah’s and the Tropicana — won less from in-person gamblers last month than they did in July 2019.
Nonetheless, Atlantic City’s performance in July “showed indications of a strong summer season fueled by a return to normal operations and consumer behavior,” said Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University.
“Unlike last summer, Atlantic City casinos in 2022 are operating without official public health restrictions, which were still in place at the start of summer 2021,” she said. “There also isn’t the COVID-19 drag of persisting public health concerns that kept some visitors from returning to pre-pandemic behaviors even after an end to the COVID-19 public health emergency in New Jersey.”
James Plousis, chairman of the New Jersey Casino Control Commission, said the resort is off to a good start to the crucial summer season.
“Casino win reached its highest level for the month of July in a decade, reflecting the strength of Atlantic City as a gaming and leisure destination,” he said. “Year-to-date, every casino hotel has surpassed its casino win, internet gaming win, and total gaming revenue compared to the same period last year.”
While internet gambling and sports betting add to the revenue totals reported by the state for each casino, gambling executives say those figures are misleading because substantial portions of such revenue are kept by third-party providers such as tech platforms.
Because of that reason, they say in-person gambling revenue is a more accurate measure of how well the casinos are doing.
The Borgata won $124 million from in-person gamblers, sports bettors and internet gambling in July, up 16.4% from a year earlier. Hard Rock won $59.8 million, up nearly 8%; Golden Nugget won $49.1 million, virtually flat from a year earlier; and Ocean won $43.3 million, up 29.5% from a year ago.
Tropicana won $35.8 million, down 2.5% from a year ago; Harrah’s won $26.3%, down 10%; Caesars won $25.5 million, down 3.2%; Bally’s won $20.7 million, up 28.4%, and Resorts won $18.3 million down nearly 3%. (Resorts Digital, the company’s online arm, won nearly $39 million, an increase of nearly 15% from a year earlier.)
Among racetracks that offer sports betting, the Meadowlands in East Rutherford won $25.2 million in July, down from $31.7 million a year earlier. Monmouth Park in Oceanport won $1.6 million, down from $2.4 million a year earlier, and Freehold won $675,089, up from $165,792 last year.
All told, gamblers wagered $531.8 million on sports in July, down from $578.7 million a year ago.
New Jersey’s sports betting market is facing a new challenge from New York, which began offering mobile sports betting earlier this year and quickly seized the nationwide lead in terms of the amount of sports bets taken.
AEW: Fight Forever wrestling videogame
Developed by YUKE’s Co, Ltd., creators of numerous, multi-million unit selling wrestling games, AEW: Fight Forever combines that nostalgic arcade-wrestler feel with innovative All Elite Wrestling finishers and tandem offensive moves. All Elite Wrestling is currently taking TNT and TBS networks by storm every week with their Rampage and Dynamite shows, featuring some of the biggest legends to enter the ring plus a stable of brand new, high-flying, AEW talent. AEW: Fight Forever brings the best of the best from that talent roster together in one game! Online co-op wrestling is going completely next level in Fight Forever with Tag Team matches that feature sequences of team maneuvers performed with simple commands. A deep career mode, wrestler customization, signature AEW arenas, multiple match types and more match types than you can count, including some good ol’ fashioned, unsanctioned fun, all await!
AEW Fight Forever
Has WWE 2K met its match?
THQ Nordic
ALL ELITE WRESTLING is finally getting its long-awaited video game. Titled AEW Fight Forever, this is the wrestling promotion’s first fully-fledged console game, hopefully serving as a worthy competitor to the WWE 2K series.
It’s also developer Yuke’s first professional wrestling project since creating WWE 2K19 in 2018, after working on WWE games for over 18 years. With that in mind, there’s a lot of excitement for the upcoming game. Here’s everything we know about it so far.
MATCH TYPES
Single Matches
Tag-Team
3-Way
4-Way
Ladder Matches
Casino Battle Royale
Falls Count Anywhere
Unsanctioned Lights-Out (allows use of weapons)
Exploding Barbed Wire Déath Matches
WHO IS THE AEW FIGHT FOREVER DEVELOPER?
Yuke’s, the Japanese team that worked on WWE games since 2000 is in charge of developing AEW Fight Forever. The studio ended its partnership with 2K in 2019 and began working on the AEW game shortly thereafter.
Given the developer’s rich history in developing professional wrestling games, expectations for the upcoming AEW game are through the roof.
WHAT IS THE AEW FIGHT FOREVER ROSTER?
AEW Fight Forever
Thunder Rosa, Abandon, and Yuka Sakazaki perform in a triple-threat match.
The full roster for AEW Fight Forever has yet to be revealed, but there are several wrestlers confirmed to make an appearance:
Abandon
Adam Cole
Adam Page
Chris Jericho
CM Punk
Cody Rhodes
Darby Allin
Dr. Britt Baker D.M.D.
Hikaru Shida
Jade Cargill
Jon Moxley
Jungle Boy
Kenny Omega
Kris Statlander
Nyla Rose
Owen Hart
Pentagon
Thunder Rosa
Yuka Sakazaki
Websites
Google Featured Snippet Callouts, False Premises, MUM & More (Search Engine Roundtable)
Search Engine Roundtable YouTube
Google MUM Gives Featured Snippets Consensus, Google Breaks Bad, Ranking Tremors, Lens, Spam & More (video)
Greg Tingle
A most interesting and education podcast today. There's a number of complexities with Google's MUM. One is that in the history of the world many times the general consensus or mass population belief of various topics eventually got proven to be incorrect. Examples could be the colonisation / invasion/ discovery of Australia re Captain Cook, the Earth is flat, the existence of Aliens (which is more of an open and balanced conversation now opposed to say the 1900's), is God real, cures for Cancer and other diseases, how many planets there are in the solar system, and so it goes on.. Over the past week I thought my journalism and media scribes were getting censored again, but this wasn't the case. It was just a glitch in the Google Matrix Of Things, which is still a concern. Reminds me of Netflix movie current screening, 'Blackhat' staring Australian Chris Hemsworth, that I watched this week and it almost seemed more like a documentary! People, systems and webcode are not perfect and people and corporations can become corrupted or get bugs, so this means things can break. Hopefully Google is back to 100 percent now or at least close. Back up work and spread risk are a few of the reminder lessons in this. It would be interesting to get a quote on the matters by Elon Musk, Kim Dotcom and a few other leading business masterminds in and around the digital business space. Thanks again.
Jake Paul claims to have revolutionized boxing. Now he’s raising $50 million to shake up another part of the sports world.
On August 8, Jake Paul made what he called “one of the most important announcements of my life.” Across his social media channels, the influencer-turned-boxer revealed a new company called Betr. With $50 million behind it, Betr is trying to make a splash as both a sports media outlet and a sports gambling platform.
Betr will be made up of two separate halves. On one hand, it is a media company, with Paul serving as the on-air host. The outspoken creator will head to Betr’s YouTube, TikTok, and Instagram channels each Monday to host BS with Jake Paul. According to Paul, his talk show will regularly feature conversations with professional athletes. After vlogging from a boxing gym on his personal channel, Paul he now plans to shine a light on the training methods employed by the sportspeople he will interview.
The first episode of BS doubles as a grand reveal for Betr. In the video, Paul cites other YouTube stars who have launched their own business ventures, including MrBeast, the Nelk boys, and Jake’s brother Logan Paul. The elder Paul sibling recently teamed up with former boxing rival KSI to launch a beverage brand called Prime Hydration. Jake Paul positioned Betr as his change to follow in the footsteps of those enterprising creators. “I singlehandedly revived boxing,” he said in the first BS episode. “Now it’s time to reinvent the sports landscape with my new company Betr.”
True to Betr’s billing, its gambling-oriented side will not function like a typical sportsbook. Instead of letting users wager on the outcomes of games or seasons, Betr will use a “micro-betting” format, in which users gamble on individual plays, pitches, or actions. Paul said that he turned down a $40 million offer from a crypto company because he prefers the above-board nature of the modern-day sports betting industry to the less-regulated world of Web3.
“There’s a new sheriff in town”
Betr users who don’t feel like gambling will be able to check out the platform’s programming. Based on the company’s early investors — including active and recently-retired NFL stars like Ezekiel Elliott, Dez Bryant, Richard Sherman, and DeSean Jackson — it will be able to provide the close level of locker room access that Paul promises.
At the same time, Betr’s 25-year-old co-founder wants to shake up an industry that he sees as old, out of touch, and swayed by corporate interests. Paul called out “Stephen A. Smith, Pat McAfee, Skip Bayless, [and] Shannon Sharpe” as sports media icons he wants to disrupt. “There’s a new sheriff in town,” he told those talking heads.
Betr may be turning down crypto money and corporate influence, but it’s not exactly going broke. To the contrary, the company has about $50 million in funding behind it, which it raised across two funding rounds. The firms that led those rounds include Florida Funders, Aliya Capital Partners, and Fuel Venture Capital. Betr co-founder Joey Levy told Axios that his company plans to use its funding to double in size, which would give it about 30 employees. “You can probably expect 10+ videos a day from emerging content creators we’ve brought into the company,” Levy said. “But we’re initially focused on the premium content natives, starting with Jake’s show.”
How will Betr affect Jake Paul’s career trajectory?
Betr’s co-founder clearly sees his new company as a force with the potential to revolutionize sports media. But is he too late to the game? In an era when Amazon is calling on Dude Perfect to introduce its NFL streams to a modern audience, is there still room for Paul to pull fans away from the big networks?
You could ask a whole different set of questions about Paul’s sporting career. Now that he owns a gambling site, will he still be able to fight in the ring? For now, the answer seems to be yes, but sports gambling has changed radically since its widespread legalization. If it evolves even more, Paul could find himself choosing between BS and boxing.
Sources; Jake Paul, Betr, tubelifter, Wikipedia, Google News
