Online Gaming and Innovation will reshape Atlantic City

The news report has just confirmed that Showboat Casino is closing in Atlantic City as of 8/31. This was rumored earlier this year in a report to investors from Caesars CEO Gary Loveman.

 

The Atlantic City market is down from the high of 5.2 billion in revenue in 2006 to 2.9 billion last year. This is the harsh reality that the gaming business has changed due the economy and Pennsylvania emerging as the 2nd largest market in the United States.

The Bad Streak Continues!

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My take is that less will now become more. A reduction of current capacity will continue and one more property will close or become a hotel only. The supply exceeds the demand in the current model and an adjustment of  25%, based on the 2006 offering, will make up for the 40% drop in business levels.

The solution is to grow the market through innovative thinking and online gaming. In future posts, I'll give strategic concepts that I see as ways to grow the pie in the entire region.

               You can follow me on Twitter at https://twitter.com/GamingguyM and Facebook
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Beyonce & Jay Z On the Run Tour

The concert of the year is upon us. I have been waiting for years to see what it would be like if  Beyoncé and Jay Z would tour together. That the equivalent of Sean Penn and Madonna making a movie together three decades ago; Bobby Brown and Whitney Houston at an award ceremony two decades ago or Brad Pitt and Angelina Jolly dating 10 years ago. Everybody wants to see what they are going to do next. Forbes Magazine has projected this as the 2nd largest grossing tour in music history. With only 20 dates!

The Carters are the world's most dominate power couple with media savvy and strategic innovation.
In the past year, they have two of the top selling CDs with Beyoncé 4 and Jay Z's Holy Grail. The manner that they were released were totally unique and genius. One with a copulation of videos accompanying every song while the other was part of a phone application download. They embrace technology and give us controlled access to them and their music.

What I dream about for this tour includes

What celebrities will be in attendance to see them. Lebron James in Miami, Floyd Mayweather in New Orleans and LeSean McCoy in Philly.

A collaboration  of Beyoncé singing some of Jay Z's duets with other female artists. Can she tackle Empire State close to Alicia Keys or get raw as Mary J Blige 's Can't Knock the Hustle.

Will any special guest stars appear along with them? Pharell Williams, Kelly Rowland or Rick Ross makes a cameo and just do one hook.

Who will dominate the crowd? The best singer/entertainer that is also one of the world's most beautiful women or the best rapper /mogul that has influenced record sales from Rhythm and Blues to Rock and Hip Hop.

An HBO special that follow this tour and shows a different set from each city. One night Miami, one night Philly and the finale in France.

What song do they open and close with?  My choices would be Crazy in Love to open and On the Run as a finale.  Do Drunk in Love mid concert set and I'm good.



MIAMI

I will add the playlist after they perform 3 of the 20 dates scheduled. I'll also add video and pictures from my followers around the country from different concert venues. I'm going to the concert in Philly. Can't Wait!


Toronto

 

 



Cincinnati

 

 

 

Philly Fans

Amanda Fitzpatrick in Houston for Beyonce

On the Run Tour in Houston. (Check the Hat)



Seattle

 

            You can follow me on Twitter at https://twitter.com/GamingguyM and Facebook
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Think Like A Man Too - Review

Think like a Man Too opened yesterday. In my area, it was playing at several theatres and the parking lot was packed. Good Signs! Kevin Hart is killing it now and has been in at least 3 movies this year alone. He is the signature character again.

The rest of the cast from the first movie also returns. This time they are in Las Vegas for a wedding. Try to guess which couple from the 1st movie was most likely to get married?

                                                                   Romany is back!
                                                        

I 'll recommend seeing it as a date movie and great for laughs. Not the same social perspective or theme of the 1st movie, so don't expect that. Several cameos that include the world's best known
boxer, an internationally famous rapper and an NFL football player.

Megan is Good

 

Mike and Taraji

 

 

 

 

The trailer is below. Enjoy the Movie!

www.youtube.com/watch?v=N8b6kVSZNLE

 

 

You can follow me on Twitter at https://twitter.com/GamingguyM and Facebook

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                              Instagram photos and videos at http://instagram.com/gamingguym

 

 

 

Online Gaming a way out for Revel??

Just heard the report that Revel Casino in Atlantic City will close unless a buyer is found by 8/18  of this year. The quick math is less than 2 months. This beautiful facility has barely been open two years.  Built on 20 acres of beachfront property, the 47-story resort occupies 6.3 million square feet and has almost 1,900 guest rooms, all with ocean views.  It also contains 14 restaurants, 2 theaters, 2 nightclubs, 10 swimming pools, a 32,000-square-foot spa and a 130,000-square-foot casino.

          The ads in all of the top magazines like GQ,ESPN the Magazine and Vanity Fair.

The hottest performers like Beyoncé, Kanye West and Alicia Keys all had REVELation.

Revel was the new place to be. The focus was to attract women who love music,fashion and retail. Good idea with one problem.The market in Atlantic City was not ready for Revel. The non smoking concept and limited low end amenities contributed greatly.

 

So what the exit strategy?  They have already declared bankruptcy once. Several marketing campaigns have not produced overwhelming results. Giving up during the peak season is really throwing in the towel. 

The exit strategy is to open up to offers from a operator with online gaming experience or interest. This will make Revel appealing. Revel presently is not involved with online gaming.  The operator get the property at a fraction of the cost. The new owner then re opens the Poker Room to attract players from the online community. This is another revenue stream that Revel is not currently a part of.

I truly hope a buyer steps forward. I have many associates affiliated with this property. The last thing Atlantic City needs is the newest hotel that was projected as the savior to shut down.

Follow me for more news about Revel, Online Gaming and the intelligence way to approach millennial entertainment.

                  You can follow me on Twitter at https://twitter.com/GamingguyM and Facebook
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Gaming Guy M - The Next Chapter

I decided to challenge myself with a narcissistic look at where I started with social media. I was a the professional guy that wanted to show my intuitiveness by walking  the road less traveled. That road is lonely and sometimes unrewarding. But I made some great associations because of it. I was able to connect with people I probably would have only read about through it.
                                                 Here is a link to part of that chapter.

Then 4 years ago, I heard the idea about creating a digital presence. From there, I started my Twitter account, my blog, then Facebook and now Instagram.
The live chat, #GTLivechat, was a by product that now connects people globally.

Now, I am ready to expand again. In the coming weeks, I will reintroduce my website. This time I will focus primarily about online gaming. Sorry Mr. Adelson . I also plan to join the professional network, LinkedIn. I look forward to this next chapter and hope to meet you along the way.

                 You can follow me on Twitter at https://twitter.com/GamingguyM and Facebook
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                   Instagram photos and videos at http://instagram.com/gamingguym

Join me on #GTLivechat  with my co host @KeshisCuties.

Online Gaming in New Jersey - By the Numbers

The recent numbers were released for New Jersey Online Gaming for the month of May. For the second consecutive month the win was down. This was also another down month in win for the
brick and mortar casinos. Is there a reason to be alarmed or concern?  Two consecutive month of a declining win do not a failure make.

The Borgata, which has led the online industry since it launched in late November, experienced its first online revenue decline in May, falling slightly to just over $4 million, but it still has more than 38 percent of the online market. Its closest competitor, Caesars Interactive, took in nearly $2.8 million online, down from just over $3 million a month earlier.

The Tropicana won nearly $1.9 million online, down from $2.1 million in April; Trump Plaza fell from $926,278 in April to $677,453 in May; the Trump Taj Mahal went from $609,450 in April to $497,728 in May, and the Golden Nugget increased slightly, from $575,914 in April to $610,949 in May.

The positive number from the Division of Gaming Enforcement was the increase of registrants in Online Gaming in New Jersey to over 350,000.  That number grew by 9% in one month.


I would look at the amount wagered over the entire 6 month of operation and see if that is growing. I would also look at areas that were outside of the 20 mile radius of Atlantic City. If I could drive for my gaming entertainment at minimal cost, I would do it. It's when I factor in the gas, tolls and convenience that makes playing online more appealing. 

My 3 years of exposure to online gaming from the top executives and casino operators gives me the insight that the current numbers will reverse.


                         You can follow me on Twitter at https://twitter.com/GamingguyM
                              and Facebook at https://www.facebook.com/gaming.guym

Online Gaming Talk in Pennsylvania

The Pennsylvania legislature heard from several casino executives on Tuesday about the prospect of

Online Gaming being part of the current gaming climate in the Commonwealth. A prominent group

representing most of the casinos were present. Needless to say, there were several contrasting opinions.

 

The views range from taking a wait and see approach of approximately 1 year and then moving forward, to attempting to react now with a Poker only bill for any casino in the state. Sands Bethlehem  was one of the dissenters that did not support any form of gambling online.

I 'll weigh in now. I know the Commonwealth is looking for a revenue stream to help shore up the budget. A rush would not fix any needs for 2014-2015.  It would be more prudent to wait and see New Jersey and Nevada numbers over a year. That means waiting 6 months until December and acting on a bill sometime in 2015.

Poker seems like the easier lift that most legislators will support. It does have a community that is established and already playing online. A complement to the current brick and mortar casinos
would be to offer all the games. This way you grow your business.
Since I have been involved with the online gaming concepts over 3 years now, I know the ideas and the operators that have shown signs of success. I'll share some of the strategies I acquired in a future post.

                      You can follow me on Twitter at https://twitter.com/GamingguyM
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NBA Finals - Spurs vs Heat

Do I have one more prediction left? I picked Miami and the Spurs to win in 6. That was on the money.

This next series is a rematch from last year. Spurs have revenge on their minds as motivation. Most
teams would have folded after losing in the Finals as the Spurs did. They were only seconds away from championship number 5. This year was a awesome job of coaching and motivation by Gregg Popovich. It resulted in "Coach Pop" winning the NBA Coach of the Year Award.
Spurs ended the season with the best record in the NBA. They play in the toughest conference and have dominated their opponents at home. That did not change in the playoff as their record of 9-1
indicates.
They have the deepest rotation of the two teams. They win the match up with Parker and Duncan over whoever the Heat pit against them. They have home court advantage in this series. The return to the 2-2-1-1-1 format favors the team with the better record. X factor is Parker's ankle injury and play of Boris Diaw.

Miami has Lebron James. The best player in the game. One of the few people in the league that can will his team to victory by himself. Dwayne Wade is playing like D -Wade of 3 years ago. Just not dunking over people but still effective and a force to be reckon with. When they spread the floor and are hitting from outside, they are hard to beat.  The Heat will win the match up with Wade and Lebron over whoever the Spurs pit against them.

Heat is not intimidated by the road and a hostile crowd. They almost seem to relish it. Coach
Spoelstra knows how to inspire his players.  He does not get enough credit for the success of the team. Having Lebron will do that.  X factor is Chris Bosh and play of Ray Allen.

Series will come down to who give more, Bosh or Manu. Which team wins the turnover battle. Spurs are better defensively and will contest the 3 ball that Miami loves to shoot. They will be harder to trap than the Pacers.  Spurs can also punish the Heat inside. Pacers were not able to exploit the lane as expected.

The Pick -- Hard to get off the train but this is my stop! Been with Miami for the past two years but going Spurs! Not sure how many but Spurs will win a game in Miami.

Follow me for #GTLivechat on Twitter during every game of the Finals.
My co host is @KeshisCuties. We will provide insight and selections of each game.
An addition feature is my #NBAStyle at halftime of each contest. It includes photos of  NBA stars, celebrities and followers of mine on Facebook, Twitter and Instagram. Another reason for the fashionista trend setters to join the party. See you Thursday for Game 1.

The best play from Game 1 was the move by D-Wade on Tim Duncan. See below.
                                                    http://youtu.be/y-QImoBdHrs
The Story line from Game 2 was Lebron James and his domination. Ask Leonard of the Spurs

                     You can follow me on Twitter at https://twitter.com/GamingguyM
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