The oldest casino market on the East Coast is getting some international attention lately, and it’s not just because of its curvy boardwalks and old school good looks.
“No matter what you say about it, Atlantic City is still a $3 billion market,” said Vince Crandon, a managing director of MidOil USA, in a Press of Atlantic City article. MidOil USA is currently representing an investment group that includes London-based gambling conglomerate 2UP Gaming PLC, one of the companies lined up to purchase an Atlantic City boardwalk casino this fall.
While name of the purchased casino is being held until the sale agreement is finalized, the sale does bring to light the budding interest in Atlantic City, particularly since the the legalization of online gambling and the improvement to the national economy. Recent years have seen Atlantic City lose revenue and customers to casinos in adjacent states as well a severe downturn of the real estate market. The introduction of new international life blood and the opportunities that iGaming will produce have awakened new potential in this boardwalk town.
“Our priority is to buy. We want to get into the market now. We don’t want to have to wait two years,” said Crandon, referencing the decision to purchase and remodeling an existing brick-and-mortar instead of building one from scratch. He’s not alone in this sentiment, and his company certainly isn’t the last to take advantage.
The move will see Evolution Gaming continue its strategy of diversifying its game portfolio and entering new markets, with Nolimit City’s games being made available to its partner casinos around the world. Nolimit’s current portfolio includes popular online slots such as Folsom Prison, Buffalo Hunter and Karen Maneater, and the studio has a strong pipeline of new releases in the works.
The Rave takes us to an incredible rave party, with Joe Labrador delivering an out-of-this-world music experience. Joe Labrador, also known as DJ P5ychØ Manhunt, is a world-renowned DJ who is known for his transcendent and wild rave experiences. His music is said to be so powerful that those who lose themselves in the beat never return. His fans are some of the most dedicated and loyal ravers in the world, and they often travel great distances to experience his music.
Stakelogic Live is a live dealer game provider that partners with different online casinos to offer its products. The company has just partnered with BetCity, an online casino in the Netherlands, to provide its games to the casino's players. The partnership will allow the operator’s players to enjoy the developer’s live products, including American blackjack tables, European Roulette, Auto-Roulette and Auto-Roulette Classic tables.
