ATLANTIC CITY CASINOS STILL UNDER PRESSURE (Update)

13 February 2009

January revenues lower than corrsponding period in 2008

 

Atlantic City's eleven land casinos continued to battle in tough economic conditions in January 2009, improving slightly on December 2008's record revenue decline (see previous InfoPowa report) but still 9.4 percent below the same period in 2008.

The gambling venues won $211.6 million at the slot machines, down 9.6 percent, and $109.8 million at table games, down 9.1 percent, reports Associated Press. In all, the establishments won $321.4 million.

Atlantic City's revenue decline, now in its third year, coincided with the opening of slots parlours in Pennsylvania and New York.

Online Casino News Courtesy of Infopowa

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