HOT Stories more

W. Virginia seeks ability to set number of live racing days

Article

Atlantic City casino revenue drops in January

February 14, 2013 8:57 AM by Staff & Wire Reports

Revenue at Atlantic City’s casinos was down more than 13 percent in January compared with the same month a year ago.

It was an inauspicious start to what could be a seventh straight year of falling casino revenues in a market that used to be the nation’s second-largest but has since lost that title to Pennsylvania.

The city’s 12 casinos won $205.6 million from gamblers last month. Table games revenue fell by $5.1 million, to $67.1 million. Slot machine revenue fell by $26.2 million, to $138.5 million.

The slots numbers were affected by an $8.1 million decrease in promotional gambling credits that were wagered, which are a component of slot machine revenue totals.

Atlantic City’s casino revenue has fallen from a high of $5.2 billion in 2006 to just over $3 billion last year.

Contact us at Publisher@GamingToday.com.

Like GamingToday on Facebook GamingToday on Facebook      and        Follow GamingToday on Twitter GamingToday on Twitter

top stories

Wynn Resorts is redesigning its proposed $1.6 billion resort casino in Everett. The updates were part of Wynn’s first status report to state regulators since besting Mohegan Sun for the lucrative Boston-area casino license last month.

Bob Christ’s breakdown of Pro Football Week 8 | Teams such as the Buccaneers that lose by 30-plus points the week before a bye, have come back strong their next game, going 8-0-1 ATS the past six seasons.

NCAA Football Betting Primer | The story of two teams heading in opposite directions as the Buckeyes have won four straight contests by the staggering average of 38.7 points per game, while the Nittany Lions have dropped their last two outings.

Trump Entertainment Resorts is dropping its threat to close Atlantic City’s Taj Mahal casino on Nov. 13. The company said it still cannot guarantee the Taj Mahal won’t close by the end of the year, but said it will remain open throughout November.

Bob Christ’s Thursday NFL Football Breakdown | When Denver plays host to San Diego on Thursday night in Week 8, Denver QB Peyton Manning will be going against one of the few teams that packs kryptonite when it faces the record-setting quarterback.

GamingToday Race and Sports Futures

           Westgate Superbook  Stratosphere Sports Book  

                Wynn Sports Book  CG Technology

GamingToday subscription