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.
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Delaware officials say competition from casinos in neighboring states continues to squeeze revenues at Delaware’s three casinos. Last year, Delaware slot machine revenue was $375 million.
The Red Sox traded Jon Lester, outfielder Jonny Gomes and cash to the Athletics for Yoenis Cespedes. Boston will also receive Oakland’s competitive balance pick in the 2015 draft.
The NFL exhibition season commences Sunday with the Hall of Fame Game in Canton, Ohio, when the Giants and Bills tangle. Kickoff is at 5 p.m. PDT. As of Thursday morning, Buffalo was a 2 point favorite with the total 32½ at the Las Vegas Superbook.
Wynn Resorts Ltd.’s second-quarter earnings increased 57 percent, bolstered by strong results in Las Vegas. Net income rose to $203.9 million, or $2 per share, from $129.8 million, or $1.28 per share, in the same quarter a year ago.
Gaming Yesterday | Each week in this column Scotty Schettler will take a trip down Memory Lane. He’ll tell you stories as he remembers them of people, places and happenings from days of old in Las Vegas.
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