HOT Stories more

Florida governor should sign compact

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

GamingToday subscription ad

top stories

The New York Yankees look to create some separation in the jam packed American League East when they host the Oakland A’s in the opener of a three-game series at Yankee Stadium.

Real Deals | Happy anniversary to Texas Station, celebrating its 20th anniversary all month. The casino, which opened on July 12, 1995, is marking the celebration with a variety of month-long dining specials and daily gaming promotions.

​The biggest buy-in of the 2015 World Series of Poker was Event No. 58, the $111,111 High Roller for One Drop. $5,555 of each entry fee was donated to the One Drop charity, which brings clean water to various parts of the developing world.

Slot Club Spotlight | The 1906 Club derives its name from the opening year of the Golden Gate, Nevada’s oldest hotel. While the property still maintains elements of its quaint and charming past, new owner Derek Stevens has remodeled to blend the old with the new. 

The resort is being called Alon Las Vegas and is born of a partnership between billionaire Australian hotelier James Packer and former Wynn Las Vegas President Andrew Pascal. The New Frontier was imploded in November 2007. 

GamingToday Race and Sports Futures

           Westgate Superbook  Stratosphere Sports Book  

                Wynn Sports Book  CG Technology

Check out our writersCheck out our writers