Atlantic City casino revenue drops in JanuaryFebruary 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.
Pennsylvania lawmakers may act this week on bills that could legalize daily fantasy sports activity and online gambling while allowing slot machines at airports.
Oakland Raiders owner Mark Davis is suddenly being romanced by a group of investors who hope to get a new stadium built and keep the NFL team in California. The next question: How will Las Vegas respond to this pressure?
Exaggerator turned the tables on Nyquist after losing to his rival four consecutive times. He was expertly handled by Hall of Fame rider Kent Desormeaux, who kept him off a fast early pace.
V.I.P. On the Mark | FREE PREVIEW! Top Golf debuted in Las Vegas last week and even your biggest skeptic would be hard pressed to find fault. It is quite simply the finest golf facility for the recreational golfer in the country.
Slot Club Spotlight | Laughlin, Nevada is located about 90 miles south of Las Vegas and sits on the beautiful Colorado River. The town is famous for boating, water sports, getaway vacations and of course gambling on the river!
- Don't split 10's in blackjack
- Wynn debuts new poker room
- Trevi at Caesars celebrates National Wine Day
- GamingToday Play Free Video Poker
- Superstitions can be a part of poker players lives
- Memorial weekend suited for Cal poker
- Aces cracked a nice poker situation
- The Mesquite Amateur featured on seven golf courses