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Atlantic City casinos shedding jobs fast

Feb 4, 2009 1:05 AM
Staff & Wire Reports |

New Jersey's casino commission says Atlantic City's 11 casinos are shedding jobs at an alarming pace.

The state Casino Control Commission is reporting Tuesday that slightly more than 38,000 people are employed in the gambling halls. That's nearly 2,700, or almost 7%, fewer than a year ago.

In December alone, the casinos shed 566 jobs compared with 78 jobs lost in Dec. 2007. The biggest reduction came at Bally's Atlantic City, which eliminated 669 jobs in the past year. Six other casinos eliminated 300 or more.

Atlantic City is struggling not only with gamblers with less money to risk but also with new competition from slots parlors in nearby states.

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