A.C. casino revenues fell 14.2% in April

May 12, 2009 12:52 AM
Staff & Wire Reports |

Atlantic City's 11 casinos say they won 14.2 percent less in April than they did a year ago.

But in a recession in which the loss of hundreds of thousands of jobs nationwide is seen as encouraging news because the number wasn't even higher, Atlantic City's figures represent a tiny glimmer of hope, coming after two consecutive months of record-breaking revenue plunges.

In March, the decline was 19.4 percent, the biggest monthly drop in the 31-year history of legalized gambling in the nation's second-largest casino market.

In April, the casinos won $313.6 million.

Slot revenue, Atlantic City's bread-and-butter, fell 14.9 percent to $220.6 million. Table games brought in $92.9 million, down 12.5 percent from a year ago.

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