Casino Revenues Fall 6.3% in November
Atlantic City’s casinos took in $245.1 million in November, a decline of 6.3 percent from a year ago.
The latest figures released by the state Division of Gaming Enforcement show that recovery in the nation’s second-largest casino market remains elusive in the face of withering competition and a sluggish economy.
Slot machine revenue fell 4.9 percent, to $173.2 million, while table game revenue decreased by 9.6 percent, to $71.9 million. Only four of the 11 casinos reported a monthly revenue increase.
Trump Plaza was the biggest loser, down nearly 32 percent from a year ago.
For the first 11 months of the year, the casinos won $3.1 billion. That’s down 7.7 percent from the same period in 2010.
(Copyright 2011 by The Associated Press. All Rights Reserved.)