Slump Continues for Atlantic City Casinos
Mild weather and a new casino didn’t provide much help for Atlantic City’s casinos, whose revenue fell 5 percent last month.
Statistics released Tuesday by the state Division of Gaming Enforcement show the 12 casinos took in $266.3 million in March, down $280.5 million from a year ago.
Table game winnings fell by 10.6 percent to 75.2 million, while slot machine winnings dropped 2.7 percent to 191.1 million. The data includes three limited-hour “test days” held at the state’s newest casino, Revel.
Overall, casinos have won $746 million in this year’s first quarter, down 6 percent from the same period in 2011. Winnings from slot machines is down 2.4 percent over the first three months of 2012, while table game winnings is down 14 percent.
(Copyright 2012 by The Associated Press. All Rights Reserved.)