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Atlantic City Revenue

4/15/2014

article Will A Younger Crowd Save Atlantic City? [POLL]
(Atlantic City) -- Here’s a question: were I in my 20’s, single, and looking for a place to party that wasn’t too far off – would I chose AC?...

4/10/2014

article Atlantic City casino revenue plummeted in 2013
(Atlantic City) -- Last month, there were early warning signs that New Jersey’s online gambling experiment was going poorly, but now, with the release of figures...

4/8/2014

article Atlantic City Casino Earnings Fell 35 Percent In 2013
(Atlantic City) -- A down year with a strong finish. That’s how New Jersey gaming officials describe the profits of the 12 Atlantic City casinos last year.
article New Jersey casinos post net revenue loss in 2013 depite launch of online gambling
(New Jersey) -- The New Jersey Division of Gaming Enforcement (DGE) has reported that the US state suffered a year-on-year drop in net revenue during the 12 months to...

4/7/2014

article Atlantic City casino earnings fell 35 pct in 2013
(Atlantic City) -- Atlantic City's casinos saw their earnings decline by nearly 35 percent last year, despite a late boost from Internet gambling revenue.
article Atlantic City casino earnings fell 35 percent in 2013
(Atlantic City) -- Not even a boost from Internet gambling money and the comparison with an extremely slow period after Superstorm Sandy could prevent Atlantic City...
article Atlantic City’s casino industry earnings drop 35 percent in 2013
(Atlantic City) -- Significant casino operating profit gains seen in the fourth quarter of 2013 were not enough to save the city’s dozen casinos from a 35 percent...
article For most Atlantic City casinos, 2013 was ugly
(Atlantic City) -- Caesars Entertainment Corp. last year slashed the value of three Atlantic City casinos by 89 percent, recording $2.2 billion in impairment charges,...

3/21/2014

article Tourism revenue in New Jersey up 1.3% in 2013, Guadagno says
(New Jersey) -- New Jersey saw a 1.3 percent increase in annual tourism revenue in 2013, setting a record for the state, Lt. Gov. Kim Guadagno said Thursday.

3/13/2014

article New Jersey Casinos Down 6% To $199 million In February
(New Jersey) -- The New Jersey state Division of Gaming Enforcement has released its casino figures for February, revealing a 6% fall in revenues to $199 million,...

3/12/2014

article Atlantic City casinos in Feb 2014 down 1.4 pct; online gaming up 9 pct from Jan
(Atlantic City) -- Revenues for Atlantic City’s 11 casinos declined by a relatively modest 1.4 percent in February compared to Feb. 2013, with $10.3 million in...

3/5/2014

article Borgata fourth-quarter net revenue up 6.5 percent from 2012
(Atlantic City) -- Boyd Gaming, the owner of Atlantic City's best performing casino, expects a decision by the end of the year on a massive tax appeal settlement...

3/4/2014

article Atlantic City visitor trips fall for eighth straight year
(Atlantic City) -- The number of people visiting the Atlantic City resort town in the US state of New Jersey has fallen for the eighth consecutive year.

2/13/2014

article Atlantic City casino revenue falls 9 percent
(Atlantic City) -- The closing of Atlantic Club Casino Hotel last month contributed to a nine percent loss in Atlantic City casino revenue with $186 million in total...
article Atlantic City casino win down 4.6 percent in Jan.
(Atlantic City) -- Internet gambling grew substantially in its second full month in New Jersey. And it's a good thing, too, because without that extra online money,...
article Atlantic City Casinos Down 4.6% To $195.7m In January
(Atlantic City) -- New Jersey has released its gambling figures for January, revealing Atlantic City’s 11 casinos generated $195.7 million in revenue last month, a...
article Atlantic City Internet Gambling Up 28% To $9.5m In January
(Atlantic City) -- Atlantic City’s state Division of Gaming Enforcement has released its online gambling figures for January, revealing a 28% increase in revenues...
article New Jersey online gambling revenue up 28% in January
(New Jersey) -- The New Jersey Division of Gaming Enforcement has announced that online gambling gross win in the US state increased by 28% on a month-on-month basis...
article New Jersey Online Gambling up 28%
(New Jersey) -- Online gambling revenue in New Jersey totaled $9.5 million in January, a 28% increase over the numbers posted in December, 2013.

2/12/2014

article Atlantic City's Internet gambling revenues increase to $9.5 million in January
(Atlantic City) -- New Jersey’s Internet gambling industry brought in $9.5 million in January, exceeding December’s revenue tally by nearly $2 million.
article Atlantic City's online-gambling revenue jumps 28 percent; still below expectations
(New Jersey) -- Revenue from online-gambling operations run by Atlantic City casinos increased in January by 28 percent over December — a figure that was slightly...
article DGE Announces January 2014 Gaming Revenue Results [PDF]
(Atlantic City) -- Based upon filings with the Division of Gaming Enforcement, total gaming win from the casino hotels and Internet gaming operations totaled $195.7...

1/29/2014

article Atlantic City suffers decline in vehicle traffic for 2013
(Atlantic City) -- Competition from casinos in surrounding states and the lingering effects of Hurricane Sandy took their toll on Atlantic City's highway and airport...

1/15/2014

article New Jersey's Casinos Are Sinking Faster Than Online Gambling Can Rise
(New Jersey) -- Six weeks into the era of legalized online gambling in New Jersey, the state has released the first data (PDF) about how much people are gambling on the...
article New Jersey cuts detail in casino report
(Atlantic City) -- For 35 years, analysts, reporters and curious gamblers scouring monthly casino revenue reports have been able to scrutinize the performance of more...

1/14/2014

article AC Casino Revenue Below $3B; 1st Time in 22 Years
(Atlantic City) -- Atlantic City's casino revenue has fallen below $3 billion for the first time in 22 years, as increasing competition in the northeastern U.S....
article Atlantic City casino revenue figures to be released today
(Atlantic City) -- Data released today by the New Jersey Division of Gaming Enforcement is expected to show that the Atlantic City’s casino industry has hit a...
article Atlantic City casino's gambling revenue falls 6 percent in 2013
(Atlantic City) -- Gambling revenue at Atlantic City’s brick-and-mortar casinos fell by 6 percent in 2013 as the resort’s 12 properties drew $2.9 billion.
article Atlantic City casinos' gambling revenue falls 6 percent in 2013
(Atlantic City) -- New Jersey’s land-based gambling revenue fell six percent in 2013, marking the seventh consecutive year of decline for the Atlantic City casino...
article Atlantic City’s casino revenue tumbles; Borgata, Caesars Interactive dominate online
(Atlantic City) -- Atlantic City’s casino revenue fell below $3 billion last year for the first time in 22 years, as increasing competition in the northeastern U.S...
article Boyd Gaming Cites Weather for December Miss at Borgata; Touts N.J. Online Results
(New Jersey) -- Boyd Gaming Corp. (BYD) attributed a December shortfall at its land-based Borgata operations in New Jersey to temporary factors such as severe winter...

1/7/2014

article How the Atlantic City gambling industry preys on senior citizens
(Atlantic City) -- Atlantic City, New Jersey boasts fabulous amenities for America’s senior citizens. See the broad boardwalk, perfect for fresh air and exercise....

12/31/2013

article Time is running out for an Atlantic City comeback
(Atlantic City) -- Back in 2010, Chris Christie stood in front of Boardwalk Hall and declared, "Atlantic City is dying." Thanks to the one-two punch of a grim...

12/30/2013

article A look at the future of Atlantic City gaming
(Atlantic City) -- With people coming and going at all hours of the day, Atlantic City's casinos never close, but in just a couple of weeks, the Atlantic Club will...

12/29/2013

article Casinos help the community: Nonprofits rely on A.C. gaming halls for funds and assistance
(Atlantic City) -- Casino revenue may not be where it was a decade ago, but casinos and their employees continue to contribute to their communities, through direct...
article '14 starts ominously for NJ casinos as gov watches
(New Jersey) -- The new year is a crucial one for Atlantic City's future, and 2014 won't start auspiciously. This is the fourth year of a five-year grace period...

12/13/2013

article Atlantic City casinos recover from Sandy setback
(Atlantic City) -- Atlantic City's casino revenue increased by more than 27% in November compared to a year ago, and that's only because Superstorm Sandy forced...

12/11/2013

article Non-Gambling Options Important for AC’s Future
(Atlantic City) -- Even with a slight uptick this November because of Superstorm Sandy last year, gambling revenues in Atlantic City continue to decline, putting the...

12/10/2013

article Gambling revenue increases in November
(Atlantic City) -- Gambling revenue increased 27 percent to $224.7 million at Atlantic City’s casinos, compared to $176.6 million last year when Hurricane Sandy...
article November gambling revenue to be released today
(Atlantic City) -- Gambling revenue data for the month of November is expected to be released at 2 p.m. today by the New Jersey Division of Gaming Enforcement.
article Sandy comparison boosts AC casino revenue 27 percent
(Atlantic City) -- Atlantic City's casino revenue increased by more than 27 percent in November compared to a year ago, and that's only because Superstorm Sandy...

11/25/2013

article Atlantic City's hotel occupancy rate stays strong despite overall drop in casino industry's gross operating profits
(Atlantic City) -- The Atlantic City casino industry’s gross operating profits are down 23 percent in the first nine months of the year, registering $349 million....

11/22/2013

article Atlantic City casino 2013 revenues off 8.6 pct from 2012
(Atlantic City) -- Lots of financial information here for the third quarter of 2013 in the Atlantic City casino industry.
article Atlantic City casinos see profits fall in third quarter
(Atlantic City) -- Atlantic City's casinos saw their gross operating profits cool in the third quarter of this year, decreasing by 8.1 percent to $137.4 million.
article Atlantic City's casinos 3rd quarter revenue down 8 percent
(Atlantic City) -- Atlantic City’s overall revenue in the third quarter of the year measured at $137.4 million, a decline of 8.1 percent. In the year to date,...

11/21/2013

article Atlantic City's credit rating downgraded by Moody's due to casino tax appeals, competition from neighboring state casinos
(Atlantic City) -- An Atlantic City casino industry stifled by lower gambling revenues and a plummeting tax base of casino properties led Moody’s Investor Service...

11/12/2013

article A.C. casinos see Oct. gain over Sandy-shortened 2012
(Atlantic City) -- Atlantic City casinos won $216.9 million from gamblers in October, a 3.6 percent gain over the same period a year ago, when casinos were ordered shut...
article Atlantic City casino revenue looks better because of Sandy
(Atlantic City) -- Atlantic City’s casino revenues were up by 3.6 percent in October compared with the same month in 2012, but the increase was mainly because...
article Atlantic City Casinos Report Modest Revenue Rise In October [sub. req'd]
(Atlantic City) -- New Jersey casinos reported only their third increase in revenues in more than four years in October, a month that marked the anniversary of Hurricane...
article Atlantic City gambling revenue rose 3.6 percent in October
(Atlantic City) -- Atlantic City’s gambling revenue increased 3.6 percent in October reflecting a small rebound following Hurricane Sandy.
article Oct. casino revenues should be up — due to Sandy
(Atlantic City) -- Atlantic City's casino revenues are almost certain to show an increase for October — mainly because Superstorm Sandy forced the resort to...
article October gambling revenue results released today
(Atlantic City) -- Atlantic City’s October gambling revenue results are expected to be released later today. Casinos are all but guaranteed to see increases over...

11/7/2013

article Why New York casinos could crush Atlantic City
(Atlantic City) -- New Yorkers have approved an amendment that will allow seven casinos to open in the state, including one to three in the New York City area in seven...
article Will Atlantic City take a hit from New York casinos?
(Atlantic City) -- Experts believe the approved amendment in New York that will lead to seven new casinos in the state will hurt Atlantic City.

11/3/2013

article Atlantic City Casino Values Drop / Seek to Lower Their Taxes as Property Values Decline
(Atlantic City) -- Atlantic City faces a new hurdle in its struggle to revive its declining gambling industry: Its 13 casinos say their properties collectively are worth...

11/1/2013

article Borgata Casino’s 8.3% Slots Hold The Lowest In Atlantic City
(Atlantic City) -- In casino parlay, a slot machine’s “hold percentage” refers to the amount of money that casinos keep from a particular slot over the...
article Borgata claims bragging rights to loosest slots in Atlantic City, Pennsylvania
(Atlantic City) -- Borgata Hotel Casino & Spa had a billboard on the Atlantic City Expressway for a while that beckoned gamblers with the words, "Pa. and A.C....

10/31/2013

article Borgata posts 7 percent overall revenue increase in third quarter
(Atlantic City) -- Atlantic City’s best performing casino has seen an overall 7 percent revenue increase in the third quarter of the year. Borgata Hotel Casino...
article Borgata revenue up nearly 7 percent in Atlantic City
(Atlantic City) -- Revenues at the Borgata Hotel Casino & Spa increased by nearly 7 percent in the third quarter of this year as Atlantic City's top casino...

10/30/2013

article Turning the Tide / Can online gaming save Atlantic City?
(Atlantic City) -- New Jersey, through its 12 Atlantic City casinos, is preparing to go live with full online casino gaming on November 26. Nobody is clear on where the...

10/28/2013

article Stung by tax ruling, Atlantic City braces for the worst
(Atlantic City) -- This struggling resort saw its newest casino, Revel, emerge from Chapter 11 bankruptcy before summer, but now a more ominous threat lurks.
article BRENNAN: Atlantic City and its casino industry are still struggling – and now the tax burdens on the casinos are shrinking
(Atlantic City) -- Atlantic City’s casino industry and its municipal government have undergone parallel downward spirals for more than seven years. Now the casinos...

10/25/2013

article Moody's wary of Atlantic City debt after tax-appeal loss
(Atlantic City) -- Borgata’s more than $48 million victory over Atlantic City in tax court could trigger a new round of tax assessment woes for the resort and...

10/14/2013

article Atlantic City Casino Revenue Down 13 Percent in September
(Atlantic City) -- The latest revenue numbers for Atlantic City casinos could well force them to focus on getting online gambling up and running by the November 26th...

10/12/2013

article AC Casinos Need Help in 4th Quarter
(Atlantic City) -- We can expect year-over-year gambling revenue increases for Atlantic City in the final quarter of 2013, but that’s only because the resort town...
article Gov. Chris Christie sees state taking more 'aggressive' role in governing Atlantic City
(Atlantic City) -- If re-elected, Gov. Chris Christie would have the state take an even more “aggressive” role in the governing of Atlantic City, he told The...

10/11/2013

article AC Casinos Need Help in 4th Quarter
(Atlantic City) -- We can expect year-over-year gambling revenue increases for Atlantic City in the final quarter of 2013, but that’s only because the resort town...
article Atlantic City casino revenues plunge almost 13 percent in September
(Atlantic City) -- Thousands of people came to Atlantic City to see Miss America last month, but not enough of them ventured into a casino to boost the gambling halls...
article Atlantic City gambling revenue plummets
(Atlantic City) -- Atlantic City gambling revenue in September was down by 12.9 percent. The total casino win in September 2013 was $240.2 million compared to $276...

10/8/2013

article Atlantic City continues slide since Sandy despite lower borrowing costs
(Atlantic City) -- Atlantic City’s recovery from Hurricane Sandy delivered a 45 percent drop in borrowing costs in 2013. That may be as good as it gets as the...

9/29/2013

article 2nd quarter rough for A.C. tourism
(Atlantic City) -- The rainy and unseasonably cold month of June hurt Atlantic City tourism in the second quarter, data released Saturday suggest.

9/24/2013

article Harrah’s new chief executive urges cooperation among Atlantic City's casinos
(Atlantic City) -- Barely a week on the job, the new chief executive of Harrah’s Resort is sounding a radically new theme for the Atlantic City casinos: Let’...

9/21/2013

article Atlantic City suffering big revenue losses
(Atlantic City) -- It’s time to double down or Atlantic City may be out of the game. According to a report, released by Moody’s Investor Services late last...

9/11/2013

article Atlantic City Casinos Down 4.8% To $298m In August
(Atlantic City) -- The state Division of Gaming Enforcement has released its casino results for August, revealing a 4.8% decline in revenue to $298.1 million compared to...

9/10/2013

article AC casino revenues down nearly 5 percent in August
(Atlantic City) -- Atlantic City's casino revenue fell by nearly 5 percent in August, as gamblers won table games at a higher rate than usual. The city's 12...
article Atlantic City battles to end losing streak
(Atlantic City) -- The billboard hard by the Atlantic City Expressway is supposed to speak for a single casino, not an entire town. But Revel Casino Resort's slogan...
article Atlantic City casino revenue falls 5 percent in August
(Atlantic City) -- Atlantic City’s casinos fell short of closing out the pivotal summer tourist season with one month of higher gambling revenue.
article Borgata, Revel, Resorts post gains, but Atlantic City casino revenue falls 5 percent in August
(Atlantic City) -- Borgata Hotel Casino & Spa, Atlantic City’s perennial powerhouse, surged far ahead of its competitors in August to complete its best summer...

8/27/2013

article Can naked ambition save Atlantic City's casinos?
(Atlantic City) -- A strip club will open for the first time inside an Atlantic City casino as gambling venues try to halt a decline in revenue worth billions of dollars...
article Christie says casino strip club won't hurt 'family-friendly nature' in Atlantic City
(Atlantic City) -- Gov. Chris Christie says you won’t catch him at the Scores’ strip club that’s opening in the Trump Taj Mahal Casino Resort next...

8/26/2013

article Atlantic City's struggling casinos look to strippers to help the bottom line
(Atlantic City) -- Scores, the famous New York strip club, will open a satellite establishment inside the Trump Taj Mahal Casino Resort next month _ the first strip club...
article Atlantic City Casino Revenue Continues Tumble
(Atlantic City) -- Atlantic City casinos just had a rough second quarter and look to be en route to another disappointing year. According to financial reports filed with...

8/24/2013

article 4 of 12 Atlantic City Casinos Post Losses
(Atlantic City) -- Revel wants gamblers, and the rest of the casinos could use a few more. The news was the same overall for Atlantic City’s casinos during the...
article Casino Profits Down, But Atlantic City Growing In Other Areas
(Atlantic City) -- Quarterly profit numbers for Atlantic City’s 12 casinos are down…again, but officials are encouraged by trends outside of the gaming...
article With new rivals, Atlantic City fights losing streak
(Atlantic City) -- The billboard by the Atlantic City Expressway is supposed to speak for a single casino, not an entire town. But Revel Casino Resort’s marketing...

8/23/2013

article Atlantic City Casino Profits Plunge 45% To $65m In Q2
(Atlantic City) -- The state Division of Gaming Enforcement has released its casino results for the second quarter of 2013, revealing a grim 45% drop in profits to $65...

8/22/2013

article Atlantic City casino earnings fall nearly 45 percent
(Atlantic City) -- Atlantic City’s 12 casinos saw their collective earnings fall by nearly 45 percent in the second quarter of 2013, state regulators said Thursday.
article Eight Atlantic City casino post profits in second quarter
(Atlantic City) -- Eight of Atlantic City’s 12 casino hotels turned a profit in the second quarter of 2012, with Tropicana Casino and Resort and Caesars Atlantic...

8/19/2013

article Atlantic City’s losing streak, as more states compete for gambling revenue and jobs
(Atlantic City) -- The billboard hard by the Atlantic City Expressway is supposed to speak for a single casino, not an entire company town. But Revel Casino Resort...

8/15/2013

article According to DGE, revenue no longer 'falls'
(New Jersey) -- Every month, the N.J. Division of Gaming Enforcement issues a press release summarizing the previous month's official casino win statistics. Since...

8/12/2013

article Atlantic City Casinos Down 3.6% To $297m In July
(Atlantic City) -- Atlantic City recently released its casino results for July revealing a 3.6% fall in revenue to $297.2 million, compared to $308.2 million for the...

8/11/2013

article Atlantic City Gaming Revenue Down 3.6% in July 2013
(Atlantic City) -- Atlantic City posted another negative month in July. Gaming revenue in July 2013 fell 3.6% to $297.2 million. July 2012 gaming revenue was $308.2...

8/10/2013

article Gaming revenue slips in Atlantic City
(Atlantic City) -- The dozen casinos here posted gaming revenue of $297.2 million in July, a decrease of 3.6 percent from a year ago.
article Revel revenue soars for July; other Atlantic City casinos down 4 percent
(Atlantic City) -- Revel Casino-Hotel launched a “Gamblers Wanted” marketing campaign in July, asking customers to give the financially troubled megaresort a...

8/9/2013

article July revenue figs due out Friday for AC casinos
(Atlantic City) -- July is always one of the busiest months for Atlantic City's casinos, and revenue figures due out Friday afternoon will show how the city's 12...
article NJ casino revenues down 3.6 percent in July
(Atlantic City) -- An aggressive slot refund promotion helped Atlantic City's newest casino to a banner month in July, but most of the rest of the casinos got off to...

7/21/2013

article Atlantic City's revenue from luxury tax on the rebound
(Atlantic City) -- Atlantic City luxury-tax revenue, a key indicator of consumer spending on nongambling attractions, has risen to its highest level since Hurricane...

7/12/2013

article AC Casino Revenues Fall 13%, "Bumpy Ride" Forecast
(Atlantic City) -- Revenues for the month of June in Atlantic City casinos are down a combined 12.6 percent from last year, a disappointing start to summer for...

7/11/2013

article Atlantic City casino revenue down 12.6 percent in June
(Atlantic City) -- This year is shaping up to be the worst for the Atlantic City casino industry in the last 22 years. Figures released Wednesday by the state Division...
article Declining gambling revenues spark casino debate
(Atlantic City) -- Atlantic City got hammered by hurricane Sandy last fall, shutting casinos shut down for several days, but the problem is more long-term than that.
article Major Decline in Atlantic City Gaming Revenue in June
(Atlantic City) -- Atlantic City posted another steep decline in gaming revenue during June. According to the New Jersey Division of Gaming Enforcement, the city posted...

7/10/2013

article AC casino revenues down 12.6 percent in June
(Atlantic City) -- Summer got off to a cold start for Atlantic City's casinos, which took in 12.6 percent less than they did at the start of last summer.
article Atlantic City casinos had a rough June
(Atlantic City) -- Atlantic City casinos saw a 13 percent decline in casino revenue last month, the Atlantic City Press reported.
article Atlantic City Casinos Suffer Jarring June
(Atlantic City) -- In June, it was all pain and no gain in Atlantic City, as gaming revenue fell for the sixth straight month. Total casino take was $240.2m, down 12.6...
article BRENNAN: All 12 Atlantic City casinos see reduced win total in June
(Atlantic City) -- I wrote on Sunday in The Record and here on the blog about how this summer might be crucial to Atlantic City’s longterm effort to maintain a...
article Casinos suffer another shortfall as revenue drops 12.6 percent
(Atlantic City) -- Gaming revenue fell across the board at Atlantic City’s 12 casinos last month, regulators said in a report today, as the industry continued its...
article June revenue figures released today for Atlantic City casinos
(Atlantic City) -- Casinos are hoping for a June rebound in gambling revenue to give them momentum heading into the peak summer tourist season.
article No June rebound for Atlantic City casinos; revenue falls 13 percent for month
(Atlantic City) -- Atlantic City’s casinos did not get the hoped-for June rebound in gambling revenue to give them upward momentum heading into the peak summer...
article Atlantic City room occupancy rates decrease 73% without two music festivals
(Atlantic City) -- Atlantic City hotel room nights booked as a result of conventions plummeted 73 percent in June. Sort of.
article In Atlantic City, tourism up, gaming revenue down
(Atlantic City) -- Tourism in Atlantic City is thriving right now. Mayor Lorenzo Langford said, "The 4th of July weekend in particular was the best weekend they...

6/17/2013

article Visits to Atlantic City down early in 2013
(Atlantic City) -- Tourism experts are blaming the effects of Superstorm Sandy for a steep drop in visits to Atlantic City during the first four months of the year.

6/11/2013

article Atlantic Club, Borgata Outpace Atlantic City Competition [sub req'd]
(Atlantic City) -- The Atlantic Club Casino, whose rocky acquisition deal with PokerStars recently fell through, outperformed a declining Atlantic City market in May, as...
article Tourism up, if slightly, in Atlantic City for '13
(Atlantic City) -- Atlantic City is by no means past its problems, but tourism industry indicators point to some small gains in the first quarter of 2013, a report...

6/10/2013

article AC casino revenues fell less than 4 pct in May
(Atlantic City) -- Atlantic City's casinos still aren't playing "Back In Black" over their loudspeakers, but the decline in their revenue slowed...
article Atlantic City casino revenue falls 4 percent in May
(Atlantic City) -- A big Memorial Day weekend, highlighted by the debut of some glitzy new casino projects, wasn’t enough to push revenue higher in May for the...
article Special report: Small gambling sites win big as A.C. loses out
(Pennsylvania) -- The year 2005 was a very good one for Atlantic City and the state. It was the high-water mark for casino gambling in New Jersey, with more than $5.9...

6/7/2013

article Slots rev up at Golden Nugget in Atlantic City
(Atlantic City) -- The command boomed over a loudspeaker Friday afternoon: “Gentlemen, start your engines!” Suddenly, Glenn Souchuck found himself watching a...

5/22/2013

article Atlantic City casinos' first-quarter gross operating profits down 64 percent
(Atlantic City) -- First-quarter gross operating profits at Atlantic City’s casinos dropped 64 percent compared to the same period last year, according to the...
article NJ casino 1st quarter profits fall 63 percent
(Atlantic City) -- Atlantic City's casinos saw their gross operating profits plunge by more than 63 percent in the first three months of this year.

5/16/2013

article Atlantic City Recession Continues While Las Vegas Rebounds
(Atlantic City) -- Atlantic City posted another large decline in gaming revenue during April. Total casino win was down 12.1% for the month. Table game revenue declined...

5/13/2013

article Atlantic City Places Another Bet on Summer 2013
(Atlantic City) -- As Atlantic City boosters await the arrival of Memorial Day weekend, they’re trumpeting the start of yet-another new era for the beleaguered...

5/10/2013

article April revenue drops 12.1% at A.C. casinos
(Atlantic City) -- The dozen casinos here experienced a 12.1 percent drop in casino revenue in April, compared to a year earlier - continuing a pattern of double digit...
article Atlantic City casino revenue falls 12 pct in April
(Atlantic City) -- Revel started off slowly last year , and things have gotten worse since then. A week before it is expected to emerge from bankruptcy court, Atlantic...
article Atlantic City casino revenue falls 12 percent in April
(Atlantic City) -- Atlantic City’s 12 casinos were looking for a recovery in their gambling revenue this spring following a dismal winter. They didn’t get it.
article BRENNAN: Stock market’s up, gas prices down, Atlantic City – not up
(Atlantic City) -- What’s the forecast for southern New Jersey this summer? According to speakers at the Jersey Shorecast at Richard Stockton College of New Jersey...
article Atlantic City Mayor Says Christie Has Been No Help to Gaming
(Atlantic City) -- As a former dealer and pit boss on the Boardwalk, Mayor Lorenzo Langford is committed to seeing the city’s casino industry recover, despite his...

5/7/2013

article Atlantic City casinos continue their losing ways
(Atlantic City) -- Atlantic City's 12 casinos, which have struggled for years in the wake of heightened competition from neighboring states, suffered a setback in...
article Sandy Blamed for Drop in Casino Revenue
(Atlantic City) -- Hurricane Sandy is being blamed for New Jersey having the largest decline in casino revenue for 2012.

5/6/2013

article NJ Casino Revenue Falls, Despite National Increase
(New Jersey) -- Commercial casinos in the U.S. have made it almost all the way back from the hard times of the Great Recession.
article NJ casino revenues decline again; largest drop in country, report says
(New Jersey) -- New Jersey suffered the largest drop in casino tax revenues of any state in the country at 8.2 percent, according to the annual “State of the...
article Report says national casino markets recovering from recession, but Atlantic City struggled in 2012
(New Jersey) -- Most of the nation’s casino markets have finally recovered from the recession, propelling revenue from slot machines and table games to near-record...

4/29/2013

article Are 12 Atlantic City casinos too many?
(Atlantic City) -- At a recent gaming conference, a well-respected market analyst commented on the number of casinos operating in Atlantic City and their declining...

4/18/2013

article Atlantic City Casinos: Are 11 Too Many?
(Atlantic City) -- At a recently held Pennsylvania Gaming Congress conference, a well-respected market analyst commented on the number of casinos operating in Atlantic...

4/16/2013

article Atlantic City’s weaker casinos should close down, analysts argue
(Atlantic City) -- Atlantic City’s recovery from its lengthy slump may depend on some of the weaker casinos going out of business and the survivors benefiting from...
article BRENNAN: Atlantic City’s dirty dozen casinos: can and should all 12 survive?
(Atlantic City) -- One of the long-running surprises to some of the most insightful of followers of Atlantic City’s casino industry is the fact that the 11 longer-...

4/11/2013

article Atlantic City Casinos Down 10.5% To $238m In March
(Atlantic City) -- Atlantic City has released its casino figures for March, revealing a 10.5% decline in revenue to $238.5 million. Of that total, slot machine revenue...
article Atlantic City Gaming Revenues Slump To Start 2013
(Atlantic City) -- Atlantic City gaming revenues fell 12.1 percent for the first three months of 2013 compared to the same period last year, according to figures...
article Gaming changes soften casino-hotel values
(Atlantic City) -- Industry insiders say the recent sale of the Trump Plaza Atlantic City casino hotel for the price of $20 million and the massive Revel resort’s...

4/10/2013

article A.C. casinos suffer a March revenue dip
(Atlantic City) -- Atlantic City's dozen casinos generated $238.5 million in total gaming revenue last month, down 10.5 percent from March 2012, when 11 casinos...
article Atlantic City casino revenue down double digits in March
(Atlantic City) -- Atlantic City gambling revenue plunged nearly 11 percent in March, marking the third straight month of double-digit declines in a market still hurting...
article Atlantic City’s Casinos See Another Bad Month
(Atlantic City) -- Atlantic City’s casinos saw their gambling revenue fall by 10.5 percent in March compared with a year ago. The 12 casinos took in $238.5 million...
article Casino Revenue tumbles in March
(Atlantic City) -- This is not the kind of March madness Atlantic City was hoping for. The resort town’s 12 gambling houses saw their casino revenue fall by 10.5...

4/9/2013

article Atlantic City ready to 'Do' it again
(Atlantic City) -- Are you willing to "Do AC" again? Last year, the Atlantic City Alliance launched a $20 million advertising campaign "Do Anything. Do...

4/6/2013

article Atlantic City growing in fun other than gambling, new data show
(Atlantic City) -- Although it’s not quite an epic shift yet, the local economy is making a slow turn away from being a purely gambling-centric town to one...

4/5/2013

article Atlantic City Heartache: Casinos in 7th Year of Profit Decline
(Atlantic City) -- Atlantic City’s moneymaking casinos saw their profit fall by more than 27 percent last year. After having to be closed for a week during the...

4/4/2013

article Atlantic City Casino Profits Down 27% To $360m In 2012
(Atlantic City) -- Throughout 2012, Atlantic City casinos generated $3.05 billion in revenue, down 8% from the previous year. Now, the New Jersey Casino Control...
article Atlantic City Casino Profits Drop 28 Percent for 2012
(Atlantic City) -- Hurricane Sandy punished the Atlantic City casinos in the fourth quarter of 2012, leaving the industry with an $18.5 million operating loss compared...
article Gaming revenue falters, but casino retail, restaurants see gains
(Atlantic City) -- Casino gambling revenue may be down by more than 27 percent in Atlantic City, but third-party businesses located within the casinos are thriving.
article NJ casinos profits fell 27 percent in 2012
(Atlantic City) -- Atlantic City's casinos saw their profit fall by more than 27 percent last year, even as revenue from non-gambling sources inched upward.

4/3/2013

article AC casino profits fell 27 percent in 2012, hurt in part by Sandy; other revenues rose
(Atlantic City) -- Atlantic City's casinos saw their gross operating profits fall by more than 27 percent last year, even as revenue from non-gambling sources inched...
article Atlantic City casino operating profits fell 28 percent in 2012
(Atlantic City) -- Casino operating profits plunged nearly 28 percent last year as the sluggish economy, competition from surrounding states and Hurricane Sandy’s...
article Casino buses lead decline in traffic to Atlantic City, data show
(Atlantic City) -- While every mode of transportation has seen decreases in visits to Atlantic City, casino bus traffic has had one of the longest stretches of decline,...

3/28/2013

article A.C.'s bet is on non-gaming amenities
(Atlantic City) -- Atlantic City casino revenue dropped more than 12 percent in February compared to the same month last year. Revel, the $2.4 billion lifestyle and...

3/26/2013

article Report finds encouraging signs in Atlantic City
(Atlantic City) -- Casino gaming numbers remain problematic, but tourism officials believe Atlantic City's transformation into a destination resort is becoming a...

3/18/2013

article Casino data hint of post-Sandy rebound
(Atlantic City) -- Atlantic City’s February gambling revenue may be one of the first signs that Hurricane Sandy’s effects on the industry is lessening.

3/11/2013

article Atlantic City casino revenue down 12.5 pct in Feb
(Atlantic City) -- Atlantic City's casinos took in 12.5 percent less from gamblers in February than they did a year ago. Figures released Monday by the state...
article Atlantic City casino revenue down 12.5 pct in Feb
(Atlantic City) -- In a pretty dismal month for Atlantic City's casinos, there was some good news: the struggling Revel might be turning things around.
article Atlantic City Casino Revenue Drops as Christie Bets on Internet
(Atlantic City) -- Atlantic City casino revenue fell more than 12 percent in February, continuing a downward spiral that New Jersey Governor Chris Christie said may end...
article Atlantic City casino revenue falls nearly 13 percent in February
(Atlantic City) -- Atlantic City has been contending with a sluggish economy and competition from casinos in surrounding states for many months, but February brought yet...
article Atlantic City Gaming Revenues Plunge 13 Percent
(Atlantic City) -- The first two months of this year yielded $417,529,100 in casino win for Atlantic City’s 12 casinos — a 13-percent decrease compared to...
article Atlantic City nongambling revenue reports delayed another month
(Atlantic City) -- Plans to unveil a more detailed reporting system that breaks down streams of nongambling revenue have been deferred another month as officials work to...
article Atlantic City's February gambling revenue down 12.5%
(Atlantic City) -- The dozen Atlantic City casinos reported $212.3 million in total gaming revenue last month, down 12.5 percent from February 2012.
article February casino revenue figures due out Monday
(Atlantic City) -- A snapshot of how well Atlantic City's 12 casinos did in February is due out Monday afternoon. February is traditionally one of the slowest months...
article State blames shorter February for 12.5 percent drop in casino revenue
(Atlantic City) -- Casino revenue fell 12.5 percent in February, according to the Division of Gaming Enforcement, which released its monthly report this afternoon.

3/8/2013

article Atlantic City land sale reflects hard times
(Atlantic City) -- Land is dirt cheap in Atlantic City, just like some of its aging casinos. Gaming insiders say Pinnacle Entertainment Inc.'s deal to sell land it...

3/4/2013

article Borgata revenues, profits decline in hurricane-marred fourth quarter
(Atlantic City) -- Borgata Hotel Casino & Spa’s five-day shutdown for Hurricane Sandy sent its net revenues and operating profits tumbling by double digits in...

2/26/2013

article Amid Revel's struggles, Sandy aftermath, N.J. gaming in flux
(Atlantic City) -- An already fickle New Jersey gaming market was completely upended last year by Superstorm Sandy, causing some big hotel-casino operators to either...

2/22/2013

article Jersey Shore Recovery: Pennsylvania casinos, not Sandy, prove Atlantic City's undoing
(Atlantic City) -- Driving into Atlantic City, something is different. And it has nothing to do with the after-effects of Sandy.

2/18/2013

article Higher payroll taxes a concern for Atlantic City casinos
(Atlantic City) -- Analysts are warning of a setback for casino business nationwide this year because of higher payroll taxes. With more money being taken out of their...

2/14/2013

article Atlantic City casino revenue drops in January
(Atlantic City) -- 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...
article Atlantic City Suffers Double Digit Decline in January
(Atlantic City) -- Atlantic City suffered yet another decline in year over year gaming revenue in January. The gross gaming revenue in January 2013 was $205.6 million.

2/12/2013

article Of Atlantic City's 12 casinos, only one reports an increase in January
(Atlantic City) -- Atlantic City’s casinos began the new year the way they’ve spent most of the past six years: taking in less and less money from gamblers.

2/11/2013

article AC casino revenue down 13-plus percent in January
(Atlantic City) -- Atlantic City's casinos began the new year the way they've spent most of the past six years: taking in less and less money from gamblers.
article AC casino revenue drops over 13 percent in January
(Atlantic City) -- Revenue at Atlantic City's casinos was down more than 13 percent in January compared with the same month a year ago.
article Atlantic City casino revenue down 13 percent in January
(Atlantic City) -- Atlantic City gambling revenue plunged by double digits in January, suggesting that the lingering effects of Hurricane Sandy continue to weigh down...
article Atlantic City casinos gambling revenue dropped 13 percent in January
(Atlantic City) -- Gambling revenue for Atlantic City’s casinos plunged by double figures in January, suggesting that lingering effects from Hurricane Sandy...
article Atlantic City officials see positive signs from nongambling attractions
(Atlantic City) -- Statistics released Monday that track Atlantic City’s nongambling offerings are encouraging, officials said, even though the resort’s...
press release DGE Announces January 2013 Casino Win Results
(New Jersey) -- Based upon filings with the Division of Gaming Enforcement, total casino win fell 13.2 percent in January 2013 to $205.6 million. Table game win...

1/23/2013

article Atlantic City casinos may benefit from Sandy reconstruction workers
(Atlantic City) -- Parts of Louisiana were left in ruins after Hurricane Katrina struck in 2005, but the casino industry there also benefited from the storm’s...

1/21/2013

article Atlantic City’s Chance To Recover [AUDIO]
(Atlantic City) -- If Atlantic City wants to regain some losses and latch on to the momentum it needs to become the powerhouse it used to be, the time to act is now. The...

1/17/2013

article BRENNAN: Atlantic City loses its runnerup casino dollars status to Pennsylvania
(Atlantic City) -- Pennsylvania began nosing out New Jersey in 2011 as the No. 2 gambling market in the country in 2011, and Thursday’s release of the 2012...
article New Jersey Casinos Fall Behind Pennsylvania
(New Jersey) -- The end of 2012 may have brought challenges to New Jersey, but it also went on to affect casinos in the state. Over the last year Pennsylvania passed New...

1/16/2013

article Atlantic City officials roundtable meeting with media in Philadelphia underway
(Atlantic City) -- Atlantic City officials are meeting with the media today in Philadelphia to discuss the results of a new national tourism poll and ways to attract...
article Atlantic City tourism officials continue push to correct national misperceptions of resort after Hurricane Sandy
(Atlantic City) -- Atlantic City will crank up the publicity machine to lure tourists back to a resort town that suffered far less hurricane damage than many other shore...

1/13/2013

article Atlantic City casinos end 6th straight down year
(Atlantic City) -- Atlantic City's casinos endured a sixth straight year of plunging revenues in 2012, taking in just over $3 billion. Since 2006, when the city'...

1/12/2013

article Atlantic City Casino Revenue Down 8% To $3.05bn In 2012
(Atlantic City) -- The New Jersey Division of Gaming Enforcement has released its casino figures for 2012 revealing a disappointing 8% decline in revenues to $3.05...
article Revel Debt Falls to Record Low as Atlantic City Revenue Dips
(Atlantic City) -- Prices of the $850 million loan used to finance the construction of Revel Entertainment Group LLC, the newest casino in Atlantic City, fell to a...

1/11/2013

article Another year of decline in 2012 for Atlantic City gaming
(Atlantic City) -- There has been a steady, debilitating decline in revenue for the dozen gambling halls here since Pennsylvania casinos entered the game six years ago.
article Another year of decline in 2012 for Atlantic City gaming
(Atlantic City) -- There has been a steady, debilitating decline in revenue for the dozen gambling halls here since Pennsylvania casinos entered the game six years ago.
article Atlantic City Casino Market Drops 8 Percent In 2012
(Atlantic City) -- Atlantic City’s casino market declined a further 8 percent through 2012, New Jersey regulators said Thursday, as state-wide gaming revenue in...
article Atlantic City casino revenue slumps again
(Atlantic City) -- Atlantic City casinos continued to suffer in December, reporting yet another decline in gambling revenue last month, according figures released...
article Atlantic City Casinos Continue to Struggle [AUDIO]
(Atlantic City) -- The revenues were down eight percent last year. As expected, the ravages of Sandy in October were a major problem. Roger Gros of Global Gaming...
article Atlantic City gambling revenue declined 8 percent in 2012
(Atlantic City) -- Atlantic City’s casino industry, pummeled by Hurricane Sandy and competition from surrounding states, saw gambling revenue fall in 2012 to its...
article Atlantic City casinos were bad bet for hedge funders
(Atlantic City) -- Turns out, the house doesn’t always win. Hedge-fund high rollers who bet big on a comeback for Atlantic City’s casinos are watching their...
article Atlantic City casinos were bad bet for hedge funders
(Atlantic City) -- Turns out, the house doesn’t always win. Hedge-fund high rollers who bet big on a comeback for Atlantic City’s casinos are watching their...
article When it comes to borrowing money, Atlantic City's among the nation's leaders
(Atlantic City) -- Atlantic City sold more general purpose debt per capita than most other governmental entities nationwide during 2012 — including those at state...

1/10/2013

article Atlantic City casinos end 6th straight down year
(Atlantic City) -- Atlantic City's casinos endured a sixth straight year of plunging revenues in 2012, taking in just over $3 billion. Since 2006, when the city'...
article For Atlantic City, $3 billion represents bad news
(Atlantic City) -- The money taken in by Atlantic City casinos fell 8 percent in 2012. But that doesn't come as a surprise. It's hard to believe that $3 billion...
article New Jersey's Atlantic City casino revenues fell 8 pct in 2012
(Atlantic City) -- Revenues for Atlantic City casinos in 2012 fell 8 percent from the previous year to $3.05 billion, the New Jersey Division of Gaming Enforcement...

1/9/2013

article How fall have AC casinos fallen? Stats due today
(Atlantic City) -- For six years now, Atlantic City's casinos have been taking a beating from gambling halls popping up in neighboring states.

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