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Atlantic City Casino Revenue Up For First Time In Over Three Years
Few things feel better in a gambler's paradise than the end of a long losing streak. And that's what Atlantic City has just experienced. Atlantic City Revenue5/11/2012
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AC casinos down 10 pct. in April; Revel places 8th
(Atlantic City) -- Revel, the $2.4 billion casino resort widely seen as Atlantic City's best hope of survival, trailed most of its competition in its first month of...
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Atlantic City's Revel Casino Has $13.4 Million in Revenue During First Month
(Atlantic City) -- After opening in early April, Revel Casino in Atlantic City saw revenues of $13.4 million — placing it near the bottom of the city’s 12...
5/10/2012
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Despite Revel’s opening, Atlantic City casino revenue falls 10 percent in April
(Atlantic City) -- The new $2.4 billion Revel megaresort was not enough to propel Atlantic City’s casino industry to higher revenue in April.
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Of Bruce Springsteen and casino revenue
(Atlantic City) -- Bruce Springsteen recorded those lyrics as part of an uplifting ballad called "Atlantic City" in 1982. A look at today's headlines shows...
5/9/2012
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Revel won $13M in 1st month
(Atlantic City) -- Atlantic City's newest casino won about $13 million from gamblers in its first month of operation, ranking it near the bottom of the city's...
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Revel won just $13.4 million from gamblers in first month
(Atlantic City) -- Revel, the $2.4 billion megaresort that was expected to be the city’s dominant new casino, had just $13.4 million in gambling revenue in April...
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Atlantic City trails nation in casino growth, new report says
(Atlantic City) -- Casino gambling continues a slow and steady post-recession recovery across the country, although Atlantic City remains mired in a revenue slump as...
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Casino Revenue Up Nationwide, Big Drop In NJ
(New Jersey) -- While casino revenue is up nationwide in 2011, the news is not so good for New Jersey, where gambling revenue fell 7%.
4/17/2012
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New Jersey Says March Revenue Fell on Shrinking Casino Taxes
(New Jersey) -- New Jersey’s casino tax revenue continued to drop in March as the state collected 12 percent less than a year earlier, the Treasurer said.
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OP/ED: It's clear that Atlantic City's future is bleak
(Atlantic City) -- Fueled by hoped-for (needed) big tax increases, a casino craze is right now sweeping through New England and many neighboring eastern seaboard states.
4/10/2012
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A.C. casino revenue sagged in March
(Atlantic City) -- Mild weather and a new casino didn’t provide much help for Atlantic City’s casinos, whose revenue fell 5 percent last month.
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Atlantic City casino revenue falls 5 percent in March
(Atlantic City) -- Some unusually mild weather, a friendly calendar and a little boost from Revel were not enough to push casino revenue higher in March.
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March casino revenue figures released today
(Atlantic City) -- The casino industry will learn today whether some unusually mild weather, a friendly calendar and a little boost from Revel helped push revenue higher...
4/4/2012
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AC casino profits fall 7.4 percent in 2011
(Atlantic City) -- Atlantic City's casinos saw their gross operating profits decline by 7.4 percent last year, to just under $495 million.
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Atlantic City casino losses slow dramatically in 2011
(Atlantic City) -- Local casino profits continued to fall in 2011, but the 7.4 percent drop was far less drastic than the 27 percent decline in 2010, statistics released...
3/21/2012
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Christie Casino Glut Depresses Borgata Bonds: Corporate Finance
(Wall Street) -- New Jersey Governor Chris Christie is failing to convince credit investors that Atlantic City will be able to sustain another casino as the bonds of its...
3/15/2012
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A double-barreled bummer for AyCee
(Atlantic City) -- Mr. Bad News came a-knock-knock-knockin' on Atlantic City's door today with word that New York Gov. Andrew Cuomo is championing legislation...
3/10/2012
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Atlantic City casino struggles continue
(Atlantic City) -- In spite of extensive attention being paid by Governor Christie and the state Legislature in Trenton, the Atlantic City casino industry has yet to...
3/9/2012
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A.C. casinos log another weak month
(Atlantic City) -- Atlantic City's 11 casinos continued their downward spiral last month, reporting $242.7 million in revenue - a 5.9 percent decrease from last...
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Atlantic City casino revenue drops by 6 percent in February
(Atlantic City) -- Blackjack whiz Don Johnson added to his incredible winning streak in February, scorching Tropicana Casino and Resort for $2 million during a month...
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February casino revenue figures due today
(Atlantic City) -- Casinos are hoping that an extra day - Leap Year day - in February and some unusually mild weather were enough to boost business in the nation’s...
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No thaw for AC casino revenue, down 5.9 pct in Feb
(Atlantic City) -- Unseasonably warm temperatures did little to thaw Atlantic City's casino revenue deep freeze in February, with revenue declining by 5.9 percent...
3/7/2012
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As casino-hotel room rates drop, critics worry about Atlantic City’s future
(Atlantic City) -- Some of Atlantic City’s 17,000 casino-hotel rooms can be had for as little as $19 per night in the waning weeks of winter and in early spring.
3/1/2012
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Reinventing Atlantic City
(Atlantic City) -- A massive white sphere resembling a golf ball sits atop the newly built Revel casino, arousing the curiosity of anyone who sees it.
2/13/2012
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Atlantic City’s Briefest Of Winning Runs Ends
(Atlantic City) -- Atlantic City’s brief winning streak lasted just one month, with revenues once again heading on a downward trajectory in January, according to...
2/11/2012
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Atlantic City casino gaming revenue drops 7 percent in January
(Atlantic City) -- Hopes for a sustained recovery in the city’s casino market sputtered in January, when gaming revenue fell 7 percent despite some tourist-...
2/10/2012
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Atlantic City casino revenues fall 7 percent in January
(Atlantic City) -- Casino revenue fell 7 percent in January, depriving the Atlantic City gaming industry of its first back-to-back monthly increase since late 2006.
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Casino revenue sags again
(Atlantic City) -- Revenue at Atlantic City’s casinos fell 7.2 percent in January, dashing hopes that a surprising increase the month before might be the start of...
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January revenue numbers sag again for AC casinos
(Atlantic City) -- Warm weather in January was offset by a cold streak at the gambling tables for Atlantic City's casinos, whose revenue fell 7.2 percent last month.
1/13/2012
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Atlantic City Casino Revenue Up For First Time In Over Three Years
(Atlantic City) -- Few things feel better in a gambler's paradise than the end of a long losing streak. And that's what Atlantic City has just experienced.
1/10/2012
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A.C. casinos post first upswing since 2008
(Atlantic City) -- Propelled by more favorable winter weather and an extra weekend day in December, Atlantic City's 11 casinos recorded a revenue increase last month...
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AC Casinos Still Losing Money
(Atlantic City) -- The year 2011 ended just the way the four years preceding it did: with Atlantic City's casinos taking in less money than they had the year before...
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Atlantic City casino revenue up in December, ending 40-month decline; 2011 still saw revenue fall
(Atlantic City) -- Casinos posted higher gaming revenue in December, marking the first time in 40 months the local industry has moved upward.
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Casino revenue up in December, ending 40-month decline; 2011 still saw revenue fall
(Atlantic City) -- The casinos ended an otherwise difficult year by posting higher revenue in December - the first time in 40 months the market has moved upward.
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December profits at Atlantic City casinos were up but otherwise a down year
(Atlantic City) -- Based upon filings made public Tuesday by the state Division of Gaming Enforcement, total Atlantic City casino win rose 4.2 percent in December to $...
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Losing streak over: Atlantic City casino win up in December
(Atlantic City) -- Few things feel better in a gambler's paradise than the end of a long losing streak. And that's what Atlantic City has just experienced.
12/18/2011
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Pennsylvania and Atlantic City at Neck to Neck Gambling Revenues
(Pennsylvania) -- For the first time in history, gambling revenues brought in by the state of Pennsylvania surpassed those by New Jersey last month.
12/9/2011
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A.C. casino revenues continue decline
(Atlantic City) -- Total revenues for Atlantic City's 11 casinos declined last month 6.3 percent from a year ago to $245.1 million. The decrease continued a streak...
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AC casino revenues fall 6.3 percent in November
(Atlantic City) -- Atlantic City's casinos took in $245.1 million in November, a decline of 6.3 percent from a year ago.
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Atlantic City gaming executives say 6 percent decline in revenue not due to New York City racetrack
(Atlantic City) -- If you think New York was to blame for Atlantic City’s troubles last month — fuhgeddaboudit.
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Atlantic City's casino revenue declines 6 percent in November
(Atlantic City) -- Winnings from slot machines and table games fell 6 percent in November, extending Atlantic City’s casino revenue slide to 39 straight months.
12/7/2011
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Study: Atlantic City casino revenue will decline through 2015
(Atlantic City) -- Atlantic City gaming revenue will continue to fall through 2015, eventually bottoming out at $2.8 billion annually, a new research report grimly...
11/20/2011
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Atlantic City Casino Revenue Down 8% To $262m In October 2011
(Atlantic City) -- Atlantic City has posted its casino gambling figures for October revealing an 8% fall in revenue to $262 million, down from the $284 million it...
11/17/2011
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AC casino operating profits down 13.2 pct in Q3
(Atlantic City) -- Atlantic City's casinos saw their gross operating profits fall by more than 13 percent in the third quarter of this year, hurt by a three-day...
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Atlantic City casino earnings fall 13 percent
(Atlantic City) -- Casino earnings dropped more than 13 percent during the third quarter this year compared to 2010, financial reports released Thursday show.
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Atlantic City's third-quarter casino revenue drops 9 percent
(Atlantic City) -- Third-quarter casino revenue dropped 9 percent this year compared to 2010, financial reports released this afternoon by the state Division of Gaming...
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