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Gaming Analysts See Saturation Point In Atlantic City [sub req'd]
Gaming analysts are pondering whether certain casino markets have passed saturation point amid a slowly recovering economy and a continuing stream of new supply, such as Revel in Atlantic City.  Atlantic City Revenue5/16/2013
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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
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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
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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...
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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...
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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.
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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...
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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
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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...
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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
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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.
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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...
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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
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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
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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
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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...
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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
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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...
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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...
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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
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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...
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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...
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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...
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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
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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
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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
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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
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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...
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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...
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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.
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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
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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...
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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...
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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
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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
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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
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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
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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...
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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.
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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...
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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...
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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...
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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...
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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.
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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...
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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
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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
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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
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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
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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
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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
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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...
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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
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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
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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.
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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.
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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...
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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...
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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...
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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
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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
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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
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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...
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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
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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...
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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
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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
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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...
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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
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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.
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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.
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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...
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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...
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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...
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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...
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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...
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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...
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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
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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'...
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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...
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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
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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.
12/21/2012
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NJ says storm pushed down revenue for November
(New Jersey) -- New Jersey officials say Superstorm Sandy held down state revenues for November as people cut back on driving, shopping and gambling.
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With Gambling Expansion in Mid-Atlantic, ‘Atlantic City is Dying’
(Atlantic City) -- When Superstorm Sandy put Atlantic City under water, it dealt another blow to a city already reeling financially from the economic downturn and recent...
12/20/2012
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New Jersey Casino Revenues Lag Post-Sandy
(New Jersey) -- New Jersey revenues will have to rise by nearly 12% to meet targets under Gov. Chris Christie’s $32 billion budget, according to a legislative...
12/12/2012
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Atlantic City Gaming Revenue Down 27.9% in November
(Atlantic City) -- The New Jersey Division of Gaming Enforcement (DGE) announced that Atlantic City gross gaming revenues were down 27.9% in November. The DGE blamed...
12/11/2012
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BRENNAN: Atlantic City casinos: can the news get any worse?
(Atlantic City) -- The collective revenue for Atlantic City casinos in November fell a record 28 percent, as a general malaise in the industry got an extra kick in the...
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Sandy casino loss sets record
(Atlantic City) -- Superstorm Sandy came ashore near Atlantic City in October, but in November the storm led to the biggest monthly drop in casino revenue in the city...
12/10/2012
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Gaming and Non-Gaming revenue down in Atlantic City
(Atlantic City) -- Atlantic City is still feeling the impact of Hurricane Sandy as the storm leaves a major mark on the city's revenue numbers for gaming and non-...
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Sandy causes record drop in NJ casino revenues
(Atlantic City) -- Superstorm Sandy led to the biggest monthly drop in casino revenue in the 34-year history of legalized gambling in Atlantic City, N.J.
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Sandy contributes to record 28 percent decline in November casino revenue
(Atlantic City) -- Hurricane Sandy clobbered the Atlantic City casino market again in November, helping send revenue to the biggest monthly decline in the resort’s...
12/7/2012
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Signs of Optimism for Atlantic City Casinos
(Atlantic City) -- Atlantic City's casinos likely will take months, not years, as some fear, to recover from Hurricane Sandy, top executives predicted Wednesday in a...
12/5/2012
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Casinos showing some signs of quicker-than-expected post-Sandy recovery
(Atlantic City) -- Atlantic City’s casinos likely will take months, not years, as some fear, to recover from Hurricane Sandy, top executives predicted Wednesday in...
11/26/2012
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Atlantic City's Casino Zone Struggles To Win Back Its Sandy Losses
(Atlantic City) -- Like any gambler who has taken a hit, Atlantic City is back at the tables in an effort to help its tourism industry recover from Hurricane Sandy. NY1...
11/25/2012
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Atlantic City: how long can the struggling casinos hold on?
(Atlantic City) -- For the past several years, the prevailing analysis has been unchanged: at least one of Atlantic City’s ailing casino properties is bound to...
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Some Atlantic City Casinos May Not Survive Hurricane Sandy Aftermath
(Atlantic City) -- Analysts are questioning whether all 12 of Atlantic City’s casinos will end up surviving Hurricane Sandy, even though their buildings were...
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Atlantic City casinos seeing Hurricane Sandy's effect on nightlife during key holiday tourism season
(Atlantic City) -- As Atlantic City continues to struggle to recover from Hurricane Sandy, the storm has complicated concert bookings and resulted in cutbacks on casino...
11/24/2012
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Most Atlantic City casino earns up, but not Revel
(Atlantic City) -- The good news for Atlantic City? The 11 casinos that were in operation last summer saw their profits increase by 2.3 percent in the third quarter of...
11/23/2012
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Third-quarter gross operating profits fall 18 percent in Atlantic City casinos
(Atlantic City) -- Atlantic City's casinos saw a 17.9 percent decrease in gross operating profit during the third quarter of 2012 compared to the same period in 2011...
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Revenues continue to trail projections
(Atlantic City) -- State revenues continued to trail expectations in October as the first affects of Superstorm Sandy were felt on the state's collections last month.
11/22/2012
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Revel Casino Weighing On Atlantic City Casino Revenues
(Atlantic City) -- Revel Casino Weighing On Atlantic City Casino RevenuesThe gambling market in Atlantic City seems to be finally looking up after the state Division of...
11/21/2012
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3rd quarter NJ casino earnings up, excluding Revel
(Atlantic City) -- The good news for Atlantic City? The 11 casinos that were in operation last summer saw their profits increase by 2.3 percent in the third quarter of...
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Atlantic Casino industry sees third quarter gross operating profits dip 18 percent
(Atlantic City) -- Atlantic City’s casino industry saw its third quarter gross operating profits decline by 18 percent and its net revenue inch up by nearly 2...
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Third-quarter gross operating profits fall 18 percent in Atlantic City casinos
(Atlantic City) -- Atlantic City's casinos saw a 17.9 percent decrease in gross operating profit during the third quarter of 2012 compared to the same period in 2011...
11/19/2012
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AC Back in Business After Storm
(Atlantic City) -- Atlantic City is alive and well – and eager to dispel the notion that New Jersey’s entertainment capital had folded its hand in the wake...
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Aftermath of Sandy is hurting Atlantic City casinos, whose profits plunged by 20 percent in October
(Atlantic City) -- A small crowd waited to get inside the Atlantic Club Casino Hotel when it reopened the morning of Nov. 5 after a weeklong shutdown caused by Hurricane...
11/14/2012
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Sandy smites A.C. casino revenues
(Atlantic City) -- This resort's casinos are struggling to deal with the aftermath of Sandy by laying off workers, cutting the hours of others, and making still...
11/12/2012
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Hurricane Sandy Causes Worst Revenue Drop In Atlantic City History
(Atlantic City) -- Hurricane Sandy, otherwise known as the superstorm, didn’t do much structural damage to Atlantic City’s casinos, but she did manage to put...
11/11/2012
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Sandy sends AC casinos to worst revenue drop ever
(Atlantic City) -- Superstorm Sandy battered the Atlantic City casinos' revenue last month, causing the biggest monthly decline ever. Yet the powerful storm left the...
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Sandy shutdown wrecks AC casino revenue; resort OK
(Atlantic City) -- Superstorm Sandy decimated Atlantic City's casino revenue at the end of last month. Yet the powerful storm left the 12 gambling halls virtually...
11/10/2012
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Atlantic City casino revenue walloped by Sandy
(Atlantic City) -- Hurricane Sandy walloped the dozen casinos here, which reported a nearly 20 percent decline last month in total gambling revenue compared with October...
11/9/2012
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Atlantic City casinos are fine after Sandy, but October revenue figures will be ugly
(Atlantic City) -- Superstorm Sandy decimated Atlantic City's casino revenue at the end of last month. Yet the powerful storm left the 12 gambling halls virtually...
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Casinos see 20 percent revenue drop in October, partly because of Hurricane Sandy
(Atlantic City) -- The four-day shutdown of the Atlantic City casino industry contributed to a 20 percent decrease in October gambling revenues, according to the...
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Sandy also blew away N.J. gambling revenue
(Atlantic City) -- In addition to damaging homes and flooding parts of its transportation system, Hurricane Sandy blew away a good chunk of Atlantic City's gambling...
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Sandy sends AC casinos to worst revenue drop ever
(Atlantic City) -- Superstorm Sandy battered the Atlantic City casinos' revenue last month, causing the biggest monthly decline ever.
11/6/2012
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Atlantic City casino revenue, profits to suffer in wake of Sandy, Moody's says
(Atlantic City) -- Casino revenue and profits will plunge in the months ahead amid the lingering impacts of Hurricane Sandy on the Atlantic City gambling market,...
10/23/2012
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Atlantic City sees its credit outlook upgraded
(Atlantic City) -- Standard & Poor's Ratings Services has upgraded Atlantic City’s credit outlook to stable from negative due to the municipality’s...
10/19/2012
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Study: Atlantic City casinos should comp travel expenses
(Atlantic City) -- The news about the Atlantic City gaming market is bad. Again. September's gaming revenue numbers were down 6.3% compared to September of last year.
10/12/2012
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Atlantic City casinos see room occupancy rise by 11 percent for summer
(Atlantic City) -- Atlantic City casinos saw an 11 percent increase in the number of rooms occupied this summer compared with last summer, according to data released...
10/10/2012
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Atlantic City casino revenue falls 6 percent in September
(Atlantic City) -- Revel, the $2.4 billion luxury megaresort that has struggled to attract gambling customers, took a step backward in September amid another month of...
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Atlantic City Casino Revenue Falls Again In September [AUDIO]
(Atlantic City) -- Atlantic City’s casinos saw another revenue drop in September, and that included the newest player in town. Casino revenue in Atlantic City fell...
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Atlantic City casinos' gaming revenue off over last September
(Atlantic City) -- Atlantic City's dozen casinos posted a 6.3 percent decline in gambling revenue in September compared with a year ago. It was the first post-peak-...
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Atlantic City’s casino revenue figures due out
(Atlantic City) -- Revenue figures due to be released Wednesday afternoon will show how Atlantic City’s newest casino is faring six months since it opened.
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Borgata bucks the odds, fends off Revel
(Atlantic City) -- AT THE time, it looked like the safest bet in Atlantic City. Before the April 2 "soft" opening of the $2.4 billion Revel mega-resort, the...
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Casino revenue falls in September
(Atlantic City) -- Atlantic City gambling revenue fell 6 percent in September, denying the casino industry its first back-to-back months of gains this year.
9/29/2012
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Reinventing Atlantic City
(Atlantic City) -- It seems a monumental task: Shrug off 34 years of marketing this place as Las Vegas with a boardwalk and rebrand it as world-class destination with a...
9/16/2012
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Inquirer Editorial: Atlantic City needs more than gambling, shopping
(Atlantic City) -- 'If you're satisfied with what's going on in Atlantic City now, you need your head examined." That's what Gov. Christie said in...
9/11/2012
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Clouds Brighten Over Atlantic City Casinos in August
(Atlantic City) -- If you listen closely, you can hear a collective sigh of relief from new kid in town Revel and all the way down to the Atlantic Club (formerly the...
9/10/2012
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AC Casinos Enjoy Rare Bump
(Atlantic City) -- Free from having to deal with hurricanes this year, Atlantic City's casinos saw their revenues increase by 12.6 percent in August, a rare ``up...
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Casino revenue climbs 13 percent in August
(Atlantic City) -- Hurricane-free weather and the newly opened Revel megaresort gave Atlantic City’s struggling casino industry its first monthly revenue increase...
8/28/2012
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The Fall and Rise of Atlantic City
(Atlantic City) -- In truth, the decline in Atlantic City started long before the first decline in annual casino revenues in 2006. After all, the establishment of...
8/21/2012
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MULSHINE: Reese Palley revels in his predictions about A.C.
(Atlantic City) -- I am, perhaps, the most prominent defender of Jersey Shore locals. So it pains me to say this, but Reese Palley was right.
8/13/2012
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Atlantic City Casino Revenue Continues To Fall
(Atlantic City) -- Atlantic City continues to be hit hard by growing competition in neighboring states after taking in only $308.2 million in July, a 9.5 percent drop in...
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Atlantic City Casino Revenue Continues to Fall- Down 10 Percent for July
(Atlantic City) -- Local Marketing Expert Blames Casino’s Poor Marketing Strategies. Atlantic City gambling revenue has dropped from a high of $5.2 billion in 2006...
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Atlantic City Revenue Down 9.5% To $308.2m In July
(Atlantic City) -- Atlantic City Revenue Down 9.5% To $308.2m In JulyAtlantic City’s woes seem set to continue after posting its financial figures for July,...
8/12/2012
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Casino revenue tumbles in July
(Atlantic City) -- Even with its newest gleaming casino bringing in more money, Atlantic City's lengthy losing streak stretched into July. The city's casinos won...
8/11/2012
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Atlantic City Non-Casino Business Holds Steady in July While Visitor Interest Remains Strong
(Atlantic City) -- Despite gaming volumes struggling due to regional competition, Atlantic City’s non-gaming indicators are pointing up. Once again, use of the...
8/10/2012
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Atlantic City casino revenue drops nearly 10 percent in July
(Atlantic City) -- A five year trend in declining gambling revenue appears to have continued through July with monthly casino winnings falling by nearly 10 percent, the...
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Atlantic City casinos take another dive in July
(Atlantic City) -- Even with its newest gleaming casino bringing in more money, Atlantic City's lengthy losing streak stretched into July.
7/11/2012
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Atlantic City Casino Revenue Static At $275 Million In June
(Atlantic City) -- Atlantic City’s 12 casinos have posted fairly static results in June, with revenue declining by just 0.6% to $274.7 million. Overall, AC’s...
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Atlantic City gambling revenue numbers are in for month of June
(Atlantic City) -- The numbers are in for Atlantic City's monthly casino revenue rankings and the city's newest mega resort has yet to move up the charts.
6/12/2012
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Atlantic City casino revenue down 10 percent in May
(Atlantic City) -- Atlantic City’s casino gambling revenues dropped 10 percent in May compared with the same month last year, continuing a downward trend even with...
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Atlantic City Casino Revenue Down 9.5% To $263 Million In May
(Atlantic City) -- Atlantic City Casino Revenue Down 9.5% To $263 Million In MayAtlantic City has released its casino revenue figures for May, revealing a 9.5% decline...
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Tourism flat in Atlantic City despite Revel’s opening
(Atlantic City) -- Despite the hype around the opening of the city's newest casino and the "Do AC" advertising campaign, Atlantic City's nongaming...
6/11/2012
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Atlantic City casino revenue down 10 percent in May
(Atlantic City) -- Atlantic City Casino revenues fell nearly 10 percent in May compared to the same month last year, the state Division of Gaming Enforcement said today.
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Atlantic City’s May Revenues Disappoint, Especially For Revel
(Atlantic City) -- May’s Atlantic City casino revenue numbers were disappointing. But the biggest disappointment came from the newest casino, where a lot a hopes...
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Casino revenue figures for May due out today
(Atlantic City) -- Highly anticipated monthly casino revenue figures for May are set to be released today by the state Division of Gaming Enforcement.
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May Atlantic City Casino Revenues “Disappoint”
(Atlantic City) -- Revenues for Atlantic City’s 12 casinos last month fell 9.5 percent, and totaled 263-million dollars. But all eyes were on the brand new Revel....
5/22/2012
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Gaming Analysts See Saturation Point In Atlantic City [sub req'd]
(Atlantic City) -- Gaming analysts are pondering whether certain casino markets have passed saturation point amid a slowly recovering economy and a continuing stream of...
5/17/2012
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Atlantic City casinos see nearly 17 percent increase in gross operating profits during first quarter
(Atlantic City) -- Casino earnings climbed 17 percent industrywide in the first quarter, with increases in nongambling revenue and higher hotel occupancy.
5/11/2012
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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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