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Atlantic City Gambling Revenue Continues To Plummet

July Gambling Revenue Down 6.5 Percent Since 2010

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Macau’s gambling revenue is climbing and Las Vegas is more or less holding steady, but Atlantic City continues to see their numbers fall at a staggering rate. Revenue dropped to $340 million in July, roughly a 6.5 percent decrease when compared to July numbers in 2010.

The 11 Atlantic City casinos have been hit hard this calendar year, losing 6.9 percent in gambling revenue overall. The biggest culprit seems to be the increased gaming options in nearby states such as Pennsylvania, Delaware and New York.

Atlantic City reached it’s peak of $5.2 billion in gambling revenue in 2006, but has been steadily decreasing ever since. In 2010, the once popular gambling destination was only able to take in $3.57 billion.

New Jersey government officials are hoping to attract new operators to the city by improving infrastructure and loosening casino regulations.

 
 
 
 

Comments

SevenKidsPoppy
almost 3 years ago

$5 for parking is moronic.

 
Reply
 

MCITY42NY
almost 3 years ago

I know that all AC hotels and casinos charge ridiculous amount of money on weekends and thats when most people want to come and gamble, like myself. I always end up not going because of the high weekend rates.

 
Reply
 

TandG21
almost 3 years ago

Maybe they should loosen their machines a little and stop the
nickle and diming
Also clean up the Taj poker room
Tell the players they have to bath before entering

 
Reply
 
 
 

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