Tags: US | AC | Casino | Revenues

Atlantic City Casino Revenue Slide Leveling Off

Monday, 10 May 2010 03:35 PM

Atlantic City's three-year losing streak may finally be coming to an end.

Casino revenues in the nation's second-largest gambling market were down less than 1 percent in April, indicating a prolonged slide may finally be leveling off.

The city's 11 casinos won $311.5 million in April, a decrease of 0.7 percent over the same month a year ago.

Revenue at table games was $95.6 million, an increase of nearly 3 percent. Slot machines brought in $215.8 million, a decrease of 2.2 percent.

For the first four months of the year, casinos won $1.17 billion, down 7.6 percent from the same period in 2009.

Atlantic City has been in a prolonged revenue slump since the first slots parlors opened in late 2006 in neighboring Pennsylvania.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
Markets
Atlantic City's three-year losing streak may finally be coming to an end.Casino revenues in the nation's second-largest gambling market were down less than 1 percent in April, indicating a prolonged slide may finally be leveling off.The city's 11 casinos won $311.5 million...
US,AC,Casino,Revenues
124
2010-35-10
Monday, 10 May 2010 03:35 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved