New Jersey Casino Revenues Down 13.2 Pct In Snowy January
ATLANTIC CITY, N.J. (AP) — The blizzard of bad news just won’t go away for Atlantic City, N.J., which saw its casino revenue fall 13.2 percent in January.
Figures released Thursday by the state Casino Control Commission showed the 11 casinos took in $255.4 million, down from $294.2 million last January.
January is never a great month for the casinos, with consumers tapped out after the holidays. But a series of snowstorms, many of them on or including weekends, also kept many gamblers away from the slot machines and table games.
Every casino reported a decline, ranging from 3.5 percent at Harrah’s Resort Atlantic City to 33.1 percent at Trump Plaza Hotel and Casino.
Out-of-state competition and the economic downturn have cost Atlantic City nearly one-third of its casino business over the past four years.
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