Atlantic City’s casinos took another HIT last month as the recession bit deeper.
Figures from the New Jersey Casino Control Commission show the resort’s combined revenue was down 9.4 PER CENT on the previous January, with slots hit harder than table games.
‘No Surprise’
Playing down the significance of the fall, commission spokesman Dan Heneghan Atlantic City was being hit as hard as other US centres.
“Just in the last few days, Illinois and Indiana reported that they’re down significantly,” he said.
“Las Vegas, which is a month behind in reporting revenues, had declines for the first 11 months of 2008 and I wouldn’t be surprised if they were down in December, too.”
Teetering
The fall is an improvement on the figures for December which — at a fall of 18.7 per cent — were the WORST in Atlantic City’s history.
Several Atlantic City casinos are said to be cose to the edge, including Donald Trump-owned properties and the Tropicana Casino and Resort, which may be sold off in a bankruptcy auction.