Contact Us

Atlantic City Casinos Post Revenue Increase [AUDIO]

Matthew White, Townsquare Media

After three-and-a-half years of steady decline, Atlantic City casino revenues actually increased during the month of December. Slot machine revenues increased, but table gaming fell in December. The city’s 11 casinos took in $246.5 million in December. Nevertheless, overall revenues were up. Roger Gros of, “Global Gaming Business” magazine says for one thing, the weather this December was far better than the heavy snow and cold of December 2010. Gros also emphasizes that the non-gaming revenues that the casinos are bringing in, and all of the businesses in Atlantic City are bringing in are much more important at this point. He says it is much more important at this point that we increase those revenues.

Gros says Atlantic City is evolving into a shopping and tourist destination. He says the fact casino revenues increased for one month does not change the way we should look at Atlantic City’s future enterprise, with casinos just one piece of that puzzle.

For the year, though, Atlantic City’s casinos won $3.3 billion, which is down 6.9 percent from 2010. It marked the fifth year in a row that Atlantic City casino revenue has declined, hurt by competition from casinos in neighboring states, and the continuing economic uncertainty.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

More from WOBM AM

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wobmam.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on WOBM-AM 1160 & 1310 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on WOBM-AM 1160 & 1310 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!