Atlantic City casino revenue down 9% in May

Misery loves company. A day after Nevada casinos reported a return to negative numbers, Atlantic City casinos have joined them at the bar to commiserate. Revenues were down 9% at the city’s 11 casinos, dashing hopes that AC’s troubles had leveled off when April’s figures flirted with the break-even point. “Everyone’s feeling the same pain,” says a Harrah’s exec. Just wait until tomorrow’s hangover, fellas. Read more.