As New Jersey politicians plan a brainstorming session to figure out how to resuscitate Atlantic City’s dying casinos, they might want to dust off those old college economics textbooks and re-read the portion marked ‘Supply v. Demand.’ The recent flurry of states expanding their gaming options has left a serious glut of casino floor space across the entire eastern seaboard, with only Maine, Florida and Pennsylvania having increased their number of slot machines over the past year. Hey, wanna bet those Jersey pols find a way to pin the blame on Calvin Ayre for his plans to market the Slots.com brand? Read more.
Atlantic City casino revenues down 2.7 percent
August 15, 2017