CASINO

Atlantic City’s fortunes continue to deteriorate in September

TAGs: Atlantic City, Pennsylvania, revenue

Atlantic-City-SeptemberWhile numbers (and hopes) were up in Las Vegas for the month of August, there’s no such ‘green shoots’ poking through the cracks in Atlantic City’s faded boardwalk. September numbers show the troubled town’s casino gambling revenue plunged another 12%. Slot machine revenue was off 9.9%, while table games contributed 16% less than the same month in 2009. Overall proceeds were a mere $296M in September, bringing the year-to-date total to an anemic $2.8B – 8.7% off from 2009.

Pennsylvania heads the list of usual suspects for the Jersey shore’s ongoing deterioration. Not only did the state begin offering table games this summer, but Philadelphia opened its first casino, SugarHouse, on Sept. 23 with 40 table games and 1,600 slots. Seriously, I said don’t wake me up when September ends…

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