Another June swoon for Atlantic City casinos
ATLANTIC CITY, N.J. (AP) - July 10, 2008 The gambling halls took in $373.6 million in June, an 11 percent
decrease over the same month a year ago.
Slot revenue was down 12.2 percent to $266.2 million, and
revenue from table games was down 8 percent to $107.4 million.
Experts say the size of the decline may be too steep to be
offset by July and August crowds - traditionally the busiest months
of the year in Atlantic City.
Challenges facing Atlantic City casinos include the expansion of
gambling halls in Connecticut, continued competition from
Pennsylvania slots parlors, high gas prices, and a partial smoking
ban that will become a total ban in September.
