Bethlehem casino impacts Atlantic City

July 10, 2009 11:31:22 AM PDT
For months, Atlantic City has been dreading the opening of a new casino in Bethlehem, Pa., a short drive from some of its best markets in northern New Jersey and New York. On Friday, the nation's second-largest gambling market got its first look at the impact of the Sands Bethlehem.

For June, the first full month that the Sands was open, revenue at Atlantic City's casinos fell 13.6 percent from a year ago.

In what is supposed to be one of the strongest months for Atlantic City casinos, all 11 casinos reported declines, with the Atlantic City Hilton and Trump Marina topping 20 percent each.

For the first half of this year, casinos won $1.94 billion, down 15.3 percent from the same period last year.

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