Revenue decline slower for AC casinos

November 10, 2009 1:05:52 PM PST
Maybe this is what the "new normal" is going to be for Atlantic City's 11 casinos.

The revenue plunge that has battered nation's second-largest gambling market for the past three years seems to be slowing, but casinos are still winning less than what they did before slots parlors started popping up in Pennsylvania and New York.

October revenue figures were down 6.5 percent compared to a year ago. That's only slightly worse than the September figures, which showed a 5.8 percent decline.

For October, the casinos won just over $335 million. Slots revenue accounted for nearly $232 million, table games the rest.

But the respite could be brief. Delaware's casinos will soon offer table games, and Pennsylvania has similar plans.

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