Revenue up 19 percent for surviving Atlantic City casinos

ATLANTIC CITY, N.J. -- Less competition appears to be helping the eight casinos that survived Atlantic City's Great Casino Contraction of 2014.

Revenue in January at the city's remaining casinos was up nearly 19 percent compared to a year ago.

And even when the four casinos that shut down during 2014 are included, Atlantic City's casino revenue for January 2015 was still up nearly 1 percent.

Matt Levinson of the New Jersey Casino Control Commission says it might be too soon to proclaim that Atlantic City has turned the corner, but he says the increases are encouraging.

The eight casinos took in $197.5 million last month.

Four of the city's 12 casinos shut down in 2014.