10 June 2010

Atlantic City Casino Gambling Revenue Down In March


Another month, another decline in gambling revenue for Atlantic City casinos. In March, revenue dropped 5.6% from the same period in 2009, a sign that things are not improving.

MGM Mirage Leaving Atlantic City Casino Gambling Industry
MGM Mirage was pushed into a corner by gaming regulators in New Jersey, and instead of conforming to the regulators' request to drop Pansy Ho as their partner, MGM has decided to leave the Atlantic City gambling industry.

Atlantic City Casino Industry Fate At Stake As Trump, Icahn, Battle
Donald Trump and Carl Icahn are two of the most successful people in their fields, and now they are squaring off against each other in court. At stake, are three of Atlantic City's eleven casinos.

New Jersey Regulators Hand Down Illegal Gambling Fines To Casinos
The Atlantic City casino industry may be in desperate need of revenue, but it will not come from illegal gambling. New jersey regulators fined several casinos for allowing a banned man and underage patrons to gamble.

Beach Lures Gamblers To AC Casinos On Memorial Day Weekend
What the casinos could not do on their own for the past couple of years, Mother Nature did this weekend. AC casinos received a boost in customers thanks to the great weather for beach-goers during Memorial Day weekend.

New Jersey Gaming Regulators Deem Pansy Ho Guilty By Association
New Jersey Gaming Regulators have driven MGM Mirage out of their fledgling casino industry mainly because they have convicted Pansy Ho of being guilty by association.

Snow Buries Atlantic City Casino Revenue In February
The last thing the Atlantic City casino industry needed was a harsh winter, but that is exactly what it got. Consequently, revenue continued to tumble at the city's eleven casinos in February.

Morgan Stanley Pulling Out Of Atlantic City Revel Casino Project
Morgan Stanley has dealt yet another blow to the Atlantic City casino industry after announcing that they would be pulling out of the stalled Revel casino project.

Hard Rock Speaks Out On Possible Atlantic City Casino
If the goal of state lawmakers was to create interest again for their Atlantic City casino industry, they have succeeded. After legislators introduced a bill that would allow four new casinos, Hard Rock International expressed interest.

Atlantic City Casino's $2 Blackjack Tables Is Sign Of The Times
The Atlantic City casino industry has been hit so hard by the economy that the oldest casino in the city, Resorts Atlantic City, recently added $2 blackjack tables.

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