Atlantic City Casinos Suffer

Revenues declined again in Atlantic City making April the worst month in what has been a bad year for the New Jersey Casinos. Slots revenue was $284.4 million, down 12.3 percent, while table games revenues were $112.4 million, a decrease of 3.1 percent from a year ago.

For the first four months of 2007 overall revenue is down 4.1 percent over last year. There were several factors being blamed for the decline. New slots parlors in Pennsylvania and New York are putting on Atlantic City's casinos. The new smoking law restricting smoking to no more than 25 percent of the casino floor is also being blamed as a big part of the decline. The casinos are hoping for a warm Spring and Summer to help increase visitors and revenues.