N.J. Casinos Post Biggest Monthly Revenue Drop Ever

Ouch - blame it the recession? Maybe blame this one on stiff competition from neighboring Pennsylvania slots and other factors.

Atlantic City topped itself for all the wrong reasons yesterday, and posted a monthly revenue decrease that outdid its record 19.2 percent drop in February compared with the same month a year ago.

The seaside resort's 11 casinos reported a 19.4 percent decrease in March, the largest year-over-year decline in Atlantic City gambling's 31-year history, according to the New Jersey Casino Control Commission.

The casinos took in $318.4 million in March, compared with $395 million a year earlier.

At N.J. casinos post biggest monthly revenue drop | Philadelphia Inquirer | 04/10/2009

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