Atlantic City casino revenues up in 2016 – first time in a decade
Those who wondered for years when the Atlantic City casino industry’s revenues would finally bottom out may have just gotten their answer: 2015. A strong December brought the Atlantic City casino industry’s total revenues to $2.60 billion, up 1.5 percent over 2015. That marks the first time in a decade that the industry increased its […]
Internet gains stabilize Atlantic City casino profits despite casino closing
After a decade long slide, the casino industry in the city is starting to show signs of rebounding. Despite the closure of the Trump Taj Mahal Casino Resort, the casino industry saw its first revenue increase in a decade thanks to a thriving internet gaming market. “For the first time in a decade, annual total […]
Atlantic City Casinos Post 1st Revenue Hike in 10 Years
Internet gambling helped Atlantic City’s casinos post their first revenue increase in a decade. Figures released Thursday by New Jersey gambling regulators show the casinos won $2.6 billion from gamblers in 2016, an increase of 1.5 percent from a year earlier. The last time Atlantic City casino revenue increased was in 2006, just as a […]