A.C. CASINO REVENUE FELL 6.8% LAST MONTH
ATLANTIC CITY - In the most significant sign yet of the impact
here of competition from Pennsylvania slots, the resort's 11
casinos reported a 6.8 percent decline in revenue last month
from a year ago.
Nine of the 11 casinos reported declines for the month, ranging
from 3.4 percent at the Borgata Hotel Casino & Spa to 19.7
percent at Trump Taj Mahal.
The casinos reported $396.8 million in revenue compared with
$425.9 million in April 2006.
"I expected it to be bad, but not quite that bad," Tony Rodio,
president of Resorts Atlantic City and the Atlantic City Hilton,
said of yesterday's numbers from the New Jersey Casino Control
Commission, which tracks Atlantic City's gambling market.
