ATLANTIC CITY OKS PARTIAL SMOKING BAN
Source: thestreet.com
Date: 2007-01-25
Author: Nicholas Yulico TheStreet.com Staff Reporter
URL:
http://www.thestreet.com/_googlen/newsanalysis/mediaentertainment/10334792.html?cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA
ID: 240947
The move is being heralded as a "best-case scenario" for casino
operators, who were previously facing the possibility of an
outright smoking ban. Industry officials had projected a full
ban would result in a 20% revenue decline in the market.
However, the compromise brings with it numerous issues to
settle.
"It remains difficult to determine the impact and the costs
associated with the ban," Deutsche Bank analyst Beth McNellis
wrote in a research note Thursday morning.
Among public companies, the matter primarily affects Trump
Entertainment, which gets all of its revenue from Atlantic City.
