Atlantic City Casinos Experience 8% Drop In 2012 Revenues

This story was published more than 7 years ago.

Casinos in Atlantic City, New Jersey experienced a rough 2012, bringing in $3.05 billion in revenues, a drop of 8% over what the casinos brought in during 2011 and down 41% from the industry's peak in 2006.

The New Jersey Division of Gaming Enforcement released the fiscal numbers, noting that in casinos in Atlantic City saw an 8.9% drop in revenues for the month of December when compared to the same period in 2011.

Atlantic City has seen decreases in revenues every year since 2006, when casinos brought in $5.2 billion in revenues. The numbers are even more depressing when you compare them to the Asian gaming destination Macau, which brought in $3.53 billion in December alone.

Competition from other states and natural weather events such as Super Storm Sandy are being blamed for the loss in revenues.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.