An article “Surging Pennsylvania casino slot market tops Atlantic City for the first time” observes:
“The weak economy and rival casinos in surrounding states have combined to drive down Atlantic City’s revenue three straight years. In 2009, total revenue from slot machines and table games declined 13.2 percent to $3.9 billion in the worst year since 1997.
“In comparison, Pennsylvania’s total slot revenue jumped 21 percent in 2009 to $1.96 billion, according to the Pennsylvania Gaming Control Board.
“Thomas D. Carver, executive director of the New Jersey Casino Reinvestment Development Authority, said Atlantic City must respond to the competition by transforming itself into a more attractive tourist hub.
“ ‘I think we’re trying to address those items at this time, basically to change Atlantic City and make it a true destination resort,’ said Carver, whose agency uses casino revenue for housing projects and economic development. ‘We have to make the town attractive, welcoming and safe.’”
WATCHDOG: Well said by Carver. A wag of the tail.
It is a absolute fact, about the casinos. Trump Marina is spiraling down and should be closed soon.
The table games coming in PA has been a thorn in alot of casino employees minds. It is constantly on the local news and in the papers.