Tuesday, September 16, 2008

Atlantic City August Casino Revenue Up 7%, Las Vegas Strip Casino July Gaming Revenue Down 14.7%

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The Nevada Gaming Control Board reported a decline of 14.7 percent in July Las Vegas Strip gaming revenues while Atlantic City reported an increase of 7 percent in its August casino revenues.

Both Las Vegas and Atlantic City casinos reported their figures last week but Atlantic City's figures are more recent - for the month of August. Las Vegas' numbers reflect their July activity.

Atlantic City's slot revenues were flat in August. Las Vegas' slot revenues fell 9% in July. Analysts predict lower revenues once a smoking ban takes effect at the Atlantic City casinos on October 15.