Friday, February 12, 2010

Las Vegas Strip Casinos Report Second Consecutive Monthly Increase In Gaming Revenue, Atlantic City Down 8.5%

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Las Vegas Strip casinos saw their December gaming revenue increase 5.8 percent, the second consecutive monthly increase, while gaming revenue for all of Nevada´s casinos fell 3.2 percent in December compared to the same month in the prior year.

Atlantic City casinos continue to show revenue declines, according to figures released that show an 8.5 percent decline in casino revenue for the month of January. New Jersey Governor Chris Christie´s statements on considering plans for allowing slot machines at racetracks is more bad news on top of the legalization of table games in two neighboring states, Pennsylvania and Delaware.

The reporting of Nevada casino revenue lags Atlantic City by one month.