Friday, October 15, 2010

Nevada Casino Revenue Increases 11.5% In August; Atlantic City Casino Gaming Revenue Declines 12% In September

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Casino revenue in Nevada increased by 11.5 percent in August, with casinos on the Las Vegas Strip leading the state with a jump of 21 percent in its August revenues.

Casinos in Atlantic City, the nation's second largest gambling market behind Las Vegas, posted a decrease in September gambling revenue of 12 percent compared to the same month last year.

Atlantic City casino performance continues to suffer from new competition, the latest being the advent of table games in neighboring Pennsylvania and a new casino that opened three weeks ago in nearby Philadelphia, PA.

Nevada's reporting of casino figures lags behind the reporting of Atlantic City casinos by one month.