Atlantic City fights back
So most think Atlantic City is faring badly if not entirely due to the recession then because of all the new casinos opening up in nearby Pennsylvania. Interesting since you get the feeling some folks just expect Atlantic City, or say the casinos in West Virginia, to just roll over and let Pennsylvania casinos continue taking market share away from them... if that is really the source of their revenue losses of late. Methinks they are going to respond and compete that much more in the future and the impacts will inevitably be felt here.
and more following that story.. Who was commenting on low casino revenues of late? See the Trib looking into it yesterday: Rivers Casino short of revenue projections. and Toland has updated his Casino Journal with a headline: Rivers Casino, one year on . I still think they are burning cash at the end of the day and the first peek at table game numbers from the state don't look to be game changers. Pun intended I suppose.