Atlantic City casino revenue rose in 2017 for 2nd consecutive year

Atlantic City’s casinos saw their gambling revenue increase in 2017 for the second year in a row.

Figures released Friday by the state Division of Gaming Enforcement show the seven casinos won $2.66 billion in 2017. That’s an increase of 2.2 percent over 2016.

The past two years have been encouraging for Atlantic City’s surviving casinos after a decade of revenue declines that saw five of the city’s 12 casinos shut down, with 11,000 jobs lost.

Atlantic City could be on verge of major revival in 2018

The remaining casinos have regained their balance in a slimmed-down market.

The casinos were greatly …read more

Source: Atlantic

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