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Tuesday, December 07, 2010

Gamblers Spending Less In Atlantic City Casinos


Time in casinos down over 22 percent, money spent off some 30 percent

The amount of time gamblers are spending in Atlantic City casinos is falling, and they're holding on more tightly to their wallets while they're there.
A new statistical study shows the amount of time gamblers spent inside casinos in the second-largest gambling market in the U.S., after Las Vegas, is down more than 22 percent, and the amount of money they spend there is down almost 30 percent over the last four years.
And the hit to the casinos' bottom line is substantial: gross operating profit per hour is down 61 percent.
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