Atlantic City Casino Workers Slashed By Almost Seven Percent

There is not much more that can happen negatively to Atlantic City casinos. They already were struggling before the economy fell apart, and now many of the city's eleven casinos are in danger of completely collapsing.

Recent figures that were released for employment at the AC casinos shows that workers should be concerned as well. A report by the state Casino Control Commission shows that there is a seven percent decrease in the amount of workers in the casinos from a year ago.

"The casinos have been experiencing revenue decreases for the past couple of years and anytime something like that happens there is going to be job losses within the company. It is natural, and with the way things are going, more people may lose their jobs in the near future," said observer Tyrone Lurkin, after reading the Commission report.

The drop in revenue Lurkin spoke about was an almost eight percent decrease last year from the year before. Much of that had to do with the economy, although the city's casinos had been seeing drops before the economy collapsed.

Bally's had the biggest drop in employees, going from 5,329 to 4,660. Although that was the largest decrease, it appears Resorts Atlantic City may be in the most dangerous position. They may be foreclosed on in the near future.

Tropicana Casino and Resort did the best at keeping their workers. They have only fired sixty five people in the past year.

February 4, 2009
Posted By Terry Goodwin
Staff Editor, CasinoGamblingWeb.com
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