Atlantic City Casinos Finally See Increase in Revenue

Atlantic City has gone through a lot of changes over the past year. Casinos have been torn down to make room for bigger and better models. Others have been sold to developers that will create mega resorts.

With all the changes that are taking place, there was one in particular that excited the city in New Jersey. For the first time after ten months, revenue was up at the city's casinos.

In February, revenue was up at the eleven Atlantic City casinos. Although the increase was modest, only 1.5 percent, it still was enough to make some people breath a sigh of relief.

"You're not throwing your hat in the air, but we'll take victories where we can get them," said Trump Entertainment Resorts Chief Executive Officer, Mark Juliano.

While there was optimism over the revenue increase, others were quick to point out the reason for the increase. One extra day in February this year due to the leap year.

"We've got to be careful we don't fool ourselves here. The extra day helped, and it was a Friday, which is our busiest day," said Harrah's Entertainment Eastern Division President, Carlos Tolosa.

Several projects are in the works in the city to either remodel existing casinos, or to build new ones. The area is hoping for a resurgence back to its glory days when people regularly packed casinos.

March 10, 2008
Posted By Terry Goodwin
Staff Editor, CasinoGamblingWeb.com
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