Atlantic City Casinos Forced To Show Comps On Website

Atlantic City casinos must feel as if their entire world is closing in on them. Every day more bad news is delivered to these casinos and the end result of this bad news could be the end of casino gambling as we have come to know it in the city.

This week a new plan has been released by gaming regulators in New Jersey. The plan is designed so that anyone will be able to see the comps that AC casinos have given out over the month.

"Providing this data in a timelier manner will increase transparency and allow analysts and the general public to better understand the gaming industry," said Linda M. Kassekert, the Casino Control Commission's Chairwoman.

This is the first year that this data will be shown on the Commission's website. Before 2009, casinos only had to report their promotional spending on a quarterly basis. The new rules could lead to less comps from the casinos.

It is the comps that have been traditionally used to lure in high roller gamblers. Free hotel rooms and food are common for any gamblers who spend large sums of money at the casinos. The casinos have been able to mask much of these comps in the past.

Now, with the economy in dire straights, it will be hard for casinos to show that they are giving so much away while claiming that they are losing money.

"If these casinos have to show all of their comps on a monthly basis it is certainly going to lead to the casinos cutting back on giving away free stuff,' said observer Nicholas Devereax.

February 27, 2009
Posted By Tom Jones
Staff Editor, CasinoGamblingWeb.com
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