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Atlantic City has Even Less Money 

It is no secret that Atlantic City has been hit hard over the past year. They have had to deal with an economy that has really not been kind to them. They have had to deal with the influx of online casinos taking their business from them. They have also had to deal with the competition that comes from the surrounding states who are all adding in slot machines. And now they are dealing with Pennsylvania who is adding table games to their slot machines.  

And as if all of that were not enough to make you pack up and go home, they had to deal with crippling snowstorms that kept people at home and snuggled up in bed as opposed to coming to play at the casinos. This year in February they are showing a 13.5% decline over 2008 and a 15.7% decrease over 2009. 

One of their latest problems is snow. This year February was the snowiest month every recorded in the city’s history – and they got hit with three big storms. In some cases people could literally not get out of their houses to come out to the casinos, and even if they could, they probably would not have come to the casino anyway. Only those that really lived within walking distance had the easiest time of getting there and if you have ever been to Atlantic City, you know that these are not people who can afford to waste money in a slot machine.  

All of the casinos felt the hit, and many said that this was going to be tough to come back from. They say that they hope for a fruitful summer, that perhaps the economy will turn and that Atlantic City will become a playground for slot machine and table game gamblers again.

 

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