Despite a recent boom in international gaming facilities around the world, Atlantic City has suffered a shocking 27.9% decline in November according to a recently released report. This nearly $176.6 million dollar drop in revenue is, to the relief of players and Casino owners alike, viewed as a temporary impact of Superstorm Sandy.
Atlantic City has released its casino results for November revealing a dramatic 27.9% decline in revenue to $176.6 million. Out of that total, slot revenue was down 27% to $126 million, while table games fell by 30% to $50.4 million.
Nevertheless, the greater than usual monthly slump in Atlantic City’s gambling revenue, which was the biggest in its 34 year history, was squarely blamed on Superstorm Sandy. The storm forced AC’s 12 casinos to batten down on October 28th with normal operations not resuming until November 5th. Consequently, October’s casino figures were also off by 19.9%, which was the previous record for the largest monthly drop.