Revel reveals revenue reversal in September
ATLANTIC CITY, N.J. - October 10, 2012 (WPVI) -- Revel is going in reverse.
Atlantic City's newest casino won less money from gamblers in September than it did in August. The six-month-old casino resort won $16.8 million last month, down from $20 million in August.
Atlantic City's 12 casinos collectively saw their September revenue fall by 6.3 percent to $276 million, compared with a year ago.
So far, Revel has not been the catalyst that many in Atlantic City had hoped it would be in growing the gambling market, which has been shrinking ever since 2007.
For the first nine months of the year, casinos won $2.4 billion which is down 4.8 percent from the same period in 2011.
new jersey, atlantic city, casinos, local/state
- Apparent misunderstanding in police shooting 37 min ago
- Mostly sunny, very windy today
- Get the 6abc StormTracker app
- WATCH: Action News Online
- Detectives serve warrants at Chester police station
- New 'object of interest' in missing jet hunt
- 3 shot during funeral at Trenton church
- Serial burglar strikes South Phila. businesses
- 6abc viewer helps police nab $18K jewelry suspect
- Police release surveillance of Target heist
- Photos: Suspects wanted by Philadelphia Police
- Video: Video gamer is the victim of SWATting hoax
- Video: Dying dog in Canada has bucket list
- What would you ask Mayor Nutter?
- Apparent misunderstanding in police shooting
37 min ago
- Fire damages corner store in North Phila.
40 min ago
6abc.com News Links
Most Viewed StoriesMost Viewed Photos