A recent survey of more than 800 individuals has found that over 70% of them plan to be back in Atlantic City casinos this year… and sooner rather than later. The survey was conducted by the Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism located at Stockton University. Additionally, over 40% of those who responded claimed to have visited the city at least once after the casinos reopened last July. Others stated they have stayed away over Coronavirus concerns. That shutdown lasted over three months and cost the city an estimated $112 million. Those who have visited Atlantic City…

Daily Herald – The billboard hard by the Atlantic City Expressway is supposed to speak for a single casino, not an entire company town. But Revel Casino Resort’s marketing slogan resonates loudly throughout this struggling seaside resort. “Gamblers Wanted,” it says. And how. Atlantic City, the erstwhile East Coast gambling mecca, is on an epic losing streak; over the past six years, competitive and economic forces have crushed the local casino economy, driving revenue down more than 40 percent. Once, the city that inspired the board game Monopoly had its own gambling monopoly on this side of the country. Now,…

North Jersey – Atlantic City’s 12 casinos saw their collective earnings fall by nearly 45 percent in the second quarter of 2013, state regulators said Thursday. According to figures released by the state Division of Gaming Enforcement, the casinos made just over $65 million in profits during the second quarter, down from nearly $118 million in the same period last year. The biggest gain was posted by the Tropicana Casino and Resort, whose quarterly profits were up nearly 28 percent to $12.6 million. Caesars Atlantic City had a quarterly profit of $24.2 million, up 17.4 percent from last year’s second-quarter…

Washington Post – The billboard hard by the Atlantic City Expressway is supposed to speak for a single casino, not an entire company town. But Revel Casino Resort’s marketing slogan resonates loudly throughout this struggling seaside resort. “Gamblers Wanted,” it says. And how. Atlantic City, the erstwhile East Coast gambling mecca, is on an epic losing streak; over the past six years, competitive and economic forces have crushed the local casino economy, driving revenue down more than 40 percent. Once, the city that inspired the board game Monopoly had its own gambling monopoly on this side of the country. Now,…

The advent of Internet gambling in New Jersey has left a British online gambling firm placing a bet on Atlantic City with plans to build or buy a resort casino. London-based 2UP Gaming PLC is in negotiations to purchase an Atlantic City casino. If that’s not possible, the company is prepared to build anew, said Vincent Crandon, who will oversee 2UP Gaming’s American expansion. The company announced its intentions Friday, saying an Asian investment firm is prepared to contribute $330 million to the project. “I don’t count New Jersey out by any means,” Crandon said, speaking about the decision to…

From Baltimore Business Journal Atlantic City tourism officials should be getting quite an eyeful on Wednesday. That’s the day New Jersey releases its casino revenue figures. And it just might also be the day when Garden State officials get a sense of how big a bite Maryland’s casinos have taken out of the boardwalk. On Friday, the Maryland Lottery and Gaming Control Agency reported that revenue for the state’s four casinos, jumped to $66.5 million in June, up 57 percent from June 2012. New Jersey’s revenue figures for May show that Atlantic City’s 12 casinos had a combined $227.5 million…