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,…

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…

This year is shaping up to be the worst for the Atlantic City casino industry in the last 22 years. Figures released Wednesday by the state Division of Gaming Enforcement show the city’s 12 casinos are on a pace that would see them take in less than $3 billion from gamblers for the first time since 1991. For the first six months of the year, the casinos won $1.38 billion, down 10.7 percent from the same period last year. The casinos’ revenue fell 12.6 percent in June, to $240.2 million, and every one of the casinos posted a monthly revenue…

Mayor Lorenzo Langford is committed to Atlantic City gambling and seeing the city’s casino industry recover, despite his well-publicized disputes with New Jersey Governor Chris Christie over reforms implemented by the state that the mayor says cut him and other city leaders out of the process. Langford, a former dealer and pit boss as well as Atlantic City’s mayor since 2002, was critical of Christie’s reform package that was passed by state lawmakers in 2011 and put authority over the city’s 12 casinos under the state through a newly created tourism district. In an interview last Friday in his seventh-floor…