Atlantic City Revenue Down 12.5 Percent in February

Submitted by Associated Press on

Written by :

Associated Press

Published on :

(Associated Press) - Atlantic City's casinos took in 12.5 percent less from gamblers in February than they did a year ago.

Figures released Monday by the state Division of Gaming Enforcement show the city's 12 casinos took in $212.3 million.

The decline was helped by the fact that 2012 was a leap year in which February had 29 days, compared with the usual 28 this year.

Revel, the city's newest casino which will file a Chapter 11 bankruptcy petition this month, saw revenue rise to $9 million, up from $7.9 million in January.

February is traditionally one of the slowest months of the year in Atlantic City.

The state is hoping its legalization of Internet gambling, which could take effect by the end of this year, will provide new revenue and end the decline.

 

Related Content

Can't Play With Kalshi From Washington State - WTF?

Can't Play With Kalshi From Washington State - WTF?

Judge John McHale of the King County Superior Court said the state showed "a likelihood of actual and substantial injury ​to Washington consumers from illegal gambling activities" if no injunction (against Kalshi) were issued.
Former DraftKings Las Vegas Employee Arrested

Former DraftKings Las Vegas Employee Arrested

A former DraftKings sports trader, Samuel Silverman, was arrested on felony charges for allegedly conspiring with a Fresno State basketball player to manipulate game statistics for betting purposes.
MBit Casino Reviews - Is This Crypto Casino Safe? (August 2026)

MBit Casino Review - Is This Crypto Casino Safe? (August 2026)

mBit Casino occupies an interesting niche because it's one of the oldest crypto casinos still operating and it has built a loyal following over the years.
What Are the Safest Crypto Gambling Websites Right Now (August 2026)?

What Are the Safest Crypto Gambling Websites Right Now (August 2026)?

Gambling911.com is the long time leader when it comes to reviewing online gambling websites. We've been doing it since 1999.