http://www.bloomberg.com/news/2011-...no-gambling-falls-13-in-january-update1-.html
Atlantic City Casino Gambling Falls 13% in January
By Beth Jinks - Feb 10, 2011
Atlantic City’s casino gambling revenue fell 13 percent in January, extending four years of decline at the New Jersey seaside resort beset by competition from nearby states.
Betting proceeds shrank to $255.4 million, the New Jersey Casino Control Commission said today on its website. Slot machine revenue at the 11 casinos slid 16 percent from a year earlier to $164.9 million, and table game winnings were down 8.3 percent to $90.5 million.
Gambling in the second-biggest U.S. casino market after Las Vegas has tumbled to $3.57 billion in 2010 from a peak of $5.2 billion in 2006 -- before Pennsylvania and Yonkers, New York, allowed slot machines. Competition also has come online in Delaware, Maryland and West Virginia.
Six of Atlantic City’s casinos went through bankruptcy or restructured debt during the financial crisis, and development has stalled. New York City is adding its first slots at a racetrack in Queens this year, intensifying competition in the region.
New Jersey Governor Chris Christie is overhauling regulators and creating a tourism district around the casinos to help halt the marketwide decline, which is hurting tax revenue.
Atlantic City Casino Gambling Falls 13% in January
By Beth Jinks - Feb 10, 2011
Atlantic City’s casino gambling revenue fell 13 percent in January, extending four years of decline at the New Jersey seaside resort beset by competition from nearby states.
Betting proceeds shrank to $255.4 million, the New Jersey Casino Control Commission said today on its website. Slot machine revenue at the 11 casinos slid 16 percent from a year earlier to $164.9 million, and table game winnings were down 8.3 percent to $90.5 million.
Gambling in the second-biggest U.S. casino market after Las Vegas has tumbled to $3.57 billion in 2010 from a peak of $5.2 billion in 2006 -- before Pennsylvania and Yonkers, New York, allowed slot machines. Competition also has come online in Delaware, Maryland and West Virginia.
Six of Atlantic City’s casinos went through bankruptcy or restructured debt during the financial crisis, and development has stalled. New York City is adding its first slots at a racetrack in Queens this year, intensifying competition in the region.
New Jersey Governor Chris Christie is overhauling regulators and creating a tourism district around the casinos to help halt the marketwide decline, which is hurting tax revenue.
http://www.foxnews.com/us/2011/03/1...obbed-inside-casino-bathroom/?test=latestnews
Crime & Courts
86-Year-Old WW II Veteran Allegedly Choked, Robbed Inside Casino Bathroom
Published March 14, 2011
| FoxNews.com
New Jersey police are searching for a man who allegedly assaulted an 86-year-old World War II veteran inside an Atlantic City casino, MyFoxPhilly.com reports.
Authorities say veteran John Roman was choked and robbed inside a men's bathroom at Bally's Wild West Casino early Sunday morning. Police say the suspect likely followed Roman into the restroom, figuring he was an easy target. The man then choked Roman from behind as he was using a urinal and made off with his wallet.
Roman, of Toms River, N.J., fought under Gen. George Patton at the Battle of the Bulge, according to the station. He reportedly refused hospital treatment.
Police have so far not identified the suspect, but released video surveillance of the man leaving the bathroom. The suspect, described as a black male, is seen dressed in a black baseball cap and black jacket with two silver epaulettes on the shoulders. He was also wearing blue jeans and a gray hooded sweatshirt.
Anyone with information on the crime is being urged to contact the Atlantic City police.
Crime & Courts
86-Year-Old WW II Veteran Allegedly Choked, Robbed Inside Casino Bathroom
Published March 14, 2011
| FoxNews.com
New Jersey police are searching for a man who allegedly assaulted an 86-year-old World War II veteran inside an Atlantic City casino, MyFoxPhilly.com reports.
Authorities say veteran John Roman was choked and robbed inside a men's bathroom at Bally's Wild West Casino early Sunday morning. Police say the suspect likely followed Roman into the restroom, figuring he was an easy target. The man then choked Roman from behind as he was using a urinal and made off with his wallet.
Roman, of Toms River, N.J., fought under Gen. George Patton at the Battle of the Bulge, according to the station. He reportedly refused hospital treatment.
Police have so far not identified the suspect, but released video surveillance of the man leaving the bathroom. The suspect, described as a black male, is seen dressed in a black baseball cap and black jacket with two silver epaulettes on the shoulders. He was also wearing blue jeans and a gray hooded sweatshirt.
Anyone with information on the crime is being urged to contact the Atlantic City police.
