Casino Gambling Increases in Surrounding States, Crippling Atlantic City

Casino News - July 10th, 2009 - Written by Glen

Atlantic City has had dropping revenues for months on end, and with the recent surge in increased gambling in the surround states has not helped Jersey's gambling revenue. It starts with Delaware. Delaware has broken the mold of gambling within the states by opening up sports betting as an option. Correcting mistakes from their earlier blunder involving parlay betting in the 70's, Delaware has once again legalized sports betting, and should help to pull attention away from Atlantic City casinos. As gambling venues increase in Delaware, Atlantic City sees more people refraining from traveling to Jersey.

Indian Casinos in Connecticut are beginning to siphon gamblers from Atlantic City as well. The most recent move by Indian casino operators is to build casinos within very close proximity to the New Jersey northern border. The Mohegan Sun and Foxwoods have joined up to form a coalition of casinos and through their combined efforts they hope to keep taking customers away from Atlantic City.Pennsylvania's recent discussion over adding table games could increase the chances that they will continue to remove gamers from Atlantic City. Atlantic City has in turn tried to take players back from Pennsylvania, but their efforts may not be successful.

As the war for revenue continues, many casinos are seeing harsh declines in the money they are capable of generating. Closures may be imminent, especially in Atlantic City, as revenues continue to become obliterated.