No one ever said that Atlantic City was recession-proof, and now we have the numbers to back it up. Revenues fell 7.1% in 2008, with profits down by 25%. From the AC Press: The casinos can still make money, but the industry is far from recession-proof. While gross operating profits fell significantly in 2008 and […]
AC feeling the crunch Read More »
atlantic city, news about gamblingBecause we can’t wait for the future, everyone wants to know what’s going to happen. Spectrum Gaming has a 21-point list of what to expect, but I’ll give you my own views, focusing mostly on Las Vegas. This is all with the caveat that, as I often say, “my work is not predictive.” That’s just
Room rates, 2009, and the future Read More »
news about gamblingI could do some official-sounding retrospective on the year in gaming, but that’s been done better elsewhere, by people with more time. Instead, I thought I’d take a moment to flip through my archives and pick out a few of my favorite posts from 2008. January Things you need to tell the GCB Best name
Looking back at 2008 Read More »
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