Glimmer of Hope: A.C. Casinos See First Revenue Increase Since August 2008
Tuesday, January 10th, 2012
ATLANTIC CITY — A long downward trend thankfully came to an end in the final month of 2011, as Atlantic City posted a cumulative monthly revenue increase of 4.2 percent in December 2011 — its first monthly increase since August 2008 — according to an AP report.
The city’s 11 casinos took in a total of $246.5 million in December. Slot machine revenue was up 8.3 percent, to $174.1 million, while table game revenue decreased by 4.3 percent, to $72.5 million. For the year, Atlantic City’s casinos won $3.3 billion, which is down 6.9 percent from 2010 to mark the fifth year in a row that A.C. saw an overall decline in gaming revenue — hurt by competition from casinos in neighboring states and the down economy.
But the end of the unprecedented losing streak had casino executives and regulators encouraged. Click here for more.

The Tropicana has announced that the casino’s Third Annual Running of the Santas will take place on Saturday, Dec. 11. The event has become one of Tropicana’s signature holiday events with hundreds of Santas gathering to celebrate the holidays, and take part in the traditional “Run” starting on the Boardwalk and ending in The Quarter. The 2011 schedule is as follows: