Pennsylvania Casinos Disgrace Atlantic City Generating More Cash

Written by Nick M. on 2011-12-20 at 14:41
American gambling laws - GamingZion
Pennsylvania has just overtaken neighboring Atlantic City in terms of gambling figures according to the latest research. Another blow for the former jewel of New Jersey came as November gambling figures were released to the wide public.

United States gambling news learned that during the month of November Pennsylvania’s ten gambling halls managed to generate a total of $245.8 million in gross gambling revenues from table games and slots. Atlantic City’s eleven casino hotels scored only $245.1 million in the same period.

Gambling in Pennsylvania has been introduced in full compliance with American gambling laws only in 2006, and the state has already managed to beat the glory of Atlantic City, which has always been the top revenue producer in the region.

Breaking down the numbers we can see that table games in Pennsylvania brought in $54 million in November, and slots scooped up a total of $191.8 million. The numbers were released last week by the Pennsylvania Gaming Control Board.

New Jersey Casino Control Commission stated that Atlantic City’s revenues continued their steady decline and revealed a five percent drop in slots to $173.2 million, while table games decreased by almost ten percent to $71.9 million in November.

Annual revenues place Atlantic City on second spot behind Nevada and ahead of Pennsylvania. Industry experts agree that only introduction of regulated online casinos in United States can save Atlantic City from becoming a casino wasteland.

Gambling industry analysts predict that Pennsylvania is on route to overtake Atlantic City in annual terms as early as next year. Once this is complete, Pennsylvania will become the largest casino market of the East Coast.

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