Gaming and Non-Gaming revenue down in Atlantic City - NBC40.net

Gaming and Non-Gaming revenue down in Atlantic City

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ATLANTIC CITY -

Atlantic City is still feeling the impact of Hurricane Sandy as the storm leaves a major mark on the city's revenue numbers for gaming and non-gaming.

Both are down for the month of November, with casino revenue having the largest monthly drop in Atlantic City's gaming history.

It's been more than a month since Super Storm Sandy ripped through the Jersey Shore and cities like Atlantic City are still feeling the effects of the storm both physically and financially, as revenue numbers for gaming and non–gaming attractions were released Monday showing that business is down in the wake of the storm.

"Well we weren't surprised by the November numbers gaming and non–gaming because of the effects of the storm not only did we have the effects of the storm on Atlantic city but more importantly the effects on our feeder markets," said Jeff Vasser, President of Atlantic City Convention & Visitors Authority.

With the amount of damage caused to other parts of New Jersey and neighboring areas, Atlantic City has had trouble bringing visitors into the city.

An issue that was constantly brought up last Wednesday amongst a panel of Atlantic City casino executives, who explained how the hurricane has impacted casinos who had recently seen income improvements.

"The frustrating thing along come sandy and even though we took some tiny step forward mother–nature decided to push us a couple of steps back," said Tropicana Entertainment President Tony Rodio.

The statistics released Monday, showed that November casino revenue had dropped 27.9% from November 2011, the biggest monthly drop in Atlantic City history, but Atlantic City's non–gaming industry has also taken a hit, after a number of events were canceled due to Sandy.

"Overall it was a rough month but when the numbers came out they came out the way we expected them to be, but we expect next month's to be stronger," Vasser said.

And as Atlantic City continues to try to bounce back from the negative perception left by Sandy, officials want to make sure the world is aware that Atlantic City is back, open, and ready for business.

"That's the message that we're trying to get out that is we know you have big things to deal with but we're here, we're open and if you need an escape Atlantic City is the place to come," said Vasser.

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