Sandy Costs Atlantic City Casinos Millions Per Day

Sandy Costs Atlantic City Casinos Millions Per Day

 

When Hurricane Irene caused the city’s casinos to  shut down for three days during the last weekend August of last year, casinos lost about $40 million to $45 million in gambling revenue.

According to Tony Rodio, who is president of the Casino Association of New Jersey and chief executive officer of Tropicana Casino and Resort, the casino shutdown will likely continue through today and may be even longer depending on damages.

Pennsylvania casinos, which are Atlantic City’s biggest competition, were expected to continue operating.

Atlantic City’s 12 casinos have been closed since Sunday.

American Casino Guide