AC Casino Revenues Will be Up Due to Sandy

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    NEWSLETTERS

    Atlantic City casino revenue is up, in part due to Superstorm Sandy.

    Atlantic City's casino revenues are almost certain to show an increase for October -- mainly because Superstorm Sandy forced the resort to shut down at the end of the month last year.

    Figures due out this afternoon are likely to show what would be only the fourth monthly revenue increase in the last five years.
     
    But that improvement would be due mainly to the fact that Sandy forced the 12 casinos to shut down for between six and nine days in late October and early November last year.
     
    The casinos showed an increase in Aug. 2012, but that was a year after Tropical Storm Irene again forced casinos to close. Other gains came in Dec. 2011, and August 2008.
     
    Atlantic City's casino revenue has been falling since 2007.

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