{"id":43214227,"date":"2011-01-25T10:45:00","date_gmt":"2011-01-25T10:45:00","guid":{"rendered":"http:\/\/www.onetravel.com\/travel-trends\/atlantic-city-revenue-expected-to-drop-again-in-2011-as-neighbors-cash-in\/"},"modified":"2018-10-05T03:42:15","modified_gmt":"2018-10-05T07:42:15","slug":"atlantic-city-revenue-expected-to-drop-again-in-2011-as-neighbors-cash-in","status":"publish","type":"post","link":"https:\/\/www.onetravel.com\/going-places\/atlantic-city-revenue-expected-to-drop-again-in-2011-as-neighbors-cash-in\/","title":{"rendered":"Atlantic City Revenue Expected to Drop Again in 2011 as Neighbors Cash In"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" title=\"Casino revenue in Atlantic City is expected to drop again in 2011 (Image: Wikimedia)\" src=\"\/going-places\/wp-content\/uploads\/files\/2011\/1\/Atlantic_City_NJ_night.jpg\" alt=\"Casino revenue in Atlantic City is expected to drop again in 2011 (Image: Wikimedia)\" width=\"413\" height=\"312\" \/><\/p>\n<p>A new report from The Spectrum Gaming Group is predicting a 13 percent decrease in revenue for Atlantic City casinos in 2011.<\/p>\n<p>&nbsp;<\/p>\n<p>The nation\u2019s second-largest casino market continues to shrink as new casinos in neighboring states thrive.<\/p>\n<p>&nbsp;<\/p>\n<p>While casino revenue in New Jersey has fallen sharply since 2008, casinos in neighboring states like Pennsylvania and New York have been cashing in.<\/p>\n<p>&nbsp;<\/p>\n<p>Casinos there are expecting a 27 percent revenue boost in 2011, according to the report.<\/p>\n<p>&nbsp;<\/p>\n<p>A major reason for the revenue disparity is that new casinos continue to spring up in neighboring states while no new projects are on the horizon for Atlantic City.<\/p>\n<p>&nbsp;<\/p>\n<p>The new report is just the latest in a series of bad news for the gaming capital of the East, which could see a staggering 41 percent drop in revenue since 2008 by year\u2019s end.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Source: <a href=\"http:\/\/m.apnews.com\/ap\/db_16045\/contentdetail.htm?contentguid=qyQ7mEpx\" target=\"_blank\" rel=\"nofollow\"> AP <\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new report from The Spectrum Gaming Group is predicting a 13 percent decrease in revenue for Atlantic City casinos in 2011. &nbsp; The nation\u2019s second-largest casino market continues to shrink as new casinos in neighboring states thrive. &nbsp; While casino revenue in New Jersey has fallen sharply since 2008, casinos in neighboring states like [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[],"class_list":["post-43214227","post","type-post","status-publish","format-standard","hentry","category-featured"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/posts\/43214227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/comments?post=43214227"}],"version-history":[{"count":1,"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/posts\/43214227\/revisions"}],"predecessor-version":[{"id":98896869,"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/posts\/43214227\/revisions\/98896869"}],"wp:attachment":[{"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/media?parent=43214227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/categories?post=43214227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/tags?post=43214227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}