Spending on hotel rooms, meals, concerts and nightclubs has increased
Fewer Atlantic City gamblers but spending up on hotels and food
(US).- After four years of slumping revenues, Atlantic City has good news: Even though fewer people are coming to the nation's second-largest gambling resort, they're spending more cash on things that don't involve gambling.
2010-11-03
Reading time 22 seg
Spending on hotel rooms, meals, concerts and nightclubs has increased even as the gambling take has dropped for Atlantic City's 11 casinos, where the number of total visitors fell from 34,534,000 in 2006 to 30,381,000 last year.
The amount of money gamblers have lost at slot machines and card and roulette tables is down 23 % since 2007, according to a study by Gaming Industry Observer, a publication by Spectrum Gaming Group, an Atlantic City-area casino consulting firm. But gamblers' spending on hotel rooms is up 21 % and food and drink is up 6 %.
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