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ATLANTIC CITY CASINO REVENUE UP AGAIN IN 2018, BUT SOME NUMBERS ARE CONCERNING BY JOHN BRENNAN

Atlantic City casino revenues grew in 2018 for a third straight year, according to figures released Monday by the New Jersey Division of Gaming Enforcement. That’s the good news.

This is an industry that grew every year from the Resorts opening in 1978 through 2006, when it peaked at $5.2 billion in revenues, but then declined each of the next nine years as neighboring-state competition took its toll, with a nadir of $2.6 billion in 2015.

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