What’s up in Atlantic City? Not parking revenue, which is down along with gambling dollars
ATLANTIC CITY, N.J. (AP) - Atlantic City’s gambling casinos are not alone in their losing streak. Parking revenue was $35 million, down from more than $37 million in the previous 12-month period.
Related Gambling News:
- Atlantic City parking lots bringing in less revenue
- A.C. casino parking revenue down by 6%
- Casinos extend free parking
- N.J. Casinos to Close Wednesday
- NJ casinos to close Wednesday, victims of state budget stalemate
- Bingo parking causing chaos, say councillors
- Atlantic City still seen as little threat
- Casinos boosted Atlantic City, but woes remain
- Atlantic City Alliance Begins Filming Commercial For New Campaign
- Atlantic City casinos revenue was down 15 percent during N.J. snow storms
- ATLANTIC CITY: Harrah’s to lay off casino workers
- N.J. Senate considers allowing Atlantic City casinos to offer online gambling
Casino gambling facts:
- Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.
- Las Vegas in Nevada owes its success to the mobster Benjamin "Bugsy" Siegel who organized gaming and bookmaking operations for The Mob (the Mafia).
- 1926: Las Vegas gets a regular air service. Western Air Express flies between Las Vegas and Salt Lake City. The airfield later becomes the site for the famous Sahara and Hilton hotels.
1931: Gambling is legalized in Nevada on March 19. Construction begins on the long awaited Hoover Dam.
- 1993: Steve Wynn buys the Dune Hotel, then implodes it to make way for the Bellagio. The new MGM Grand is completed, once again becoming the world's largest hotel. On December 31, Barbra Streisand stars in the inaugural concert at the MGM Grand Garden Arena.