Total revenue for 2009 decreased with 5.5 percent in the United States. In total the revenue came to approximately $ 30 billion, which is less than the revenues of the year before. However, this decline did not come entirely as a surprise, as it was already clear that the last economical recession, has hit the entire industry hard.

Famous casino locations like Las Vegas and to a lesser extend Atlantic City, have long been considered to be immune to the economical problems in the United States, but the last recession proved this train of thought to be wrong, and has left both gambling locations facing serious financial problems. Vegas and Atlantic City both are considered to be the main gambling locations of the country, yet both are struggling with what appears to be an exodus of gamblers.

Gambling revenues in Nevada, also were down roughly 10 percent over the year 2009, where many of their clientele had to cut costs, often at the expense of their gambling habits, while on the other end new legislation made casino gambling possible in many other States, resulting in many gamblers now being able to gamble at their own state. New Casino's that opened up their doors in other parts of the United States, are also a main cause for concern for top locations, like Las Vegas.

Atlantic City, witnessed a similar scenario, where Pennsylvanian competition, resulted in more revenue for slots in Pennsylvania then the revenue of the same in Atlantic City at the end of 2009. Overall, gambling revenues decreased approximately 13 percent in the New Jersey area.

The stream of bad news for Atlantic City's gambling industry does not stop there, as new legislation in Pennsylvania has made it legal for casinos to start offering the popular table games, enabling the casinos of that area to meet the AC casinos head on, on equal terms.

Posted on: May 12, 2010

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