Getting your player ready...
ATLANTIC CITY, N.J. — The amount of time gamblers are spending in Atlantic City casinos is falling, and they’re holding on more tightly to their wallets while they are there. A new statistical study shows the amount of time gamblers spent inside casinos in the nation’s second-largest gambling market is down more than 22 percent, and the amount of money they spend there is down almost 30 percent over the past four years.
The hit to the casinos’ bottom line is substantial: Gross operating profit per hour is down 61 percent.
George Cosgrove, a 69-year-old retiree from Whiting, N.J., who comes to Atlantic City once a month with his wife, estimates they are spending at least 30 percent less at the casinos this year. The Associated Press; AP photo
