Atlantic City casinos and businesses are suffering due to gambling opportunities in Philadelphia.
April 14, 2007 (Press Release) --
ATLANTIC CITY, NJ, April 15, 2007 – Atlantic City casinos and businesses are suffering due to gambling opportunities in Philadelphia.
Atlantic City casinos and local business revenues have always skyrocketed, increasing each year, until now. Annual revenues for Atlantic City is projected to decline this year, for the first time ever. A number of factors play into this expected decline in revenues. Atlantic City currently faces increased competition from slot parlors in neighboring states, such as Delaware and Pennsylvania, as well as the closing of one of the city's casinos. It is also uncertain how much the new smoking ban will impact gaming revenues in Atlantic City.
Revenue figures released for the month of March are already down from 2006, triggering concerns that this could be the start of a trend that would carry forward through the rest of the year. If revenues do face a long-term decline, it would have negative consequences for both Atlantic City casinos and local businesses.
Ken Bachman, the President and CEO for Shore Network Connections, LLC said, "We are offering Atlantic City casinos and businesses an opportunity to bounce back”. Shore Network Connections has just launched a brand new website targeting the Atlantic City entertainment industry. GambleAC.com is the one spot to visit for all of your Atlantic City Entertainment needs. They have devoted the entire website just to cataloging everything there is to do and see in the Town of Towns, center of the Universe. The city that’s always alive! Detailing the fabulous exploits of the city that never sleeps, they chronicle casinos, vacation deals, restaurants, events, resorts, as well as concerts and shows. If it exists to be done in New Jersey's most fanciful city, they have it tagged and set up for easy access.
Bachman is quoted as saying “I am a long time visitor to Atlantic City. I refuse to site back and watch the city that is always turned on, be turned off by the competition!” For more information, visit GambleAC.com.
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Atlantic City casinos and local business revenues have always skyrocketed, increasing each year, until now. Annual revenues for Atlantic City is projected to decline this year, for the first time ever. A number of factors play into this expected decline in revenues. Atlantic City currently faces increased competition from slot parlors in neighboring states, such as Delaware and Pennsylvania, as well as the closing of one of the city's casinos. It is also uncertain how much the new smoking ban will impact gaming revenues in Atlantic City.
Revenue figures released for the month of March are already down from 2006, triggering concerns that this could be the start of a trend that would carry forward through the rest of the year. If revenues do face a long-term decline, it would have negative consequences for both Atlantic City casinos and local businesses.
Ken Bachman, the President and CEO for Shore Network Connections, LLC said, "We are offering Atlantic City casinos and businesses an opportunity to bounce back”. Shore Network Connections has just launched a brand new website targeting the Atlantic City entertainment industry. GambleAC.com is the one spot to visit for all of your Atlantic City Entertainment needs. They have devoted the entire website just to cataloging everything there is to do and see in the Town of Towns, center of the Universe. The city that’s always alive! Detailing the fabulous exploits of the city that never sleeps, they chronicle casinos, vacation deals, restaurants, events, resorts, as well as concerts and shows. If it exists to be done in New Jersey's most fanciful city, they have it tagged and set up for easy access.
Bachman is quoted as saying “I am a long time visitor to Atlantic City. I refuse to site back and watch the city that is always turned on, be turned off by the competition!” For more information, visit GambleAC.com.
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