Rusty Garrett here with the weekend outlook: An isolated shower or thunderstorm remains possible in the hot and humid air this Saturday, the 4th. Same for Sunday...although NOT a wash-out either day!
ATLANTIC CITY, N.J. (December 10, 2012)--Superstorm Sandy led to the biggest monthly drop in casino revenue in the 34-year history of legalized gambling in Atlantic City, N.J.
The storm forced closures that caused Atlantic City's casino revenue to plunge nearly 28 percent in November.
The casinos closed on Oct. 28, the day before the storm hit, and began reopening Nov. 2, but it wasn't until Nov. 5 that all 12 casinos were back in operation.
That led to a 19.9 percent decline in casino revenues in October, the previous largest monthly drop ever.
The casinos took in $176.6 million in November, a decline of 27.9 percent from November 2011, when they were open a full month.
Tropical Storm Irene forced the casinos to close for three days in August 2011, causing a 19.8 percent revenue plunge.