August 02, 2006

4-Jul-06. Casino closings may cost $10-million in wagers daily. Globe and Mail, B5.

The closing of Atlantic City, N.J., casinos will go ahead tomorrow unless New Jersey lawmakers resolve a budget crisis. The shutdown could cost gambling operators more than $10-million (U.S.) per day in wagers. Atlantic City is the second-largest casino market in the U.S. and it took in $5-billion in gross gambling revenue last year.