Slots Profits Down

Slot profits are down in Atlantic City by 14 per cent for December, to $251 million according to figures released by the New Jersey Casino Control Commission. Table game winnings fell 1.4 per cent in the period, to $120.2 million according to the gaming regulator, which attributed the fall to increased competition from new video lottery terminals in nearby Pennsylvania and New York. The city is currently undergoing a revamp in an effort to attract customers, with casino operators, including Harrah's Entertainment, Trump Entertainment and a joint venture between MGM Mirage and Boyd Gaming upgrading their properties in the city.