Casino Business Up Despite Economy
ALLENTOWN, Pa. (AP) - Business is apparently still booming at Pennsylvania's casinos despite the nationwide economic downturn.
Gaming industry analysts say Pennsylvania was the only East Coast state to post higher numbers last month than at the same point last year. Data shows revenue is up 30 percent over last year, as of Oct. 31.
Officials say part of that may be because the gambling industry in Pennsylvania is young and still growing. Casinos in other parts of the country are struggling.
Las Vegas slot machine revenues are down 12 percent. Casinos in Atlantic City, N.J., have gone down 19 percent since last year.
In Pennsylvania, officials say that four of the five casinos that have been open more than a year are doing better than at this point last year.