There is no one reason for the declining casino revenues. WBGO-FM Newark reported:
While some might not call it a slump, there have been definite downward trends for Atlantic City casinos this summer. Joe Weinert is the Senior Vice President of the casino consulting firm, Spectrum Gaming Group, and he says fewer gamblers are willing to risk filling up their tanks for slot machines and games of chance. Weinert says some casinos are adding more rooms or resort amenities like spas and shows to attract visitors in the future � but he says there’s little they can do to fix the problem in the interim. Weinert says gamblers in the metropolitan area would rather spend their money closer to home at other casinos where they have less strict smoking rules and electric game tables
Nearly everyone, except Atlantic City’s City Council, see that a smoking ban leads to decreased casino revenues. The citizens of Atlantic City and South Jersey absolutely depend on the stability of casino revenues for our current level of prosperity. City Council is intent on hindering the casinos ability to do business. The City Councilmen and Mayor should be as aware of the threat of foreclosures and the nation-wide economic slowdown as citizens are. Atlantic City government’s best move to help every person’s economic outlook is to stand-up to UAW labor union and give casinos the ability to permit smoking in their establishments.
Competition is developing in the surrounding areas. Regional competition is skimming Atlantic City’s patron base. Smart government would bring additional tools to our casinos, for them to successfully compete for patrons. The current City Council unanimously tied the casinos hands with the support of Mayor Scott Evans.