TRENTON - Heavily feeling the aftereffects of Superstorm Sandy, casino revenues dropped more than 28 percent in November, compared to one year ago, the Division of Gaming Enforcement said Monday.
Casino winnings tumbled 63 percent between the time Hurricane Sandy made landfall and Nov. 9, compared to the same period one year ago.
According to filings with the Division of Gaming Enforcement, revenues for November were $175.7 million, a 28.3 percent drop from the $244 million in revenues in November 2011, DGE data indicate.
In advance of Sandy, all of the casinos were closed on Oct. 28, 2012 and reopened between Nov. 2 and Nov. 5.
Subsequent to reopening, it took additional time for casinos to resume normal operations and open all of their amenities to the public.
Several annual events and concerts were cancelled during this timeframe. Additionally, there were at least nine conventions, conferences, trade shows and fairs cancelled including the New Jersey Education Association Conference on Nov. 8 and 9 and the New Jersey League of Municipalities Convention from Nov. 13 through 16 and at least 15 concerts, among other forms of entertainment.
The Two River Times, a weekly local newspaper covering affluent towns on along the Navesink and Shrewsbury Rivers, was sold earlier this month. On July 11, Domenic M. DiPiero III of Rumson, bought the quirky community newspaper from its previous owner, Michael "Mickey" Gooch.Read More >
Christie to Newark hecklers: 'I've spent as much time in Newark as anyone else' BELMAR - Gov. Chris Christie's got nothing but love for The Brick City, or so he says. In response to a Newark school student here today -- a 17-year-old president of the Newark Student Union...
By Linda Stender At his most recent town hall, Gov. Chris Christie accused his predecessors of "monkeying with the math" when it comes to their handling of our state's economy. But as the old saying goes, when the governor points a finger, he... Read More >
"Go to Mayor [Cory] Booker and ask him if he thinks in the years that he was mayor if I ignored Newark. The fact is I've spent as much time in Newark as anyone else." - Gov. Chris Christie- PolitickerNJ
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