By Minhaj Hassan | December 10th, 2012 - 5:29pm
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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.

Wake-Up Call

Morning Digest: August 29th

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Op-Ed

White House’s Tuition Challenge Being Met in NJ

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Quote of the Day

quote of the day

"Christie’s method for coping with scandal has been more complicated. In January, the seemingly-local issue of lane closings on the George Washington Bridge, which created a massive traffic jam in the Hudson River town of Fort Lee, became one of national interest when it was revealed that one of Christie’s closest staffers had ordered them—for what looked like political retribution against a Democratic mayor. The scandal was quickly dubbed 'Bridgegate,' and unfortunately for Christie, it played into his reputation as a bully. Christie's response was to act unlike himself: humble." - Olivia Nuzzi

- The Daily Beast

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