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.
Former Paterson Mayor, Lawrence "Pat" Kramer, today endorsed Jose "Joey" Torres for mayor of Paterson in the May 13th nonpartisan election.Read More >
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FDU Poll: Christie plummets 20 points Gov. Chris Christie's job approval took a 20 point drop in three plus months, according to this morning's Fairleigh Dickinson University PublicMind Poll. Christie’s post Bridgegate job approval rating stands at 41% (with 44% who disapprove), down from 61% last November. Currently about...
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“Unfortunately for the governor, the investigation appears to be turning him into a more polarizing figure. As recently as late last year, his approval numbers were consistently bigger than his disapproves - by a pretty big margin - and more voters liked everything about him than disliked everything about him. One of the defining characteristics of the governor that makes him a nationally sought after Republican is his widespread appeal in a Democratic state. Bridgegate continues to erode that asset.” - FDU Poll Director Krista Jenkins.- PolitickerNJ.com
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