Tough Times for Atlantic City Casinos? You Bet

Friday, Apr 10, 2009  |  Updated 12:16 PM EDT
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Tough Times for Atlantic City Casinos? You Bet

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No one's sitting at the tables in Atlantic City.

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Things have never been this bad for Atlantic City's casinos.
    
Revenue is plunging at a record-breaking pace. Nearly 3,100 jobs have been lost in a year.

     And things have gotten so bad at Atlantic City's gambling halls that the head of the local casino association recently urged workers not to discuss the economy with customers.
    
The latest blow came Thursday when statistics from the state Casino Control Commission showed another record-setting decline in the amount of money won from gamblers in March. The 19.4 percent decline shattered the previous record that was set just a month earlier, in February.
    
Nick Garofalo was laid off in January from a lighting technician job at Caesars Atlantic City. He says it's harder than ever to keep good casino jobs.

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