If we were to ask you what are the two top casino markets in the country, you'd say Las Vegas and Atlantic City.
But now for the first time, Atlantic City has been edged out by Pennsylvania and their slot barns (just racing and slots, no table games).
This was writing on the wall for AC, whose customer base is primarily in surrounding areas of the New Jersey gambling boardwalk. And with the tribal casinos in Connecticut (Mohegan Sun, Foxwoods) also stealing revenue from AC, unless they do something to change, Pennsylvania could stay solidly in the number 2 slot.
Players visiting Pennsylvania's nine casinos wagered $2.12 billion ($189 million lost) in December 2009. Players in Atlantic City's 11 casinos wagered $2.03 billion ($179 million lost).
Las Vegas's revenue is approximately 4 times Pennsylvania.
Pennsylvania recently opened two new casinos (now even with Atlantic City) and will soon have table games installed.
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