Post Tagged with: "Caesars"

Atlantic City Shutdown Misses Peak; Hurricane Sandy Threatens 20% of Caesars Revenue

Atlantic City Shutdown Misses Peak; Hurricane Sandy Threatens 20% of Caesars Revenue

Atlantic City Shutdown Misses Peak; 4Q Revenue Usually Drops 17% Atlantic City shut all casinos Sunday afternoon in advance of Hurricane Sandy. Gaming will likely be suspended through at least Tuesday, possibly longer, with widespread flooding expected. The impact on gaming could be relatively limited given casino wins in 4Q average 17% less than the summer peak. Sandy striking during […]

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