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Hurricane Irene Slams Atlantic City Gambling Revenue Hurricane Irene didn’t do much physical damage to Atlantic City casinos (the second largest gambling market for US casinos behind Las Vegas) but the revenue lost due to closures over one of the busiest gambling weekends had a huge financial impact. Gambling revenues for August for Atlantic City casinos were down nearly 20%, marking the largest monthly decline in Atlantic City’s history. Irene forced all 11 casinos to close for the typically very busy weekend. Revenues were down across the board, with slot machines off 21% and revenue from table games such as  [ Read More ]