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Atlantic City down a casino, revenue to follow

30 December 2013

ATLANTIC CITY, New Jersey -- Amid the impending closure of the Atlantic Club casino, Atlantic City must now adjust it's revenue prospects to 11 casinos down from 12, the Philadelphia Inquirer reported.

Casino property tax appeals have also taken a toll on gaming revenue, the report said.

Comparisons are being made to Detroit as the city continues to toil economically with casino competition from neighbouring states, the Philadelphia Inquirer report said.

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