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Atlantic City Needs to Boost Nongaming Options, Experts Say3 August 2004ATLANTIC CITY -- As reported by the Associated Press: "Experts told a Senate committee on Monday that Atlantic City needs to significantly boost entertainment and other nongaming options in order to limit any loss of casino business when slot machines arrive in Pennsylvania. "Several of those who testified before the Senate Wagering, Tourism and Historic Preservation Committee estimated that slot machines in the neighboring state could siphon as much as 10 percent of cash revenue from Atlantic City casinos. "...Lawmakers in Pennsylvania recently approved a plan to put up to 61,000 slot machines in 14 venues around the state. The Senate committee held Monday's session to gauge how Atlantic City would be able to respond to the competition. "Eric L. Hausler (a gaming analyst...) said that about 20 percent of the customers who now gamble at Atlantic City casinos are from Pennsylvania. "...One casino official said that Atlantic City could make up for the loss by making an effort to raise revenue from sources other than slot machines and blackjack tables..." |