Casino News Article of the Month: Casino Nordica to Close Their Doors at Start of July

It should come as no surprise that Atlantic City is on a losing run (as one might say in the gambling world). And while there were signs the last couple of years that Atlantic City may be on a downward decline (Trump Casinos being the most telling sign of all), not even the most savvy casino gaming analysts could have predicted that every month of 2007 would be the brunt of a continual decline of gambling revenue in Atlantic City. And so it is that the casino Mecca of the Eastern United States has incurred a decline in revenue for the first time in almost thirty years. Why now you ask? Is it just coincidence that every month in 2007 has progressively lagged in performance? Have gamblers finally gotten too smart for the casinos? Well, as grand as the latter would be, we all know the Casinos Edge will always have its say over players. Considering the successful track record of Atlantic City, it would seem that 2007 should be another successful year of profitable business for New Jersey casinos. Upon further examination of the scene, however, there are definite occurrences that have been contributing to Atlantic City's predicament. The most obvious of these was the exiting of Sands Casino. However, the fact that Sands felt pressured to close their doors in the first place was indicative of a decline that had already been set in motion. The majority of analysts will agree the big killer for A.C. has been the expansion of the casino gambling industry in nearby Pennsylvania. Two of the globe's largest casinos already enjoy an excellent stream of business, with even more casinos scheduled to go up in the near future. Atlantic City has a handful of casinos of their own going up as well, although it remains to be seen whether this will be enough to pull the gaming giant out from its slump.