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>> JERSEY SHORE Latest News

OCT 03, 2013 - Time

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Too Many Casinos: Looks Like We’ve Reached Gambling Saturation

Americans are gambling more lately. From 2011 to 2012, U.S. casino gaming revenues rose 4.8% and hit $37.3 billion, just under the record high of $37.5 billion reached in 2007. And yet even as states push forward with plans to open more casinos around the country, there are indications that gambling revenues are leveling off—that we’re reaching a saturation point, with too many casinos, in too close proximity, for everybody to win. The casino business in Atlantic City, for example, has been on the decline for half-a-dozen years, and it’s no secret why: What with increasing ... Read More

Tags: Too Many Casinos: Looks Like We’ve Reached Gambling Saturation,  Jersey Shore Latest News