Dec. casino winnings down 8.9% compared to Dec. 2011

Atlantic City casino winnings for December fell 8.9 percent compared to December 2011, to $223.5 million, according to figures released today by the Division of Gaming Enforcement. The figure for December in the prior year was $245,461,797.

The division reported that this was in comparison to a decline in November of 27.9 percent, attributable in part to the damage caused by Superstorm Sandy.

The state reported that there had been a 13 percent average decline in the period of Nov. 10 to 30 following Sandy.

Before Sandy struck, casino wins were down 4.8 percent through September, the state reported.

Winnings for the full year were at $3.05 billion, a drop of 8 percent compared to 2011, the division stated. The winnings for the prior year to date were $3.31 billion.

The casinos paid about $15.7 million in taxes on gross revenues in December.  That goes into a Casino Revenue Fund that pays for programs to help seniors and those with disabilities.

Dec. casino winnings down 8.9% compared to Dec. 2011