Regions Midatlantic | Philadephia
Atlantic City Casinos See Uptick in Revenue
June 11, 2008
Source: Philadelphia Inquirer

Figures from the New Jersey Casino Control Commission indicate good news for the 11 casinos in Atlantic City -- during the month of May, the gambling halls took in $415.3 million, a jump of 1.6 percent from a year earlier.

This represented only the second time in 2008 that the casinos saw a monthly increase. That jump is being attributed to the continued popularity of table games, as well as customers such as businessman Anthony DePula. "I've been going to Atlantic City for 28 years, and I'm not about to stop," DePula told the Philadelphia Inquirer.

 
Recent Philadelphia Headlines
Proposed $1B Philadelphia Skyscraper Gets Zoning Approvals, Awaits City OK
The American Commerce Center, a $1 billion, mixed-use skyscraper proposed for 1800 Arch St., in Philadelphia’s Center City, moved another step closer to reality this week when the city’s planning commission unanimously approved zoning changes for the 1.5-acre site.
BPG Completes Phase II of Philadelphia M-F Portfolio Buy
BPG Properties Ltd has completed the second phase of a three property multi-family portfolio acquisition from a publicly-traded REIT.
cira south Credit Crunch Gives Blue Chip Builders the Blues in Boston, Philadelphia
As if more proof were needed that the lending environment is hammering even top-of-the-line development, project backers in Boston and Philadelphia have acknowledged that the capital markets crisis is forcing them to put some of those cities’ showcase projects on hold.
waldorf $420M Waldorf Coming to Philadelphia
A 58-story Waldorf=Astoria Hotel and Residences has been announced for Philadelphia, set to open in 2012. The $420 million mixed-use project will be co-developed by Mariner Commercial Properties Inc. and Gatehouse Capital Corp.