02Logo WFAN 1010WINS WCBS tiny WLNYLogo

Business

Atlantic City Casino Revenue Down 12.5 Percent In February

Superstorm Sandy's destruction is seen in Atlantic City - Oct. 30, 2012 (credit: Mario Tama/Getty Images)

Superstorm Sandy’s destruction is seen in Atlantic City – Oct. 30, 2012 (credit: Mario Tama/Getty Images)

ATLANTIC CITY, N.J. (AP) - Atlantic City‘s casinos took in 12.5 percent less from gamblers in February than they did a year ago.

Figures released Monday by the state Division of Gaming Enforcement show the city’s 12 casinos took in $212.3 million.

The decline was helped by the fact that 2012 was a leap year in which February had 29 days, compared with the usual 28 this year.

Revel, the city’s newest casino which will file a Chapter 11 bankruptcy petition this month, saw revenue rise to $9 million, up from $7.9 million in January.

February is traditionally one of the slowest months of the year in Atlantic City.

The state is hoping its legalization of Internet gambling, which could take effect by the end of this year, will provide new revenue and end the decline.

(Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Listen Live!

Follow CBS New York

Like us on foursquare

New York City Guides

Tornado Help
Tornado Relief
How to help the residents of Moore, Okla., after the deadly top-of-the-scale EF-5 twister.
 New York City Guides
Food & Drink
The latest on New York City’s diverse dining scene: Restaurant openings, the best meals, and fun takes on food.
 New York City Guides
Nightlife & Bars
From events to the latest cocktail creations, all you need to navigate the extensive NYC nightlife scene.
 New York City Guides
Family & Pets
Plan a weekend getaway with the kids, share tips with fellow parents or find a groomer that suits your pooch.