ATLANTIC CITY SHOWED STRONG AUGUST, BUT DECLINE IN SEPTEMBER

Tourism numbers were strong right before a number of casinos closed in Atlantic City. The Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism at Richard Stockton College released its third quarter results, showing a that August was strong but September was not. The hotel occupancy fee was up 10.6 percent in August, but declined 15.9 percent in September versus the year prior. Revel, Showboat, and Trump Plaza all were closed at the end of Aug. or in Sept. and didn’t complete the month. Luxury tax collections were also up four percent in Aug. but declined 21 percent in Sept.