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Lead Writer
A stagnant gambling market and an uneasy national economy are impacting Atlantic City casinos, as the most recent financial reports highlight the industry's ongoing struggles.
New Jersey sportsbooks fell short of $1 billion in legal bets in February, a disappointing result given the month's full sports calendar.
New Jersey sportsbooks reported $93 million in revenue on more than $1.025 billion in legal bets in March, according to state gambling data.
A handful of Atlantic City casinos are named in a proposed call-action suit by customers claiming the hotels have artificially inflated room rental prices for years.
New Jersey sportsbooks set a new U.S. record in October, taking more than $1.3 billion in bets and shattering September's all-time high.
New Jersey voters are not in favor of allowing legal sports betting on in-state college teams or events, according to a recent poll.
