Atlantic City casinos' revenue falls 18.7 percent in December, biggest monthly decline everRevenue at Atlantic City's 11 casinos took a record-breaking plunge last month — the final insult in a second straight down year for the resort city. The casinos won $302 million from gamblers in December, down 18 ...

Throughout this downturn, big Strip casinos have kept hotel occupancy high by cutting room rates and offering discounts and other amenities. But this volume-driven strategy has a key weakness. In recent months, the profits of several big casino operators have fallen faster than revenue, or total sales before expenses. It ...