"Atlantic City's casino revenue fell below $3 billion last year for the first time in 22 years, as increasing competition in the northeastern U.S. continued to shrink the market.....It marked the seventh straight year of plunging gambling revenue for Atlantic City, which won $5.2 billion in 2006.
That was the year the first of what would become 12 Pennsylvania casinos opened, cutting deeply into a market the New Jersey resort town once called its own."
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