Casinos Nationwide Show Bearish Slowdown This July
In July, US casinos faced a significant decline in visitor numbers, marking it the year's second-worst month for foot traffic. Major markets like Illinois and Atlantic City reported steep drops, with overall visitation nearly 20% below pre-pandemic levels. While Las Vegas struggled, regional casinos showed potential for growth. Compounding the issue, illegal online gambling siphoned revenue from licensed operators. Analysts remain cautious, awaiting signs of recovery in August amidst economic uncertainty.