Thursday, June 19, 2008

Some Bingo Players and Other Gamblers Debate: Gas or Gamble?

Keeping in line with our earlier post about higher gas prices and their affect on bingo players, here's an excerpt fromPressofAtlanticCity.com . It covers the affect gas prices have had on casino goers in Atlantic City:


Walter Huzior and his wife, Edith, usually visit Atlantic City's casinos four times per year, but this summer they probably will cut back on the gambling trips from their Long Island, N.Y., home.
Soaring prices at the pump forced them to pay a whopping $4.59 per gallon for the premium fuel that powers their Mercury Grand Marquis and its gas-guzzling V-8 engine.

"It's about $20 to $25 more for gas this year to make the drive from Long Island," Walter Huzior complained Wednesday after pulling into the parking garage at Caesars Atlantic City. "Higher gas prices leave less money for gambling."

With gas prices surging above $4 per gallon and likely to go higher for the peak summer driving season, there is concern that casinos could suffer an even sharper downturn in business in what has started as a slow year. About 80 percent of Atlantic City's 33.3 million annual visitors arrive by car, making tourism here particularly vulnerable to volatility in fuel costs.

"I don't like it. It will make for fewer trips this year," Vincent Rizzo, a gambler at Trump Plaza Hotel and Casino, said of the impact of higher gas prices. "I used to come here three times a week. Now, it will be once a week."

For the complete story, please see Donald Witkowski, Atlantic City casino customers face a decision: Gas or gamble?, PressofAtlanticCity.com, June 16, 2008

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