How Hurricane Sandy is Affecting Casino Employees Here's a look at the situation for restaurateurs and food service employees in Atlantic City. According to Reuters, a Moody's report today says that revenues in Atlantic City "will be down by 25 percent in both the fourth quarter and the first quarter, and earnings will be down by up to 50 percent."Īnd while the casinos are no longer losing the reported nearly $5 million a day combined, it's still devastation for the casinos' many, many hospitality workers. It was not so much physical destruction - though there was that, too - but also the economic pain inflicted by the five-day mandatory shuttering of the casinos and their many restaurants. ![]() News out of Atlantic City, New Jersey, last week was pretty bleak with the devastating effects of Hurricane Sandy.
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