Atlantic City casino revenue down 11% in July - New York News

Atlantic City casino revenue down 11% in July

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By WAYNE PARRY | AP

ATLANTIC CITY, N.J. (AP) -- Atlantic City's casinos took in 11 percent less from gamblers in July than they did a year ago.

Figures released Wednesday by the state Division of Gaming Enforcement show the 11 casinos won $274 million in July, compared with $297.1 million in July 2013.

That includes $10 million in Internet gambling revenue, which was up by about $500,000 from June.

The numbers come as Atlantic City's casino market is undergoing a rapid, unprecedented contraction. It started the year with 12 casinos, but will have eight before fall.

The Showboat is set to close on Aug. 31, followed by Revel on Sept. 10, and Trump Plaza six days later. The Atlantic Club closed in January.

July 2014 revenue for Atlantic City casinos

  • Borgata: $60.2 million, down 6.2 percent from July 2013
  • Harrah's: $35.5 million, up 2.1 percent
  • Caesars: $28.1 million, down 20.1 percent
  • Tropicana: $27.7 million, up 34.2 percent
  • Bally's: $22.7 million, down 6.1 percent
  • Trump Taj Mahal: $21.6 million, down 18.4 percent
  • Golden Nugget: $18.2 million, up 40.5 percent
  • Showboat: $15 million, down 19.1 percent
  • Revel: $14.8 million, down 36.3 percent
  • Resorts: $14.3 million, up 3.4 percent
  • Trump Plaza: $5.3 million, down 34 percent

Source: New Jersey Division of Gaming Enforcement

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