Atlantic City Casino Revenue Decline Slows in May
Atlantic City’s casinos still aren’t playing “Back In Black” over their loudspeakers, but the decline in their revenue slowed significantly in May.
The city’s casinos won more than $253.1 million last month, a decline of 3.8 percent compared with a year ago.
Although still a decline, the figure is far less than the double-digit declines the casinos registered in the first four months of this year.
Slot machines took in nearly $180 million in May, down 3.7 percent from a year ago. Table games revenue was just over $73 million, down nearly 4 percent from a year ago.
Eight of the 12 casinos reported revenue declines for the month. The Atlantic Club, the Borgata, Caesars and Resorts reported increases.
(Copyright 2013 by The Associated Press. All Rights Reserved.)