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Atlantic City casino revenue falls again

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

Slot machines
Fernando Camino, Getty Images

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 revenue figures for Atlantic City’s 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

 

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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