Contact Us
Make My Homepage

Atlantic City’s May Revenues Disappoint, Especially For Revel [AUDIO]

May’s Atlantic City casino revenue numbers were disappointing. But the biggest disappointment came from the newest casino, where a lot a hopes have been pinned.

Revel Casino
Matthew White, Townsquare Media

Casino revenues were down 9.5 percent during the month of May. They totaled 263-million dollars. At the new, 2.4-billion-dollar Revel, May revenues totaled 13.9-million dollars that ranked it eighth out of the city’s 12 casinos, only a slight increase from the 13.4-million revel totaled in April.

Revel got off to a slow start in April, during what it called a preview period designed more to test equipment and procedures than to rake in money. In May, it had its four-day grand opening featuring high-profile concerts by Beyonce.

Roger Gros of, “Global Gaming Business” magazine says he’s disappointed in the Revel revenues but he says he is not going to sound the alarm until he sees the June numbers. And Gros says, the June numbers, frankly, have to be at least twice what we are seeing now.”

While Atlantic City’s new marketing campaign focuses on the town’s non-gaming attractions, Gros says the casino floor is still the core of what goes on in A-C. And that core is inextricably tied to Revel.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Best of NJ101.5

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for New Jersey Insiders quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive New Jersey Insiders contests, events, coupons, presales, and much more delivered to you for FREE.