More Bad News for Atlantic City’s Revel
Revel remains stuck in eighth place among Atlantic City’s 12 casinos in terms of gambling revenue.
Data out Tuesday shows New Jersey’s newest casino took in $14.9 million in June, its third month of operation. It won $13.4 million from gamblers in April, and nudged up only slightly in May to $13.9 million.
The $2.4 billion casino resort is being counted on to help rejuvenate the struggling gambling market in Atlantic City, but has gotten off to a decidedly slow start.
Atlantic City’s 12 casinos collectively posted a revenue decline of less than 1 percent in June, winning nearly $275 million.
(Copyright 2012 by The Associated Press. All Rights Reserved.)