Atlantic City Casino Revenues Dip 3.6 Percent In July

ATLANTIC CITY CASINO REVENUES DIP 3.6 PERCENT IN JULY

10th August, 2013 at 02:42:16
Source: http://www.azonlinecasinos.com

Slot machines continue to dominate the action

Atlantic City casino revenues took another downward slide in July, according to the latest official numbers, which reveal that the 12 casinos won $297.2 million from gamblers in July 2013, down 3.6% from $308.2 million in July 2012.

$215.5 million came from slot machine action, and an additional $81.7 million from table games.

The troubled Revel Casino Hotel produced the best results, thanks to a major slots refund promo it ran; the enterprise generated revenues up over 33% to nearly $23.4 million - its best month ever.

The Associated Press news agency reports that nine AC casinos saw revenues decline in July, led by the Tropicana Casino and Resort, which fell 26% to $20.6 million due largely to an unlucky month at table games. Trump Plaza Hotel Casino was down nearly 25% to $8.1 million; the Showboat Casino Hotel was down 19% to $18.6 million; and Bally's Atlantic City was down nearly 14% to $24.2 million.

Harrah's Resort Atlantic City was down 10.7% to $34.8 million; the Trump Taj Mahal Casino Resort was down 10.6% to $26.5 million; and Caesars Atlantic City was down 4.6% to $35.2 million.

The Atlantic Club Casino Hotel was down 3% to nearly $14.2 million, and the Golden Nugget Atlantic City was down 1.6% to nearly $13 million.

For the first seven months of the year, Atlantic City's casinos won $1.68 billion, down 9.6% from the same period last year.

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