ATLANTIC CITY CASINO REVENUES DIP 3.6 PERCENT IN JULY
10th August, 2013 at 02:42:16
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.
Related News Tags: Atlantic City, Harrahs