Atlantic City’s eight surviving casinos continue to show signs of health, with only one gaming venue posting a year-on-year revenue decline in July
Total brick-and-mortar gaming revenue in the seaside casino hub rose 7.1% to $245m in July. Factoring in contributions from the casinos that have closed since July 2014, the revenue figure would be down 7.3%. Neither figure includes the $12.5m in online gambling revenue New Jersey’s licensed operators earned in July.
The Borgata not only led the elite eight in revenue generation at $71.8m, it also posted the month’s largest gain, rising 19.2% year-on-year. By comparison, second-place finisher Harrah’s was up a mere 1.5% to $36.1m.
The Tropicana upended the traditional rankings by knocking Caesars Atlantic City into fourth place. The Tropicana rose 5.2% to just under $29.2m, while Caesars rose 3.1% to $29m.
Bally’s was flat at $22.8m, while the Golden Nugget rose 10.4% to $20.1m. The troubled Trump Taj Mahal posted the month’s only revenue fall, slipping 11.8% to $19.1m, while Resorts Casino Hotel rounded out the chart up 16.9% to $16.8m.
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