Atlantic City Casinos Post 13% Gambling Revenue Gains in August

Atlantic City Casinos Post 13% Gambling Revenue Gains in August

While the increase is good news, last August New Jersey casinos had to close for a weekend due to Tropical Storm Irene so casinos were up against reduced numbers. This year also included revenue from the new Revel casino, which wasn’t open in 2011.

“I don’t think one month is indicative of anything, but we’re continuing to see some progress,” said Revel CEO Kevin DeSanctis of the numbers.

Borgata Hotel Casino & Spa, as usual, brought in in highest revenue with $55.3 million in August, a 1 percent increase from last year. The Atlantic Club Casino Hotel, which has been struggling financially recently had the biggest gain in revenue from last year, up 25 percent from August 2011.

Other casinos which saw double-digit revenue increases from last year included Trump Taj Mahal Casino Resort at 21 percent, Golden Nugget Atlantic City at 16 percent, and Harrah’s Resort, up 15 percent.

American Casino Guide