Surviving casinos' revenue down 1.9 percent in Atlantic City

Even the eight surviving casinos saw their revenue fall by 1.9 percent compared with February 2014. The casinos pulled US$ 178.4 million in February, a month beset by heavy snowfall.

"It comes as no surprise that February's snows and brutally cold temperatures hurt casino revenues," said Matt Levinson, chairman of the New Jersey Casino Control Commission. "The Internet gaming operations turned in a strong performance even though one lucky player hit a US$ 1.5 million online jackpot."

Internet gambling brought in US$ 10.4 million in February, up nearly 1 percent from a year ago, but it was hurt by the US$ 1.5 million jackpot won by the player on the www.betfaircasino.com site.

Four of Atlantic City's 12 casinos shut down in 2014, and three of the survivors are currently in bankruptcy.

The biggest monthly increase was once again turned in by the Golden Nugget, whose US$ 15.9 million was up 22.5 percent from February 2014. Resorts was up 11.1 percent to US$ 10.7 million.

The Tropicana raked in US$ 22 million, up 4.6 percent, and Harrah's brought in US$ 27.4 million, up 3.9 percent.

Caesars Interactive, the online gambling arm of Caesars Entertainment, took in US$ 2.5 million, a decline of 24.2 percent from a year ago. The Trump Taj Mahal deposited  US$ 12.1 million into its coffers, down US$ 22.7 million from a year ago.

Bally's was down 13.6 percent to US$ 14.3 million; Caesars was down 3.7 percent to US$ 24.6 million, and the Borgata turned in a rare monthly decline, falling 2.7 percent to US$ 48.6 million.

The casinos paid US$ 14 million in state taxes in February. So far this year, the eight surviving casinos have raked in US$ 375.9 million, down 7.2 percent from the same period last year.