Atlantic City gambling revenue dragged down by Trump Taj Mahal closing

October revenues at properties fell by nearly 3 percent — coming in at $186.4 million last month compared with $191.6 million a year ago, according to the state Division of Gaming Enforcement.

However, revenues at the seven still-operating casinos were up in October compared to a year ago, with the biggest percentage casino-win growth at Tropicana Atlantic City, Golden Nugget and Borgata Hotel, Casino and Spa.

Revenues at the seven still-operating properties were up about 4 percent to $185.5 million in that same period, not including internet operations.

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October reflected a tough month for AC, which lost its fifth casino in less than threeyears

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In its remaining days, the Taj Mahal failed to surpass $1 million in gambling revenues for the week and a half it was open in October. That was just 6 percent of what it generated in all of October 2015.

But Matthew B. Levinson, chairman and executive director of the Casino Control Commission, said it was a good month at the surviving casinos for tables games, slot machines and Internet operations.

“I anticipate the operators will continue to focus on improving their business in Atlantic City,” Levinson said.

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Internet gambling was a particularly bright spot for growth, reaching USD 16.7M last month

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This represents a nearly 30 percent increase from a year ago, according to state figures.

The Taj Mahal, once called the “Eighth Wonder of the World” by former owner Donald J. Trump, closed Oct. 10 after management accused striking Unite Here Local 54 members of preventing a “path to profitability.”

For the first 10 months of the year, Atlantic City gambling revenues including brick-and-mortar casinos and Internet gambling reached about $2.2 billion, according to state figures. This is a 1.4 percent increase from the same period last year, with growth driven by Internet gambling.