Atlantic City casino revenue falls in April
According to the official report, the amount of money won from gamblers dropped 1.6%. However, this data included the now-shuttered Trump Taj Mahal casino, which closed in October.
““When the Taj Mahal is excluded, the seven surviving casinos saw a revenue increase of nearly 6% in April compared to a year ago.
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"Every one of the operating casinos won more at their slot machines last month than in April 2016, and every property that offers internet gambling reported healthy increases as well," said Matt Levinson, chairman of the New Jersey Casino Control Commission. "The win from table games declined last month, in large part because players were luckier this April than in last April. Swings like that have to be expected. It is, after all, gambling."
““Figures for the first quarter of this year show an overall increase of 3.8% for the industry, and 11% for the seven currently operating casinos.
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Only Harrah's (down 7.2 percent to $26.9 million) and Bally's (down 5.3 percent to $17.1 million) experienced revenue declines in April.
The Golden Nugget was up more than 17 percent compared to a year ago, at $23.4 million.
The Tropicana was up 16.6 percent to $32.2 million; Caesars was up 12.9 percent to $27.8 million, and Borgata was up 4.5 percent to a market-leading $62.6 million. Resorts was up 0.6 percent to $13.9 million.
““The Golden Nugget took over the top spot in New Jersey's thriving internet gambling market, with USD 5.3M in online winnings.
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Borgata was second at $4.2 million, while Tropicana, Resorts Digital and Caesars Interactive-NJ were closely grouped in the $3.5 million to $3.9 million range.
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