Atlantic City gambling revenue increased 5.5% in August

NJ casino industry keeps showing signs of improvement

Casino gambling revenue, excluding the closed Trump Taj Mahal, totaled more than USD 244.8M during last month, compared with more than USD 232M in August 2016.
2017-09-14
Reading time 41 seg
Casino gambling revenue, excluding the closed Trump Taj Mahal, totaled more than USD 244.8M during last month, compared with more than USD 232M in August 2016.

“These figures show the continued stabilization of the Atlantic City casino market buoyed by consistently positive online gaming numbers,” said David Rebuck, director of the state Division of Gaming Enforcement, in a report published by The Press of Atlantic City.

For the year-to-date, casino revenue for the remaining seven casinos in the state totaled USD 1.8B through August, compared with $1.6 billion in the prior period, an increase of 9.2 percent.

“We all know that summer is the crucial time for casinos, and a strong performance from Memorial Day to Labor Day is key to their success,” said Matthew B. Levinson, chairman and CEO of the state Casino Control Commission.

According to the official financial report released by the state gaming authority, internet gambling grew by 32.4 percent. The iGaming sector totaled about $21.2 million in August compared with more than $16 million a year ago.

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