Atlantic City Casino Revenue Down in November

With the Trump Taj Mahal casino now closed, casino revenue in Atlantic City declined 3.5 percent in November. However, revenue for the city’s seven remaining casinos was up 3 percent, reflecting a trend that has been happening since city casinos began closing in 2014.

The loss of the Trump Taj Mahal Casino sent Atlantic City casino revenue down 3.5 percent in November.

However, the city’s seven remaining casinos saw their revenue increase by 3 percent to about $197.3 million not counting the Taj Mahal’s figures from 2015. Overall, gambling revenue for the year is up by 1 percent to $2.39 Billion through November.

The numbers were buoyed again by strong online gaming figures, which brought in $17.2 million in November, up nearly 30 percent from a year ago. The Taj Mahal, which closed October 10, did not have an online gaming component.

According to figures released by the New Jersey Division of Gaming Enforcement, two casinos saw decline. The Borgata was down 0.2 percent compared to November 2015 to $57 million while Caesars dropped 12.4 percent to $21.3 million.

Tropicana casino was up 12.1 percent to $25.3 million; Harrah’s was up 2.4 percent to $30.8 million; Golden Nugget was up 2.7 percent to $16.7 million; Bally’s was up 6.6 percent to $16.3 million and Resorts was up .4 percent to $12.6 million.

**GGBNews.com is part of the Clarion Events Group of companies (Clarion). We take your privacy seriously. By registering for this newsletter we wish to use your information on the basis of our legitimate interests to keep in contact with you about other relevant events, products and services which may be of interest to you. We will only ever use the information we collect or receive about you in accordance with our Privacy Policy. You may manage your preferences or unsubscribe at any time using the link in our emails.