Despite a slight revenue dip in April, Atlantic City casinos saw a strong increase in revenue for May bringing in 9 million.
That’s a 4.3 percent increase over May 2016, even though the city has one less casino operating. If the revenue figures for the Trump Taj Mahal—which closed in October—are taken out, the city’s seven remaining casino saw a 12 percent increase in revenue.
Online gaming revenue in the state remained strong, increasing 27 percent over 2016 to $21 million, though that’s slightly less than online revenue for April of this year.
Only Bally’s Atlantic City saw a revenue decline for the month, with a dip of just 0.3 percent to $18.1 million.
“That’s a great start to the summer,” said Matt Levinson, chairman of the New Jersey Casino Control Commission. “With all of the events planned around the city for the summer, I anticipate we will see casino revenues continue to increase.”
According to an analysis of figures released by the New Jersey Division of Gaming Enforcement by the Associated Press, the Borgata casino continued to lead the market $71.8 million in May, an increase of 10.6 percent from May 2016. Tropicana Atlantic City was second with $32.8 million, up 21.5 percent from a year ago, and Harrah’s was third at $29.5 million, up 0.2 percent.
Caesars ($29.4 million) had the largest percentage increase, up 23.6 percent; the Golden Nugget won $24.5 million, up 17 percent, and Resorts won $15.3 million, up 9.8 percent, according to the AP.
For online gambling, the Golden Nugget was first in the market winning $5.9 million online. Resorts Digital and Tropicana were tied at $4 million each, while Caesars Interactive won $3.6 million and Borgata won nearly $3.5 million.
For the month, the casinos won $144 million at slot machines, down 3.6 percent, and $64.3 million at table games, up 19.2 percent. Through the first five months of this year, Atlantic City’s casinos have won $1.07 billion, an increase of 3.9 percent compared to the same period last year, the AP’s report said.
