Atlantic City casino revenue took its first plunge of 2017 in April, falling 1.6 percent.
However, when revenue figures for the closed Trump Taj Mahal are removed—the Taj closed in October and had about $15 million in revenue in April 2016—the city’s remaining casinos actually saw a 6 percent increase in revenue. Only two city casinos—Harrah’s down 7 percent and Bally’s down 5.3 percent—showed revenue declines for the month.
Figures released by the New Jersey Division of Gaming Enforcement show the casinos won $211.6 million in April.
The city’s casinos also saw a lower take at casino gaming tables.
“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 in a press statement. “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.”
According to the Associated Press, figures show an overall increase of 3.8 percent for the industry as a whole in the first quarter and an 11 percent increase for the seven currently operating casinos.
The Golden Nugget’s revenue was more than 17 percent compared to April 2016 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 $62.6 million. Resorts was up 0.6 percent to $13.9 million, according to the AP’s analysis.
Online gambling remained strong with the Golden Nugget leading the market with $5.3 million in online winnings. The report came as Golden Nugget announced it was the first online casino in the state to offer more than 400 total slots and casino games.
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, according to the AP.
Resorts online casino, as well as Mohegan Sun online—which is partnered with Resorts casino in Atlantic City—also announced they now offer more than 400 different games on their sites.
