With Atlantic City facing a series of possible casino closures—three casinos could close by mid-September—the resort got some good news as casino revenue for June rose 4 percent over last year.
Well, sort of.
The four percent rise comes if you don’t factor in the revenue made in 2013 by the Atlantic Club. The casino closed in January. Counting the Atlantic Club, casino revenue was down 5.7 percent for the month.
The revenue figures were also buoyed by $9.5 million in online gaming revenue that wasn’t available in June 2013. Online gambling started in the Garden State in November. The $9.5 million, down from $10.4 million in May, however, marked the third month in a row that online revenue declined.
With the online revenue and without the Atlantic Club, the casinos won $235.9 million in June, up from $227.1 million in June 2013.
Three Atlantic City casinos have announced they may close at the end of September. The three—Revel, Showboat and Trump Plaza—all had the weakest Junes in the city.
Trump Plaza’s revenues were down nearly 32 percent from a year ago to $4.7 million. Showboat was down 16.6 percent to $14.1 million, and Revel was down 1.9 percent to $11.3 million.
The Golden Nugget posted the biggest monthly increase, up more than 34 percent to $14.3 million. The Tropicana Casino & Resort was up nearly 23 percent to $25.8 million.
As for online gambling, the Borgata Hotel Casino & Spa continued to lead the market with $3.4 million in online winnings. Caesars Interactive had $2.6 million, the Tropicana had $1.7 million, the Golden Nugget had $710,635 and the two Trump casinos each had about a half million in online revenue in June.
