Casino’s suffer fall in revenue
Atlantic City Casinos down 5% last month
CASINO revenue in Atlantic City dropped by 5% last month, according to statistics released on Tuesday by the state Division of Gaming Enforcement. The 12 casinos took in $266.3 million in March, down $280.5 million from a year ago.
Statistics released Tuesday by the show that Table game revenue fell by 10.6 percent to $75.2 million, while slot machine revenue dropped 2.7 percent to $191.1 million. The data includes three limited-hour test days held at the state’s newest casino, Revel. The casino saw $162,982 in revenues during that period.
The Resorts Casino suffered the largest decline in March, with revenue down 27.6 percent, from $15.3 million to $11.1 million. The Trump Taj Mahal Casino Resort saw the largest increase, with revenue up 17.1 percent, from $24.6 million to $28.9 million.
Overall, casinos have won $746 million in this year’s first quarter, down 6 percent from the same period in 2011. Revenue from slot machines is down 2.4 percent to start the year, while table game revenue is down 14 percent.
The Atlantic Club Casino saw the largest decline in the first quarter, from $34.3 million to $25.7 million, or 25.1 percent. The Borgata Hotel Casino & Spa saw the largest increase in the first quarter, from $151.9 million to $156.1 million, or 2.8 percent.
