..

Atlantic City Gambling Revenue Down in July

Written by:
C Costigan
Published on:
Aug/15/2017

ATLANTIC CITY, N.J. (Associated Press) — Casino revenue in Atlantic City was down last month 2.7 percent over last year, yet the seven remaining casinos saw a slight increase.

The remaining casinos, excluding the shuttered Trump Taj Mahal, saw a 3.9 percent increase. That includes an 18.5 percent increase in internet gambling.

"It is clear that business is building for the seven operating casinos and I am optimistic it will continue to grow in the months ahead," said Matthew Levinson, chairman of the Casino Control Commission. He noted that there was one less weekend day in July 2017 compared to last year.

The biggest percentage increase was posted by Resorts, up 14.4 percent to $20.4 million. The Tropicana saw a nearly 13 percent increase to $37.5 million.

The Borgata remained Atlantic City's top casinos in terms of gambling revenue with $76.3 million, but that was down from $80.3 million in July 2016. The Golden Nugget also saw a slight decrease, while Bally's, Caesars and Harrah's were slightly up.

Among internet gambling providers, the Golden Nugget's take increased again, up nearly 69 percent to $6.2 million.

The casino's take for the year through July was $1.417 billion, a 0.5 percent increase over 2016.

Gambling News

How Difficult is Sports Betting Math

 

Learn the numbers behind sports betting and how it works. What are the chances of winning? How do you break even?

Pete Rose Becomes New Spokesperson for VegasWinners.com

Pete Rose Becomes New Spokesperson for VegasWinners.com

Reno, NV, VegasWINNERS, Inc. announced today that Baseball’s all-time hits leader Pete Rose is back in the spotlight as spokesperson for VegasWINNERS national marketing campaign. VegasWINNERS.com provides sports betting enthusiasts with high quality analysis, research, data, guidance and professional advice.

3 Gambling Myths Explained

Gambling has been a part of mass culture since the 6th century BC.  In all that time, there have been a large number of gambling myths that have sprung up.

Gambling for Real Money in Australia - Is It Legal and Profitable?

Gambling for Real Money in Australia - Is It Legal and Profitable?

It seems impossible to play and earn money when every penny comes from hard work and diligence. But thanks to online gambling Australia, you can succeed after a few bets. If you do not want to risk your investments, then this method is not for you.

Experts Believe Covid-19 and Fan Eagerness May Expand Sports Betting in US

Experts Believe Covid-19 and Fan Eagerness May Expand Sports Betting in US

Experts believe that huge holes in state budgets due to the coronavirus pandemic and the demonstrated eagerness of fans to bet on sports are likely to spur a further expansion of sports betting and online casino gambling.

Syndicate