Atlantic City Department of Gaming Enforcement reported on Wednesday that the casino revenue from the eight gaming properties in the city was down for the second month in a row. June revenues reached a total of $197.5 million, which is a drop of 3.6% compared from the same period last year. If remote gaming numbers are added to the calculations, then June numbers total $213.9, revealing a 1% decrease.
Nonetheless, gaming revenue at casinos has improved for about 1% for the year considering the fact that during June, 2016 the establishments generated over $1.15 billion in gaming revenue i.e. more than last June’s $1.14 billion. Overall gambling, remote gaming included, also improved for 2.5%; the numbers show that over the first six months of 2016 this segment totalled $1.25 billion.
When it comes to individual performance, the report shows that Borgata has scored the highest casino win, but also it’s a leader in terms of Internet gambling. Despite the strong numbers of $56.0 million casino win and $3.8 online gaming revenues, Borgata performed weaker than last year when its casino win was by 1% higher $56.7 million.
The biggest loser in terms of decline was Caesars Casino with an 11% drop from $28.2 million to $25.2 million. Taj Mahal is the biggest winner whose June casino win was $17.3 million or by 13% better than last year’s $15.3 million. Resorts earned the least this year; however, its win of $15.0 million is by 10% higher in comparison to last June’s $13.7 million.
The chairman of New Jersey Casino Control Commission, Matthew B. Levinson, commented on the latest reports claiming that it was encouraging to see casino revenue improve for 2.5% for the first six months of the year, despite recording a weak June performance. He pointed out that there was so much to do and see in the city, but also mentioned that people have to be better informed about everything that was on the offer.