The New Jersey Division of Gaming Enforcement released the figures for the month of October in regards to the revenues earned by the casinos of Atlantic City. Based on the information, the casinos earned 1.3% less in October 2015 than in the same month back in 2014. However, the online gambling numbers were up when compared to the same time frame.

The figures showed that the eight casinos of Atlantic City earned $204.5 million in October 2015 with a total of $207.2 million earned the same month in 2014. Online gambling was able to do much better when compared to the same time frame, having earned $12.9 million last month compared to $9.5 million earned in 2014 for October. This is an increase of 35.6%, a huge increase for the online gambling industry.

Overall for 2015, from January to October, land based casinos have won $2.16 billion which is a 7.7% decrease from the same time frame as 2014. The largest monthly gain goes to Resorts who was able to earn a 21% increase to $14.8 million for October. The Golden Nugget earned $17.7 million, with just over 10% in increased revenues while the Borgata was slightly under them with a 10.5% increase of earnings, with $61.1 million for the month. The Tropicana saw an increase in revenues to $24.6 million, a 4.4% increase.

Caesars saw a big drop in revenues, with a decrease of 25.2% to make only $22.6 million for the month of October. The Trump Taj Mahal had a decrease of just over 18% while Harrah’s was down 9.8%. Bally’s saw a slight decrease for the month compared to last year at 2.6%.

Slot gaming earned $141 million for October, which is a slight decline of under 1%. Table gaming was down 8.8% with only $50.5 million earned. This equals a total revenue decline of 3.1% but with the addition of online gaming totals, Atlantic City saw only a 1.3% decrease in revenue declines for October.

 

 

Leave a Reply

Your email address will not be published.