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Atlantic City September Revenues Drop Big Again

Casinos in Atlantic City continued to struggle in September, as it was reported that the twelve casinos within the city's borders brought in revenues that were almost 13% lower than the same month in 2012.

Key financial indicators for the month ending September 30th were:

  • Gross casino wins of $240.2 million for the 12 casinos located in Atlantic City. The number is down 12.9% compared to the same period last year.

  • Table games brought in $62.9 million, down 19% from September 2012.

  • Slot machines generated wins of $177.3 million, down 10.6% from last year.

  • Eleven of the twelve Atlantic City casinos posted revenue decreases, with the Atlantic Club Casino Hotel being the only site to post positive results, as the $12.3 million they brought in is up almost 4% from September 2012.

  • For the year, Atlantic City revenues are down 9.3%, as the casino has won $2.2 billion.

It is thought that online gambling will bring a big boost to the casinos' revenue, as it will open the entire state to gambling. Internet gambling is set to launch on November 26th.

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