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Atlantic City June Revenues Surge

Atlantic City's June revenues were up 4% over the same period last year, as online betting revenues contributed $9.5 million to the state's betting numbers.

For the month, casinos in Atlantic City took in $235.9 million in wins, which is up nearly $10 million over the same period last year. Those numbers are initially very encouraging, but when the closed Atlantic Club casino is factored into the equation, Atlantic City revenue was actually down 5.7%.

Although online betting brought in $9.5 million for the month, the numbers are down from the amount of money that the casinos brought in during May, when online betting spots made $10.47 million in profits.

For New Jersey's online betting market, there were 27,428 new player accounts registered in May, and the Borgata brought in the most revenue with $3.4 million. Caesars was second with $2.6 million, while the Tropicana was third with $1.7 million and the Golden Nugget netted $710,635. Both Trump owned casinos lagged behind, roughly bringing in around $500,000 each.

The news of the higher revenues comes in contrast to the news that the Trump Plaza will be closing its doors, costing the state of New Jersey more than 1,153 jobs.

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