0
$ £

Atlantic City Casino Revenues Fell 14%

Atlantic City's land casino revenue fell last month despite a lower number of casinos being open, as revenues slid 14.8% from the same period last year.

For the month of February casinos brought in $178.4 million, which is down significantly from February 2014 and is being attributed to the poor weather the region experienced this winter.

Internet gambling improved to deliver $10.4 million in revenue, which is up 1% from the same period last year. Those numbers are tempered a bit by the fact that a punter won a large $1.5 million progressive jackpot online. The Borgata led the way for online betting action, bringing in $3.7 million in revenue. The Tropicana was number two with $2.62 million, while Caesars came in third at $2.5 million.

Year to date Atlantic City's casinos have brought in $375.9 million, which is down 7.2% from last year.

Share this