The New Jersey Division of Gaming Enforcement released a report on the financial performance of Atlantic City’s eight casinos in April. Overall revenue from gambling operations amounted to $199 million, down 3% as compared to the $205.1 million posted for the same month a year ago.
As many as three casinos closed doors in Atlantic City in the period April-December 2014. Including what was generated from those, overall gaming revenue for April 2015 dropped 15.6% compared to the figures posted in the previous year.
Slot machines at the city’s eight operating casinos generated a total of $135.9 million, compared to $151.4 million reported for April 2014. Table game revenue amounted to $50.4 million, down 31% year-on-year. Overall revenue from casino games dropped 17% in April to $186.3 million.
Peer-to-peer operations totaled almost $2 million last month, compared to $2.6 million posted a year ago. Revenue from other authorized games increased 21.2% year-on-year to reach $10.7 million. Internet gaming generated $12.7 million, compared to $11.4 million in April 2014.
Revenue at Bally’s AC dropped 3.5% to $16.2 million. The Borgata generated a total of $57.5 million, compared to $59.3 million in April 2014. Caesars’ casino revenue amounted to $22.5 million, down 33.9% year-on-year. Trump Taj Mahal reported a 11.6% decrease to $15.6 million.
Revenue at Golden Nugget rose 29.7% to $17.6 million. Harrah’s generated most of all eight gambling venues on the territory of the city. The casino posted revenue of $29.4 million, up 17.7% year-on-year. Resorts AC generated a total of $12.4 million, compared to $10.7 million from a year earlier. Last but not least, Tropicana reported revenue increase of 5.1% to $25.3 million.
Overall gaming revenue at the city’s eight casinos amounted to $778.8 million for the four months ended April 30, 2015, up 3.5% compared to the $752.5 million reported for the same period a year ago. Including revenue from the shuttered casinos in 2014, a 10.9% drop was registered.
Slot machines contributed a total of $513.6 million during the reported four-month period. In comparison, the amount of $575.9 million was posted a year ago. Revenue from table games amounted to $217.4 million, down 14.9% year-on-year. Overall revenue from casino games dropped 12.1% to $731 million.
Peer-to-peer operations generated a total of $8.6 million during the reported period, compared to the $12.4 million posted a year ago. Revenue from other authorized games increased 21.2% year-on-year to $10.7 million. Internet gaming revenue amounted to $12.7 million during the reported period, up 11.1%.
