Atlantic City Casinos See Revenues Decline 23 Percent in July

atlantic city casino revenue july 2019

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Atlantic City casinos welcomed back guests last month, and business was about half of what it was in July 2019. (Image: Adam Monacelli/Courier-Post) July’s GGR represents a 23 percent decline in ... Total gaming revenue for Atlantic City’s nine casino properties was $323.3 million in July, an increase of 7.8% over last summer, according to figures released Wednesday by the state Division of Gaming Enforcement. Year-to-date gaming revenue for Atlantic City casinos is $1.85 billion, an increase of 18.4% over the first seven months of 2018. The Ocean Casino Resort enjoyed its best month ever in June with total gaming revenue of almost $21.5 million, while Hard Rock Atlantic City earned more than $32.5 million, nearly matching its ... Resorts opened in May 1978 and was the first Atlantic City casino. The property has perennially struggled toward the bottom of Atlantic City casino revenue rankings. Resorts was up 6.6 percent during 2014 against 2013 numbers. It was up 16.4 percent in 2015. Resorts is the best performer in Atlantic City in terms of comps against 2014 numbers. Atlantic City’s casinos reported just shy of $248.7 million in total gaming revenue last month, a significant decrease from July 2019’s $323.3 million, according to figures released Wednesday ... Borgata Sets Monthly Revenue Record, Atlantic City Casinos See July Win Jump Eight Percent. Posted on: August 15, 2019, 02:00h. Last updated on: August 14, 2019, 04:08h. July was the first month in which all nine casinos were open in the same month last year, as Hard Rock Atlantic City and Ocean Casino Resort swung open their doors in the final days of June 2018. For most of 2019, this gambling venue has out-performed all others in Atlantic City. The reports from New Jersey’s Division of Gaming Enforcement show that the Borgata contributed the most to Atlantic City’s July revenue. This casino managed to bring in $88 million in July. This includes revenue from both casino gambling and sports betting. While Ocean Casino Resort finished fourth with $26.3 million, that number represents a 30.3 percent increase over July 2019, and proves that the casino-hotel created out of the ashes of the spectacular failure that was Revel has not let the pandemic interfere with its Phoenix-like resurrection. Total gaming revenue for Atlantic City’s nine casino properties was $323.3 million in July, an increase of 7.8% over last summer, according to figures released Wednesday by the state Division of ...

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atlantic city casino revenue july 2019

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