Atlantic City casinos are once again thoroughly enjoying counting their monthly earnings bounty. And as was the situation in previous months, in February it ended up being online gambling that kept the seven remaining land-based venues in the black.
Originally known as the Golden Nugget and famed for its commercials starring owner Steve Wynn (left) and Frank Sinatra, the Atlantic Club is poised for yet another makeover after on the market last week.
Total gaming win for February came in at $205.36 million, a feeble 0.3 percent gain compared to the $204.7 million Atlantic City collected in the same month in 2016. But when the shuttered Trump Taj Mahal’s previous year take is eliminated, the nevertheless in business resorts were up 6.6 percent.
And that’s only because of on line gambling where New Jersey residents provided $18.7 million to casinos, a nearly 27 percent increase that is year-over-year. Table games were down at the brick-and-mortar gambling enterprises, but slot play win was up 1.5 percent.
Borgata again led the way with almost $62 million in casino and internet gaming win. Tropicana came in a distance second with $31.5 million.
Five gambling enterprises have closed since 2014, but the ‘Gambling Capital of the East Coast’ happens to be in the midst of finding some type of new norm. Gaming profits have stabilized, and there’s a little bit of enthusiasm yet again swirling a Read More