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May revenue declines for all 11 AC casinos

Newly released figures show Atlantic City’s casinos shared the misery last month, with all 11 reporting revenue declines compared with May 2010.

Their combined revenue fell more than 9 percent from a year ago to $290.6 million.

The biggest loser was Trump Plaza Hotel Casino, down 25 percent.

Slot machine win fell 8.7 percent, to $206 million, while table game win decreased by 10.1 percent, to $84.6 million.

For the first five months of the year, casinos won $1.4 billion, down 7.6 percent from the same period in 2010.

Atlantic City is in the midst of a 4½-year revenue slump brought on by competition from casinos in neighboring states and the sluggish economy.

One comment

  1. You have Obambi to thank for this………