\nWayne Parry, Associated Press<\/p>\n
\tATLANTIC CITY, N.J. (AP) \u2013 Atlantic City\u2019s February casino revenue declined by 14.8 compared with a year ago, when there were 11 casinos operating instead of the current eight.<\/p>\n
\tEven the eight surviving casinos saw their revenue fall by 1.9 percent compared with February 2014.<\/p>\n
\tThe casinos won $178.4 million in February, a month beset by snowy weather.<\/p>\n
\t\u201cIt comes as no surprise that February\u2019s snows and brutally cold temperatures hurt casino revenues,\u201d said Matt Levinson, chairman of the New Jersey Casino Control Commission. \u201cThe Internet gaming operations turned in a strong performance even though one lucky player hit a $1.5 million online jackpot.\u201d<\/p>\n
\tInternet gambling brought in $10.4 million in February, up nearly 1 percent from a year ago, but it was hurt by the $1.5 million jackpot won by the player on the www.betfaircasino.com site.<\/p>\n
\tFour of Atlantic City\u2019s 12 casinos shut down in 2014, and three of the survivors are currently in bankruptcy.<\/p>\n
\tThe biggest monthly increase was once again turned in by the Golden Nugget, whose $15.9 million was up 22.5 percent from February 2014. Resorts was up 11.1 percent to $10.7 million.<\/p>\n
\tThe Tropicana won $22 million, up 4.6 percent, and Harrah\u2019s won $27.4 million, up 3.9 percent.<\/p>\n
\tCaesars Interactive, the online gambling arm of Caesars Entertainment, won $2.5 million, a decline of 24.2 percent from a year ago. The Trump Taj Mahal won $12.1 million, down $22.7 million from a year ago.<\/p>\n
\tBally\u2019s was down 13.6 percent to $14.3 million; Caesars was down 3.7 percent to $24.6 million, and the Borgata turned in a rare monthly decline, falling 2.7 percent to $48.6 million.<\/p>\n
\tThe casinos paid $14 million in state taxes in February.<\/p>\n
\tSo far this year, the eight surviving casinos have won $375.9 million, down 7.2 percent from the same period last year.<\/p>\n
No replies were posted for this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"
Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) \u2013 Atlantic City\u2019s February casino revenue declined by 14.8 compared with a year ago, when there were 11 casinos operating instead of the current eight. Even the eight surviving casinos saw their…<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-8747","post","type-post","status-publish","format-standard","hentry","category-latest-casino-news"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=8747"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8747\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=8747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=8747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=8747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}