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-0.6 percent

July 11, 2012

Despite the addition of the newly built, 1,800-room Revel casino in its first full month after its official opening, the Atlantic City casino business continues to dip, albeit slightly. The state Division of Gaming Enforcement announced that the Atlantic City casinos' total June winnings fell by 0.6 percent to $274.7 million. Slot machines, which make up the bulk of the casinos' take, actually rose 0.6 percent to $201.6 million while table game winnings decreased by 3.7 percent to $73.1 million. This translated into $18.6 million in taxes on casino gross revenues in June. Win reflects the net amount of money won by the casinos, not profit.

In Revel's first full month of official operation -- the casino actually began operations in April but had its official opening over the Memorial Day weekend -- it took in $15 million in winnings. This ranks as eighth out of the 12 Atlantic City casinos. The Borgata casino had by far the largest take with $53.3 million but it was down 6.4 percent from last year. The two Trump casinos are suffering the most: the Trump Plaza was down 31 percent in June to $9 million and the Taj Mahal dropped 23.4 percent. The Trump Plaza is up for sale. Four casinos actually showed an uptick in winnings: Tropicana, Atlantic Club, Caesars, and Golden Nugget.

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