Atlantic City Casino Revenue October 2018

All the attention might be on NJ sports betting, but let's not forget it all started with Atlantic City casinos.

• Atlantic City Casino Revenue October 2018 Calendar Printable
• Atlantic City Casino Revenue October 2018
• Atlantic City Casino Revenue October 2019
• Atlantic City Casino Revenue October 2018 Printable

According to the New Jersey Division of Gaming Enforcementpress release, the casinos had another very good month. Overall, AC casinos brought in $239.1 million in October, a 15.8 percent increase over last year's figure of $206.4 million.

Atlantic City Casino Revenue October 2018 Calendar Printable

The overall revenue number includes:

Two reopened casinos and half a year of sports betting helped push Atlantic City's casino revenue up 7.5 percent in 2018 to nearly $2.86 billion, state gambling regulators said Monday. Industry-wide, strong growth in net revenue led to gross operating profit growth in excess of 20 per cent for the year. These operating results bode well for the industry expansion expected to occur in mid-2018.' Atlantic City Casinos will be well aware that these results are directly attributed to the closure of 5 casinos in the area since 2014. Atlantic City Casino Revenue October 2018, alea casino glasgow quay, slot granitz, long term parking river rock casino. Atlantic City, New Jersey. Atlantic City Gaming Revenue Annual statistics for Casino, Slot, Table, & Internet Win, 1978-2019. Combined Facility Report: Atlantic City Casinos, 2012 Data on games, devices, revenue, and square footage. Combined Facility Report: Atlantic City Casinos, 2011 Data on games, devices, revenue, and square footage. Two reopened Atlantic City casinos and half a year of sports betting helped push casino revenue up 7.5 percent in 2018 to nearly $2.86 million.

• Casino win
• Online gambling win
• Sports betting revenue

A look at the Atlantic City casino revenue numbers

Everyone might be focused on the latest sports betting revenue, but the casino win accounted for $200.6 million — or 84 percent— of the entire NJ gambling revenue.

Let's give credit where credit is due.

No doubt, legal NJ sports betting and two new casinos contributed to the nearly 16 percent year-over-year increase for the industry. Especially considering, only one casino posted a positive year-over-year figure.

AC casinos have outperformed year-over-year numbers for the past five months. May was the last month the casino win in 2018 was less than that of 2017.

October's revenue figure took a dip when compared with September's though. Casinos earned $231.9 million in September. October's number represents a 13.5 percent month-over-month decrease.

Of course, there is one extra day in October, but it is still a substantial decline.

What games are people playing?

There is a reason you have to walk by a slot machine to get anywhere in a casino, and that is because slot machines bring in the big bucks.

For October, slotmachines accounted for $142.5 million of the $200.6 million in casino revenue. In other words, the one-arm bandits are responsible for 71.1 percent of casino win and 61.4 percent of the total gaming revenue.

Poker, on the other hand, continues to struggle.

It brought in $1.8 million, a 14.5 percent decrease when compared with last year. Tablegames account for the rest of the revenue posting $58 million for the month. That figure represents a 15.2 percent increase over October 2017.

How the new AC casinos are faring

Hard Rock Atlantic City continues to perform well. After four whole months of revenue reporting, it is just shy of jumping ahead of Harrah's for third place in revenue.

It brought in $23.2 million for the month. We don't have year-over-year numbers to compare, so let's take a look at its performance since it opened in June.

October marks the fourth-straight month of declining revenue for the new casino. In July, its first full month of operation, Hard Rock earned $32.4 million.

Granted July is in the middle of summer, Atlantic City's busiest time, so a decrease is not surprising. A 28 percent decrease, however, is slightly higher than the 26.6 percent decrease the industry suffered over the same period.

Ocean Resort Casino also posted its lowest revenue total since its grand opening. The casino earned $13.1 million, which puts it in the last place, just slightly behind Resorts.

Poker, on the other hand, continues to struggle.

It brought in $1.8 million, a 14.5 percent decrease when compared with last year. Tablegames account for the rest of the revenue posting $58 million for the month. That figure represents a 15.2 percent increase over October 2017.

How the new AC casinos are faring

Hard Rock Atlantic City continues to perform well. After four whole months of revenue reporting, it is just shy of jumping ahead of Harrah's for third place in revenue.

It brought in $23.2 million for the month. We don't have year-over-year numbers to compare, so let's take a look at its performance since it opened in June.

October marks the fourth-straight month of declining revenue for the new casino. In July, its first full month of operation, Hard Rock earned $32.4 million.

Granted July is in the middle of summer, Atlantic City's busiest time, so a decrease is not surprising. A 28 percent decrease, however, is slightly higher than the 26.6 percent decrease the industry suffered over the same period.

Ocean Resort Casino also posted its lowest revenue total since its grand opening. The casino earned $13.1 million, which puts it in the last place, just slightly behind Resorts.

Compared with its first full month of operation, Ocean Resort is only seeing a 17 percent decrease in revenue. While declining revenue is never really good, Ocean Resort did perform slightly better than the industry average.

AC casino winners

That one casino that posted year-over-year growth mentioned above is (drumroll, please) Tropicana. Furthermore, this is Tropicana's second-straight month of being the only casino to post an increase in its year-over-year numbers.

October's growth was relatively small at only 2.1 percent, but growth is growth. For the month, Tropicana brought in $25.1 million compared with $24.6 million last year. The casino is again solidly in second place on the revenue leaderboard.

Borgata Hotel Casino is in the winner's lounge because it continues to maintain its earnings dominance over the AC casino industry. The casino brought in $50.7 million, more than double that of Tropicana.

Atlantic City Casino Revenue October 2018

Borgata also posted one of the smallest year-over-year declines. Last year, it brought in $55.2 million, which represents an 8.1 percent decrease.

And then there's the rest

The five remaining casinos fell somewhere in the middle of the pack. Some are higher on the list than others.

Resorts, along with Borgata, posted the smallest year-over-year decline of the casinos trending downward. Resorts better watch its back, though, as Ocean Resort is close to overtaking the property in the revenue battle.

Atlantic City Casino Revenue October 2019

Golden Nugget might be at the bottom of the pack regarding casino win, but its impressive online casino numbersoften overshadow its retail figures. This month is no different as the NJ gambling site nears $10 million in online casino revenue, more than the next two revenue earners combined.

Harrah's, Caesars, and Bally's all posted double-digit, year-over-year revenue decline percentages. It is not a good look for Caesars Entertainment to have all three of its AC casinos giving up the most ground to the Boardwalk's newest residents.

A breakdown of the AC casino win

Atlantic City Casino Revenue October 2018 Printable