Atlantic City casino revenue drops 5% in August

Casino revenue for Atlantic City’s surviving casinos fell 5 percent in August compared to the same period last year.

The city’s eight casinos reported a total gaming win of $258.6 million for the month of August, which is a decrease from last year’s $272.3 million, according to New Jersey’s Division of Gaming Enforcement.

But if the discontinued operators are included, Atlantic City’s total gaming revenue of $258.6 million is 15.2 percent lower than the $305 million reported last year.

DGE, however, attributed the drop to a quirk in the calendar, noting that Friday through Sunday of the Labor Day weekend last year fell in August, while this year’s holiday weekend came in September.