Atlantic City’s surviving eight casinos post revenue gain in May

Atlantic City’s eight remaining casinos posted a modest revenue gain in May.

Total brick-and-mortar gaming win from AC’s eight surviving casinos came to $208.6m, up 4.3% from the total those same eight earned in the same month last year. If you count the $12.5m generated by New Jersey’s regulated online gambling market, May’s numbers are up 5.3% to $221.1m.

Half of AC’s elite eight posted revenue gains in May, but the market-leading Borgata wasn’t among them. The Borgata saw revenue fall 5% to $52.2m, but this was more than enough to fend off second-place finisher Harrah’s, which rose 8.2% to $33.3m.

Caesars posted the biggest monthly gain, rising 51% to $27.7m, enough to top the Tropicana’s $25.1m, which was flat year-on-year. The Golden Nugget rose 19.3% to $19.4m, edging out the Trump Taj Mahal’s $18.5m (-14.5%) and Bally’s $18.2m (-12.1%). Resorts brought up the rear with $14.2m, up 16.9%.