Atlantic City casinos continued their losing streak in 2015, despite improved contributions from their online gambling operations.
The state’s Division of Gaming Enforcement says total land-based gaming revenue for Atlantic City’s eight casinos in the month of December fell 1.2% year-on-year to $177.6m. Counting the $14m earned by the state’s licensed online gambling sites, overall revenue rose 0.6% to $191.6m.
Total land-based gaming revenue in 2015 amounted to just over $2.41b, down 7.8% from 2014’s $2.62b. Counting the online revenue, the annual figure was down 6.5% to $2.56b – or up 3.1% if you discount the 2014 contributions of the four AC casinos that closed their doors that year.
Regardless of how you slice it, 2015’s total is less than half the $5.2b peak the seaside gambling hub reported in 2006, before there was any online contributions and before Pennsylvania and other regional markets launched their own casino operations.