Atlantic City casinos’ asterisk-free year-on-year revenue gain

At long last, Atlantic City casinos posted a year-on-year gaming revenue gain without requiring explanatory asterisks.

On Thursday, the New Jersey Division of Gaming Enforcement (DGE) announced that AC’s seven surviving casinos generated brick-and-mortar gaming revenue of $215.4m in September, a healthy 6.5% improvement over the same month last year, although this September had one more Saturday than September 2016, so maybe screw the non-asterisk bit. (Dammit!).

Even if you include contributions from the shuttered Trump Taj Mahal in September 2016’s results, September 2017’s figure is still 2.4% higher. And if you throw in last month’s $20.4m in online gambling revenue, the year-on-year gain is 7.9% (not counting the Taj) or 4.1% (counting the Taj).

September 2016 saw the Taj begin ramping down its operations ahead of its permanent closure in early October. The property has since been purchased by Hard Rock International, which is currently giving the joint a $500m facelift before its scheduled reopening next summer, but after October the DGE will finally be able to compare apples to freaking apples once again.