Atlantic City casinos won’t miss Trump Taj Mahal

Atlantic City casinos had a spooky revenue performance in October as the city bade goodbye to the Trump Taj Mahal.

Figures released Tuesday by the New Jersey Division of Gaming Enforcement (DGE) show that AC’s brick-and-mortar gaming revenue totaled $186.4m in October, down 2.7% from the same month last year. Add in the $16.7m contributed by the state’s online gambling operators and the year-on-year decline slips to 0.7%.

The Trump Taj Mahal officially shut its doors on October 10, reducing AC’s number of viable gaming venues to just seven. If you factor the Taj out of the equation, the market’s year-on-year brick-and-mortar decline becomes a 4.2% gain. So, basically, good riddance.

Leaving the Taj in the equations for the moment, October’s slots revenue fell 5.1% to $133.9m while table game win improved 3.8% to $52.4m. For the year-to-date, gaming revenue is down 0.5% to $2.04b, putting AC on pace to finish the year below 2015’s $2.5b, which would mark the tenth straight year of declines since the peak of $5.2b in 2006.