Atlantic City’s seven surviving casinos eke out November gains

Atlantic City casinos eked out a minor gaming revenue bump in November, provided you pretend that the Trump Taj Mahal never existed.

Figures released Wednesday by the New Jersey Division of Gaming Enforcement show brick-and-mortar gaming revenue at Atlantic City’s seven surviving casinos totaled $180.1m in November, down 5.8% from November 2015, although up 1% if you discount contributions from the Taj Mahal, which closed for good in October.

Counting the $17.2m brought in via the state’s licensed online gambling operators, November’s total gaming win was down 3.5% to $197.3m, but up 3% subtracting the Taj Mahal. For the year-to-date, total brick-and-mortar win is down 1% to $2.22b. Looking just at the seven surviving properties, the year-to-date figure is up 1.2% to $2.09b.

The market-leading Borgata was one of only two casinos to report negative growth in November. The Borgata was down 0.2% to $57m while Caesars dropped 12.4% to $21.3m. The month’s biggest gainer was the Tropicana, which shot up 12.1% to $25.3m. The rest of the pack finished as follows: Harrah’s ($30.8m, +2.4%), Golden Nugget ($16.7m, +2.7%), Bally’s ($16.3m, +6.6%) and Resorts ($12.6m, +0.4%).