Atlantic City casinos close out summer with $304m August

Atlantic City’s casino operators reported total gaming revenue up nearly one-quarter in August, driven by new verticals, new properties and a stellar showing at the gaming tables. According to the New Jersey Division of Gaming Enforcement, August’s total gaming revenue hit $303.9m, a 24.1% rise over the same month last year and over $30m higher than July 2018’s result.

Even when you strip out the nearly $9.2m contributed by the state’s new sports betting licensees and the $24.8m earned by the state’s online gambling licensees, August’s brick-and-mortar gaming revenue still came in at just under $270m, 20.7% higher than August 2017’s total. AC’s casinos saw double-digit growth in both verticals, as slots revenue rose 18.3% to $196.4m and table games shot up nearly 28% to $75.5m.

August’s gains helped compensate for the weather-related slowdowns that plagued 2018’s early months. For the year-to-date, total brick-and-mortar win is up 1.2% to $1.66b.