The resort’s May casino revenues increased by 2.5 percent, according to state gaming figures released Wednesday.
Casino industry revenue totaled $208.3 million last month, compared with $203.3 million in May 2016.
Internet gaming grew by 27.3 percent. Its revenues totaled about $21.1 million in May compared with $16.5 million a year ago.
“With a solid performance to date and now on the cusp of the busy summer season, the Atlantic City casino industry seems well positioned to capitalize on these positive trends,” said Dave Rebuck, director of state Division of Gaming Enforcement.
Overall in May, total gaming revenue, totaled more than $229.3 million, an increase of 4.3 percent over last May.
For the year-to-date, casino revenue totaled $971.8 million through May 2017 compared with $954.3 million in the prior period, an increase of 1.8 percent.
“Six casinos were up, and Bally’s reported the only decline of a fraction of a percent,” said Matthew B. Levinson, chairman and CEO of the state Casino Control Commission. “That’s a great start to the summer.With all of the events planned around the city for the summer, I anticipate we will see casino revenues continue to increase.”
For the year so far, internet gaming revenue has grown by 29 percent to $101.2 million compared with the prior period.
Total revenues, including both brick-and-mortar and internet, increased to $1.073 billion, reflecting a 3.9 percent increase compared with the same period last year.
Despite the growth in May, Colin Mansfield, director of U.S. corporates at Fitch Ratings, said the market remains flat.
“If you look at the market on a rolling 12 month basis, you see the market at $2.4 billion,” Mansfield said. “It has been that way since the middle of last year.”