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Want to bet on how Atlantic City casino revenue is doing?

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Want to bet on how Atlantic City casino revenue is doing?

ATLANTIC CITY — While Internet gambling is making gains, Atlantic City casinos on the whole continue to take in less and less money.

The eight surviving hotel-casinos generated $199 million in revenue in April, three percent less than the group raked in during the same month in 2014, according to a report released Wednesday by the Division of Gaming Enforcement.

When taking into account that three additional casinos were open at this time last year, gambling revenue fell in the city plunged nearly 16 percent, though.

The downturn follows an upbeat March when total gaming revenue increased by 2.3 percent over the same month last year, jumping from roughly $199 million to nearly $204 million.

After casino closures, time to put the Atlantic back in Atlantic City Ledger Live with Brian Donohue – With four casinos closed so far this year – and a fifth slated for possible closure next month, Donohue visits Atlantic City where thousands of workers are newly out of work and the city is searching for a plan to reinvent itself now that it has lost its east coast monopoly on casino gambling. To illustrate the city'ss over reliance on gambling and planners’ decision to ignore the city’s once biggest draw – the Atlantic Ocean– Donohue takes out his surfboard and tries to walk from his hotel room to the beach – a not so simple task.

Online wagering is still just a small percentage of total revenue — casinos won $12.4 million from people betting on computers and other devices in April compared to $11.4 million in April 2014. That's about an 11 percent increase.

Even the city's winningest casino — the Borgata — slumped in April. Its winnings fell 3 percent to $57.5 million.

Caesars fared the worst year-over year. Its revenue fell 34 percent to $22.3 million. Its separate online division was off 20 percent.

Overall, four casinos produced more revenue than April 2014 and four ended the month with less than the same month last year.

The Golden Nugget showed the most improvement, posting a 30 percent increase in revenue compared to last April. It reported revenues of $17.6 million.

A look at how the eight casinos fared in April 2015, April 2014 and the percent increase or decrease. Revenue figures are in millions

• Bally's                 16.2     16.7         -4
• Borgata               57.5     59.3         -3
• Caesars               22.5     34.1        -34
• Golden Nugget     17.6     13.6       +30
• Harrah's               29.4      25        +18
• Resorts               12.4     10.7       +16
• Tropicana            25.2      24.1       +5
• Taj Mahal            15.6      17.6        -5

Note: Now closed casinos posted $30.8 million in revenue in April 2014

Jeff Goldman may be reached at  This e-mail address is being protected from spambots. You need JavaScript enabled to view it . Follow him on Twitter @JGoldmanNJ. Find NJ.com on Facebook. 

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