Poor weather blamed for Atlantic City's revenue decline in Feb.

Mar 15, 2018 9:34 AM

Poor weather is being blamed for Atlantic City's table games and slot machine revenue decline during February.

The city's seven casinos took in $192 million a decline of 6.5 percent from a year ago. A $21 million infusion from Internet gambling prevented what would have been nearly 9 percent for the month. "Let's face it, February was a weak month," said Jim Plousis, chairman of the New Jersey Casino Control Commission. "Business was off at virtually every casino. I am hopeful that casinos can turn this around and start expanding the market as we move into the busier spring and summer seasons."

The Golden Nugget with a $7.9 million infusion from online gambling, was the only casino to report an increase, up 16 percent to more than $25 million. Overall, Caesars had the biggest monthly decline, down 23 percent to $17.5 million.

Casino Commission data showed Resorts was down nearly 21 percent to $11.9 million, but its Internet affiliate was up nearly 24 percent to $3.8 million. Bally's was down 12.8 percent to $14.2 million; Tropicana, which recently gained the No. 2 spot in the Atlantic City market behind the Borgata, was down 7.2 percent to $29.2 million; Borgata was down 5.1 percent to $58.7 million; and Harrah's was down 4.3 percent to $28.2 million.