Revel tops $20M mark in August; AC up 12.6%
Revel broke the $20 million mark in casino revenues in August, and Atlantic City’s 12 casinos collectively saw their monthly revenue increase by 12.6 percent compared with a year ago.
But no one was popping champagne corks just yet in the struggling seaside gambling resort: The comparison was to August 2011 when Hurricane Irene forced the casinos to close for three days.
Revel, the city’s newest casino, increased its revenues to more than $20 million in August, up more than 14 percent from July. It has been off to a slow start since opening in April, and has remained stuck in eighth place each month in terms of casino revenues.
Atlantic City’s casinos won nearly $314 million last month.
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