$5 Billion Year in Slots and Tables

Atlantic City is looking at a possible $5 billion year from their slot machine and gaming revenues. Their slot machine revenues have gone up 2.6%, but table revenues are down 0.6%. No matter, the casinos are still having a banner year – and their slot machines are making it happen.

Last month, the casinos set a record in slot machine and gaming numbers, up 1.6% from last year. They took in over $400 million last month, with the majority coming from their biggest money maker – the slot machines. The slot machines brought in 73% of that revenue. Their overall slot machine and gaming take for the year so far is at $4.8 billion, which makes it look like they will go over the $5 million mark for sure. They won’t know if they did or not until the end of the month.

"If they keep up that pace, they will clearly end the year with record revenues," said Dan Heneghan, spokesman for the New Jersey Casino Control Commission, which released the figures yesterday.

It seems as though the people in Atlantic City have been determined to bring in more revenue and to differentiate themselves from the other states around them that are now offering slot machines as well. With PA and NY offering slot machines, the casinos in AC are looking to make it more about the table games and the experience of coming to AC.

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