{"id":18866,"date":"2016-09-14T12:02:58","date_gmt":"2016-09-14T20:02:58","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=18866"},"modified":"2016-09-16T12:16:55","modified_gmt":"2016-09-16T20:16:55","slug":"atlantic-city-some-win-most-lose","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/atlantic-city-some-win-most-lose\/","title":{"rendered":"Atlantic City: Some win, most lose"},"content":{"rendered":"<p>Just when things were looking up, August casino revenues in <strong>Atlantic City<\/strong> fell 7%. Some consolation was to be derived from a 32% increase <img loading=\"lazy\" class=\"alignright size-full wp-image-4981\" src=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2010\/10\/tropicana_havana.jpg\" alt=\"tropicana_havana\" width=\"300\" height=\"235\" srcset=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2010\/10\/tropicana_havana.jpg 300w, https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2010\/10\/tropicana_havana-150x117.jpg 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>in <strong>Internet<\/strong> revenue, up to $16 million. Slot revenue of $167 million was down 5% on 4% less coin-in. Table-game revenue, just over $60 million, fell 10% as players wagered 10% less. Players bet 13% less at <strong>Borgata<\/strong>&#8216;s tables but took the house to the cleaners, as it won 29% less, leading to an overall 8% dropoff in gambling revenue. Not an auspicious debut for the <strong>MGM Resorts International<\/strong> era at the Borgata . (Slots did bring in 1% more than last year, on flat slot handle.) Despite some tightening of the Internet-gambling market, Borgata is still the lead dog, although <strong>Resorts Digital<\/strong> has finally gotten out of last place, slipping past <strong>Tropicana Atlantic City<\/strong> (<em>pictured<\/em>) by a fraction of a percentage point.<\/p>\n<p>No surprise, the strike-afflicted <strong>Trump Taj Mahal<\/strong> was at the bottom rung of the ladder, grossing less than $14 million &#8212; <!--more-->a 27% freefall. <strong>Carl Icahn<\/strong> and <strong>Anthony Rodio<\/strong>&#8216;s condescending attitude toward long-suffering Taj employees is killing that casino faster than competition ever could. Ironically, it looks like the Trop vacuumed up some of the business lost by the Taj, up 6% for a gross of $30 million. Also posting a gain last month was the <strong>Golden Nugget<\/strong>, up 1% to $20 million. <strong>Bally&#8217;s<\/strong> grossed nearly 21% but that was a 10% falloff for the low-roller joint. At $34 million, <strong>Harrah&#8217;s Resort<\/strong> took only slightly more than half of what Borgata did and it suffered a 5.5% dip. <strong>Caesars Atlantic City<\/strong> was less of a draw, grossing $28 million, a plunge of 11%. <strong>Resorts Atlantic City<\/strong> was flat with last year, grossing $17.5 million. Its ranking has benefited from the mess at Trump Taj but it doesn&#8217;t seem to be scooping up any of the business that Icahn and Rodio have thrown away.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just when things were looking up, August casino revenues in Atlantic City fell 7%. Some consolation was to be derived from a 32% increase in Internet revenue, up to $16 million. Slot revenue of $167 million was down 5% on &hellip; <a href=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/atlantic-city-some-win-most-lose\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,82,7,37,11,167,178,129,21],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/18866"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=18866"}],"version-history":[{"count":2,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/18866\/revisions"}],"predecessor-version":[{"id":18874,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/18866\/revisions\/18874"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=18866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=18866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=18866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}