Nevada and Atlantic City Continues to Rake in Casino Revenues

Filed in archive Casinos on October 11, 2006

Both Atlantic City and Nevada have shown huge increases in revenues.

Atlantic showed a 9% increase in September, compared to the same time last year. Winnings totalled $468.8 million - split between slots and tables. Slots increased 8.2% to $343.9 million, whilst table games saw an increase of 11.8%to $124.9 million.

For the first 9 months of the year, the 12 casinos which make up the East Coast's Strip saw $4 billion in casino revenues - up nearly 5%

On the West side of the country, Nevada is also showing record numbers. $1.06 billion was won in August - its highest ever for the month. This was a 7.5% increase from 2005. The Las Vegas strip saw a 14.3% increase - largely due to big wins in baccarat. However, downtown Vegas followed its recent losses and was down for the 3rd month running.

A breakdown of the win showed that slots accounted for about $726.1 million of the total. That included $307 million won by multidenomination slots, up 19 percent. Penny slots were second with a win of $118 million, up 37 percent.

The board said live games, including poker, accounted for the $337 million balance of total. That included $105.5 million won on blackjack tables, up 7.7 percent; $33.7 million on craps tables, up 13.6 percent; $29 million on roulette, up 10.9 percent; and $3.5 million on sports pools, down 42 percent. Poker games won $13.8 million, up 17.7 percent.

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Article: Atlantic City Sept. casino winnings rise 9.2 pct
- Nevada casinos have record August, win $1.06 billion