AC casino revenues fell less than 4 pct in May

Atlantic City casino revenue decline slowed in May, but still down nearly 4 percent

Associated Press

ATLANTIC CITY, N.J. (AP) -- Atlantic City's casinos still aren't playing "Back In Black" over their loudspeakers, but the decline in their revenue slowed significantly in May.

The city's casinos won more than $253.1 million last month, a decline of 3.8 percent compared with a year ago.

Although still a decline, the figure is far less than the double-digit declines the casinos registered in the first four months of this year.

Slot machines took in nearly $180 million in May, down 3.7 percent from a year ago. Table games revenue was just over $73 million, down nearly 4 percent from a year ago.

Eight of the 12 casinos reported revenue declines for the month. The Atlantic Club, the Borgata, Caesars and Resorts reported increases.

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