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Atlantic City revenues both up and down15 December 2014ATLANTIC CITY, New Jersey -- (PRESS RELEASE) -- Based upon filings with the Division of Gaming Enforcement, Total Gaming Win from Current Operators (as defined herein) for the month of November was $202.5 million compared to the $181.7 million in Total Gaming Win for November 2013, reflecting an 11.5% increase. Current Operators reported Casino Win of $193.8 million in November 2014, reflecting a 7.2% increase compared to November 2013. Six casino hotels reported an increase in Casino Win between 2.8% and 63.3% for November 2014. Current Operators reported Internet Gaming Win of $8.7 million in November. As of November 30, 2014, 506,172 Internet gaming accounts have been created, up 5.7% from the 479,073 accounts as of October 31, 2014. Total Gaming Win from the Industry (including Discontinued Operators) was $202.5 million in November 2014 compared to $225.7 million in November 2013, reflecting a 10.3% decrease. For the month, Casino Win (including Discontinued Operators) was $193.8 million and Internet Gaming Win (including Discontinued Operators) was $8.7 million. Total gaming taxes were $15.2 million in November 2014 and $190.7 million for the eleven months ended November 30, 2014. Total gaming taxes reflect 8% of taxable casino gross revenue and 15% of Internet gaming gross revenue. In addition, the casino industry incurred $2.6 million in reinvestment obligations with the Casino Reinvestment Development Authority for November, which reflects 1.25% of casino gross revenue and 2.5% of Internet gaming gross revenue.
Atlantic City revenues both up and down
is republished from Online.CasinoCity.com.
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