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More AC: Casinos July Win Is The Biggest Ever

By Chuckmonster on Sunday, 14th August 2005 12:24pm
  » filed under Las Vegas  comments: 0

   

Atlantic City casinos in July recorded their biggest revenues in the 26 years since gambling was legalized in New Jersey.

The city's 12 casinos reported $505 million in casino win in July - a 6.5 percent increase over the same month a year ago.

Five casinos set individual monthly records: the Borgata, Caesars, Harrah's, Showboat and Tropicana casinos all set individual revenue records.

Larry A. Klatzkin, managing director of Jefferies & Co. Inc., said the casinos benefitted from having five solid weekends last month.

He said July had one extra Sunday from the previous year. The month had five Fridays, five Saturdays and five Sundays. Last year, it had five Fridays and five Saturdays, but only four Sundays.




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