Revel Tops $20M Mark In August; AC Up 12.6% - Philadelphia News, Weather and Sports from WTXF FOX 29

Revel Tops $20M Mark In August; AC Up 12.6%

By WAYNE PARRY
Associated Press

ATLANTIC CITY, N.J. (AP) - Revel broke the $20 million mark in casino revenues in August, and Atlantic City's 12 casinos collectively saw their monthly revenue increase by 12.6% compared with a year ago.

But no one was popping champagne corks just yet in the struggling seaside gambling resort: The comparison was to August 2011 when Hurricane Irene forced the casinos to close for three days.

Revel, the city's newest casino, increased its revenues to more than $20 million in August, up more than 14% from July. It has been off to a slow start since opening in April, and has remained stuck in eighth place each month in terms of casino revenues.

Atlantic City's casinos won nearly $314 million last month.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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