By GEOFF MULVIHILL Associated Press
Publication: The Day
Even with its newest gleaming casino bringing in more money, Atlantic City's lengthy losing streak stretched into July.
The city's casinos won
$308.2 million from gamblers in July, down 9.5 percent from a year ago, according to a monthly revenue report issued Friday by the state Division of Gaming Enforcement.
The month continues a losing streak that began after the first casino in Pennsylvania opened in November 2006.
The slide continued even as Revel, a casino that opened with much fanfare in April, boosted its month-to-month revenues. The newest gambling hall brought in $17.5 million from table games and slot machines in July — up from $14.9 million in June.
At Revel, where Beyonce performed in a May concert attended by First Lady Michelle Obama, gambling revenue still ranked 8th among the city's 12 casinos.
At Resorts Casino Hotel, which Connecticut's Mohegan Gaming Advisors will manage under a contract that must be approved by regulators, overall gaming win was down 12.2 percent for the month. Slots revenue was down 16.9 percent while table games were up 5.8 percent.
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