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NEW JERSEY CASINO CONTROL COMMISSION REPORTS 4.2 PERCENT INCREASE IN GROSS GAMING REVENUES DURING NOVEMBER

 NEW JERSEY CASINO CONTROL COMMISSION REPORTS
 4.2 PERCENT INCREASE IN GROSS GAMING REVENUES DURING NOVEMBER
 ATLANTIC CITY, N.J., Dec. 12 /PRNewswire/ -- The casino industry reported a 4.2 percent increase in gross gaming revenues during November as it inched closer to a $3 billion year, it was announced today.
 The November "win" of $249,931,671 brought the total for the first 11 months of 1991 to $2,787,552,010, leaving the industry less than $213 million shy of a $3 billion year. Last December the industry reported gross revenues of $210 million.
 The November figure of $249.9 million was 4.2 percent higher than last November and left the industry running 1.7 percent better for 1991 than it did during the first 11 months of 1990.
 The state collected $19,754,914 in taxes to be used for programs for qualifying senior citizens and disabled persons. Thus far in 1991 the state has collected $220 million plus $10.5 million in interest.
 Ten of the 12 casinos reported increases in November when compared with last year although all the gains were less than $3 million per casino. Trump Plaza and Trump's Castle dropped losses although the decline in each case was slight.
 The "win" for each casino follows with 1990 figures in parenthesis: Trump Taj Mahal, $32,725,586 ($30,437,430); Caesars, $27,005,655 ($24,359,034); TropWorld, $23,968,029 ($22,838,711); Harrah's Marina, $22,562,753 ($22,101,222); Bally's Park Place, $21,681,020 ($20,015,460); Sands, $21,086,604 ($18,218,118); Showboat, $19,800,906 ($19,322,073); Trump Plaza, $18,911,306 ($22,088,446); Resorts International, $17,661,229 ($16,492,648); Trump's Castle, $17,530,674 ($17,990,484); Bally's Grand, $15,589,304 ($15,413,092) and Claridge, $11,408,605 ($10,667,578).
 The daily average for November was $8,331,056 compared with $7,998,143 for November of last year.
 There were 66 $1 million days during November including three $2 million days. On Nov. 2, Trump Taj Mahal had a "win" of $2,541,916 while on Nov. 3 Caesars "won" $2,206,444 and on Nov. 23, Sands reported a "win" of $2,116,123.
 /delval/
 -0- 12/12/91
 /CONTACT: Tom Flynn of the New Jersey Casino Control Commission, 609-441-3799/ CO: New Jersey Casino Control Commission ST: New Jersey IN: CNO SU: ERN


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Publication:PR Newswire
Date:Dec 12, 1991
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