Saturday, March 30, 1996 | 11:59 a.m.
The gaming halls together reported revenue of $4.08 billion, up from $3.77 billion in 1994.
Nicholas R. Amato, executive director of the Casino Association of New Jersey, said Friday that several reasons contributed to the casinos' strong 1995.
"Expansions and renovations of existing casino facilities (allowed) the Atlantic City casinos to provide more slot machines and new games," Amato said. "This when combined with management's ability to contain costs were major contributing factors for the successful 1995."
Casino revenue - or win - is the amount of money taken in from gamblers. It is not profit.
Trump Taj Mahal led the 12 gambling halls with 1995 revenues of $553.7 million, followed by Caesars Atlantic City Hotel Casino with $395.2 million.
The 12 casinos also reported 1995 gross operating profits of $1 billion, a 15.3 percent increase over the $869.8 million reported in 1994.
The industry also reported net income for 1995 of $146.6 million, a 366.6 percent increase over the $31.4 million for 1994, Amato said.
Listed below are the casinos, their revenue for 1995, revenue for the same period in 1994 (negative revenue in parentheses), percentage change:
-Bally's Park Place: $408.9 million, $374.7 million, 8 percent.
-Caesars Atlantic City Hotel Casino: $395.2 million, $365.2 million, 7.5 percent.
-The Claridge Casino Hotel: $183.6 million, $170.7 million, 7 percent.
-The Grand: $276.3 million, $248.9 million, 10 percent.
-Harrah's Atlantic City Hotel Casino: $345.3 million, $319.5 million, 7.5 percent.
-Merv Griffin's Resorts and Casino: $293.2 million, $279.7 million, 4.6 percent.
-The Sands Hotel Casino: $283.4 million, $274.6 million, 3.1 percent.
-Showboat Hotel and Casino: $374.8 million, $324.7 million, 13 percent.
-TropWorld Casino and Entertainment Resort: $334.6 million, $322.0 million, 3.7 percent.
-Trump's Castle: $305.5 million, $283.9 million, 7 percent.
-Trump Plaza Hotel and Casino: $329.7 million, $293.9 million, 10.8 percent.
-Trump Taj Mahal Casino Resort: $553.7 million, $517.2 million, 6.6 percent.
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