It’s Not Necessarily A Bad Thing If Another Atlantic City Casino Fails By Steve Ruddock, Play NJ August 14, 2018 at 10:55 pm The Atlantic City casino market is up to nine casinos following the dual openings of Ocean Resort Casino and Hard Rock Atlantic City in late June. The addition of the two properties saw AC casino revenue hit an eight-year high in July. But some analysts believe the revenue bump is fool’s gold, and the market will be unable to sustain nine casinos.They might be right. Twelve was definitely too many casinos for the AC market, and you’d be hard-pressed to find a single analyst who thinks the city can support 10 casinos. On the flip side, the average occupancy rate in Q3 2017 was 96 percent, so seven is likely too few — unless more rooms are added.