Borgata Won More than Its RivalsĪmong casinos, Borgata Hotel Casino & Spa won $55 million in November, the most by any Atlantic City casino during the period. Among the 9 casinos, only Hard Rock Hotel & Casino Atlantic City and Ocean Casino Resort won more from in-person gamblers last month than they did during the same month last year. Meanwhile, the Casino Association of New Jersey also said that Atlantic City casinos were 5.6% short against November 2019 as far as in-person gaming is concerned. However, while there’s positive growth versus its pre-pandemic levels, the modest increase may not be enough to offset the recent increase in cost and operating expenses. Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University which studies Atlantic City’s gambling industry, said that the city’s gross gaming revenues from slot machines, table games, and poker, have struggled to match their 2019 revenue levels during the recent months.īokunewicz noted that year-to-date in-person gambling revenue of $2.57 billion exceeded its 2021 counterpart and was better than the $2.48 billion made from January to November 2019.

In-Person Casino Revenues Have Struggled in Recent Months Although income from online gaming and sports betting adds to the bottom line figure, 70% of those go to third parties like sportsbook partners and tech platforms. The pre-COVID comparison is an important one for Atlantic City casinos whose core business is revenue from in-person gambling. When internet gambling and sports betting monies are included, the casinos and the three horse tracks that accept sports bets won just over $441 million in November or an increase of 0.3% from the same period last year.Ītlantic City casinos post gaming revenue almost flat at $441M, but in-person win trails pre-pandemic levels Online gambling wins improved by 24% to $146 million last month.Ītlantic City’s casinos won more from in-person gamblers last month than they did in November 2021 but most of them continue to fall behind their pre-pandemic levels.Īccording to figures released by the New Jersey Division of Gaming Enforcement, the Atlantic City’s 9 casinos collectively won $214.5 million from in-person gamblers which was a 3.7% increase from November 2021.Only Hard Rock and Oceans Casino won more in November 2022 than they did during the same month last year.

In-person gambling won $214.5 million last month at Atlantic City’s 9 casinos.

Atlantic city gambling revenue