Operator News
US – Atlantic City casinos see continued growth in November
By Phil - 13 December 2019
November marked 18 straight months of gaming revenue increases for Atlantic City casino, according to a Division of Gaming Enforcement report that showed that in November gaming revenue for Atlantic City was over $288m. This reflects a 16.5 percent increase over the same period last year
Online gaming revenue was over $49m, up 82.4 per cent from November 2018, whilst sports wagering revenue was over $15m, up 34.6 per cent from November 2018. The industry generated over $25m in taxes and fees collected by the state in November 2019.
“November highlighted yet another month of gains for Atlantic City, primarily online gaming and sports wagering, as we approach the end of the year,” said Steve Callender, President of the Casino Association of New Jersey. “Sports betting and tourism are strengthening the city’s overall revitalisation, and we look forward to continuing this progress in 2020.”
“2019 has been a great year so far for Atlantic City with an increase in tourism, thanks to gaming, sports wagering and other positive developments across the city,” said Joe Kelly, President of the Greater Atlantic City Chamber. “The casino industry continues to serve as the backbone of the city, region and state’s economy, and these steady economic gains are an encouraging sign that the city is a top seaside resort destination.”
The casino industry continues to work to solidify the seaside resort’s comeback by diversifying Atlantic City’s offerings, as well as investing hundreds of millions of dollars in redevelopment projects and non-gaming services to attract new visitors. The industry’s efforts have advanced the revitalisation of Atlantic City, transforming the city into a business conference destination and first-class resort that features great restaurants, entertainment and shopping.
