The casino market reported substantial gains during the past 12 months

The New Jersey Division of Gaming Enforcement (DGE) reported annual gains in Atlantic City. In fact, casino revenue is up 7.7% from this time last year, bringing the yearly total to $232 Billion. Not bad for a city that’s still recovering from hard times. Progress in Atlantic City is always welcomed. For that reason alone, we need to share the good news. So, without delay, let’s dive into the report released by the DGE and explore the details.

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The Numbers

According to the report, there were gains on both slots and table games. In fact, slots saw $166.8 million in revenue this year. That’s an 8.6% increase from the previous year!

Indeed, the slots were hot this year in Atlantic City. There’s been a lot of big winners, and it didn’t take long for the word to get around. Plus, with all the excitement surrounding legalized sports betting, people are flowing into the city.

Also, the table games saw a 5.5% annual increase. Not to mention, online gambling brought in an extra $25.7 Million. Also, online sports betting brought in an additional $14.5 million in revenue. Out of the nine casinos in Atlantic City, we’ll break down in order the top 5 based on generated revenue.

Borgata Hotel Casino & SpaThe casino market reported substantial gains during the past 12 months

As usual, the Borgata was Atlantic City’s breadwinner. Reports reveal they brought in an impressive $60.5 million!

Tropicana Casino & Resort

Bringing in only half of what the Borgata generated, still, Tropicana managed to bag 2nd place. They saw $29.9 million in total revenue.

Harrah’s Resort Atlantic City

In 3rd place, we have Harrah’s. The casino took in $27 million in the last year.

Hard Rock Hotel & Casino Atlantic City

Hard Rock still managed to be a top contender in the city, and they took in $25.9 million! Had they offered sports betting when the report was compiled, they could have taken second place.

Caesars Atlantic City Hotel & Casino

Unfortunately, Caesars saw a big dip in generated revenue from this time last year. In fact, the report reveals that Caesar’s annual revenue plunged 23.2%. Although they still managed to rank in the top 5 by bringing in a total of $22.9 million.

Atlantic City continues to thrive

In conclusion, Atlantic City continues hanging tough as always! This is a hard city to knock down, and an impossible city to keep down. Despite the past and the rocky recovery, Atlantic City still attracts people from all over the world. Also, Atlantic City continues to bring in a lot of money for New Jersey. With that said, we hope you enjoyed this article and that it was informative and helpful. Please share if you know somebody who would enjoy these statistics!