Atlantic City Casinos Back to Pre-Pandemic Earnings

Home » Atlantic City Casinos Back to Pre-Pandemic Earnings

A glimmer of hope in a largely dim financial outlook finds Atlantic Metropolis casinos have joined the playing income occasion. At the same time as the specter of recession looms on the horizon, income for the East Coast playing mecca hit over $440 million for April, which is the very best since early 2019.

The numbers have been printed by the New Jersey Division of Gaming Enforcement and present that regardless of the continued explosion of sports activities betting throughout America, it’s been the Atlantic Metropolis casinos which have generated to most revenue.

Gamblers have been returning to casinos in droves to make bets in particular person, regardless that on-line playing remains to be doing nicely. Along with land primarily based and on-line casinos, horse tracks within the state additionally helped the income numbers attain their pre-pandemic numbers.

The most effective performing on line casino was the Borgata, which noticed a 60% development in income 12 months on 12 months, bringing in north of $60 million. A distant second was the Arduous Rock, which noticed 15% development and generated over $40 million.

Different Atlantic Metropolis casinos that contributed wholesome numbers have been The Ocean with over $26 million, adopted by Harrah’s and Tropicana which each generated round $23 million. Rounding out the filed have been Caesars with $20 million, Bally’s and Resorts with about $14 million apiece, and the Golden Nugget with nicely over $12 million.