In terms of gambling revenue, New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $422 million from gamblers in April, up 20% from a year earlier.Īnd the casinos’ core business, revenue won from in-person gamblers, surpassed the level of April 2019, before the coronavirus pandemic hit - an encouraging metric for Atlantic City’s brick-and-mortar casino industry, whose revenue has been struggling to rebound from pre-pandemic levels.īut much of those increases were attributable to the two newest casinos, Hard Rock and Ocean, as has been the case for the past few years. A tropical atmosphere with a rock star twist awaits you at Hard Rock Hotel & Casino Atlantic City. Atlantic City’s casinos collectively saw their profitability increase in the first quarter of this year compared not only with a year earlier, but also to the pre-pandemic period.īut only four of the nine casinos individually reported higher gross operating profits than they did in the first quarter of 2019, before the coronavirus pandemic took hold. In the meantime, the casinos’ financial picture has been slowly improving.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |