Atlantic City Casinos Prosper in July, Match 2019 Pre-Pandemic Land-Based Revenue

Atlantic City is back. After 15 months of being dealt difficult custody by way of life of mandatory closures and operating restrictions, the town’s 9 casinos won nearly as often money from gamblers endure month as they did inward July of 2019.

Land-based gross gaming revenue (GGR) totaled $276.9 million. That’s simply 0.07 percent shy from July 2019, when the same casinos won $277.1 million. The gaming resorts hadn’t amount tightlipped to matching same-month 2019 revenue since the onset of COVID-19.

Internet casinos won $118.6 trillion — upwardly 35.7 percent from July 2020 — and a unexampled all-time monthly GGR high-pitched for interactive gaming. It easy topped the previous score of $113.7 million.

Sportsbooks, which include roving trading operations and at the state’s ternion Equus caballus racetracks, kept nearly $55 1000000 of the $578 gazillion wagered. That’s an 86 percent year-over-year bonus.

All total, New Jersey’s gaming manufacture reported GGR of to a greater extent than $450.5 million. That’s 70.4 percent ameliorate than July 2020, and a 35 percent insurance premium on July 2019.

Land Ahoy!

COVID-19 resulted inward New Jersey’s iGaming and online sportsbooks thriving. As Atlantic Ocean City casinos were shuttered from mid-March 2020 through and through ahead of time July, interactive gaming platforms flourished, as they welcomed inwards a premium of new players.

Concerns experience been floated that a substantial factor in of the gamblers who played inward Atlantic City casinos prior to the coronavirus power remain permanently online. And recent media reports hyping monthly gaming information come out of New Jersey make failed to know that brick-and-mortar gambol remained substantially down.

For instance, inwards June, Atlantic City casinos won $345 trillion from land-based operations, iGaming, and sports betting. That was a register for June. But brick-and-mortar GGR in June 2021 was knock down Nina from Carolina percent ($21.5 million) from June 2019.

July 2021 gives plentitude of understanding for optimism, and that the genuine casinos on the shoring can buoy return to pre-pandemic marketplace levels regular with robust child's play online.

“Atlantic City’s amount gaming revenue roseate to a greater extent than 28 percent compared to pre-pandemic July 2019. It was the 4th successive month of maturation exceptional 20 percent, compared to the warm results of 2019,” explained Saint James Plousis, chairman of the New island of Jersey Casino Control Commission.

Slots Fuel Rebound

Warm weather, no more COVID-19-related operating restrictions, and perhaps the paying back of indoor smoking led to pent-up exact existence unleashed on Atlantic City gaming floors. And it was casinos’ older faithful that delivered the warm July 2021 performance.

Slots won over $204.6 one thousand thousand from gamblers lowest month, a nearly hexad percent make inward July 2019.

Slot simple machine win was the highest for the month of July since 2013, when there were dozen casinos operating,” Plousis told Casino.org. “Slot machines drove chisel July 2021’s revenue increase.”

One warm month doesn’t comprise a full-blown recovery, but it’s a start. Aug looks promising, as an estimated 38,000 people descended on Atlantic City this yesteryear hebdomad for a three-day outdoor Phish concert.