![]() Adding internet gambling and sports betting money, the total rises to over $3 billion over that same period.īut the presence of the two new casinos was also a major factor in declining gross operating profits for the Atlantic City casino industry as a whole, down 4.5% to $484 million over the first nine months of the year compared to the same period a year ago. Largely because of the two additional casinos, Atlantic City's in-person casino winnings at brick-and-mortar casinos were up 7.7% from January through November, to $2.4 billion. Hard Rock, the former Trump Taj Mahal and the Ocean Casino Resort, the former Revel, both opened in June 2018. Atlantic City heads into 2020 with some optimism, buoyed by an expanded casino market with more jobs and more revenue.īut there is also some concern over whether all nine casinos will make it to the finish line of 2020, and whether nearby states will eat into Atlantic City's main strengths right now: online gambling and sports betting.Ģ019 was the first full year that all nine casinos have been operating.
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