Atlantic city Casino In-Person Gaming Down 8.5% Year over Year

Atlantic city Casino In-Person Gaming Down 8.5% Year over Year 1 Atlantic city Casino In-Person Gaming Down 8.5% Year over Year

Atlantic City online gaming has finally surpassed in-person gambling. While total revenue is still strong, critics say too much of that casino cash goes to 3rd party companies and not the City of Atlantic City.

Here are October 2024 numbers just released by NJ state Division of Gaming Enforcement:

Despite a historically dry and very mild October, brick-and-mortar gaming operators in Atlantic City did not see strong gains over 2023 instead declining by 8.5% year-over-year.

  • $208.7 million in October 2024
  • $228.1 million in October 2023.

Month finished 9% over 2023 for total gaming revenue ($461.7 million in October 2024 over $423.0 over October 2023) in no small part due to internet gaming, which continued a record streak.

This is also the first time that revenue from internet gaming operations surpassed land-based operations for Atlantic City.

Year to date, brick-and-mortar casino revenue has decreased 1.6% while total gaming revenue has increased year-over-year by nearly 8% — due to strong performance of internet gaming and sports betting.

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2 thoughts on “Atlantic city Casino In-Person Gaming Down 8.5% Year over Year”

  1. This should not be surprising to anyone – public or operators – that technology has made wagering more convenient. I will not weep for the brick and mortar properties (throughout the US) who are crying poor.

    There has been a significant decline in customer service and the in-person experience is no longer enjoyable due to what is being charged or offered. As they are counting each ice cube used for your drink, publicly traded operators are ignoring players and are not attracting new ones.

    They are short-sighted believing that every aspect of the property must earn money, including the ocean view.

    I am well aware that the city has it’s problems, mostly self-inflicted, but the blame for the decline in casino visits has many fathers.

  2. CRDA just gave John Longacre a grant to bail out his Armory project that was “stalled” (=broke and over budget) for years.

    What happened to the Shoprite store? CRDA has losing track record and this is a bailout to a failed project.

    Now they want to put a cannabis store on the first floor of the armory with apartments on top. Murphy should veto the minutes. Maybe they will relocate 30 Stanley Holmes residents to the Armory in units 1/4 the size. Next is section 8 for the Orange Loop truck containers. Put the residents in container trucks with cannabis advertising on the sides. LOL

    Pave Atlantic Ave. Don’t bail out the Small Administration for its incompetence spending road diet grants and breaking car axles in exchange for Dr. Small’s Trans curriculum and Cannabis.

    Just like Police, Small can’t figure out how to pay for necessities and CRDA is wasting money.

    Johnny Ex is right about one thing, $500 million in debt. Will Small remain like Biden until it is too late to replace him on the ballot?

    Call Steve Fullop to see how important the Small endorsement is now.

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