Here's a Look at New Jersey's Casino Revenue in 2021's Q1
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New Jersey's casino revenue has increased over the first quarter of the year. Analysts predict that gaming revenue will continue increasing as the years go on.
Atlantic City has been a popular gambling destination for years. The casinos were allowed to reopen in June of last year. Some are undergoing renovations to attract more visitors. Caesars is investing $400 million into its casinos by the time 2023. 2021 is already proving to be a successful year for the gambling industry here. New Jersey's Casino Revenue in 2021's Q1 is expected to reach $1.3 billion.
New Jersey's casinos brought in $993.7 million in the first three months of the year. This is the best quarter for the state's gambling industry in history. 2020 was the worst year for country's casino industry. Online gambling also seems to be surging throughout the New Jersey state. Stay tuned for updates on the revenue situation here.
Miller says the industry is making a comeback ahead of schedule. The industry has faced many challenges during the COVID-19 pandemic.
Tourism in Las Vegas is beginning to recover after the pandemic. The opening of the most expensive casino-resort in the city, Resorts World Las. Vegas, is expected to be one of summer's best in this city. Hotel-casinos across Las Las are reporting a surge of visitors. The city will report on the revenue figures throughout the rest of this year.
