#Jane Bokunewicz

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Atlantic City’s Joe Lupo to run Mirage casino for Hard Rock

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Hard Rock names management for new Las Vegas and Atlantic City properties

Hard Rock names management for new Las Vegas and Atlantic City properties
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@CDCNewswire

Borgata’s July set monthly record for Atlantic City casinos

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New Jersey casinos, racetracks, and their partners revenue up 2.2% from year ago

June's gaming revenue reported by casinos, racetracks and their partners was $401.5 million. Year-to-date, total gaming revenues reported was $2.43 billion. Borgata Hotel Casino & Spa earned nearly $54.3 million, followed by Hard Rock Hotel & Casino Atlantic City, which made $44.6 million in June. Internet gaming win reported for June was 24.4% higher than for the previous month. The summer season is still ahead of us. The industry does not have the benefit of the pent-up demand that motivated much of last summer’s activity.
Finance
New Jersey casinos, racetracks, and their partners revenue up 2.2% from year ago

Atlantic City casino industry sees nearly 79% gross operating profit growth in Q1 versus pre-pandemic 2019

The New Jersey Division of Gaming Enforcement released the financial results for the first quarter of 2022. The casinos and their online arms collectively posted a gross operating profit of $155.6 million. Borgata, Hard Rock, Ocean and Tropicana were individually more profitable this past quarter than they were at the start of 2019. Caesars saw $10. 6 million, ahead of Golden Nugget, which saw $5.5 million and Resorts earned $536,000. Ocean had the highest average room rate at $209, while Golden Nugget had lowest at
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Atlantic City casino industry sees nearly 79% gross operating profit growth in Q1 versus pre-pandemic 2019
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Atlantic City casino revenue up in April, COVID concerns waning

Atlantic City casinos reported nearly $235.3 million in in April. That's up 24% from 2021 and 13% since 2019. It's the sixth time since November 2021 that monthly land-based gambling revenues collectively reported by the industry were higher than before COVID-19 forced a 107-day shut down in 2020.
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Atlantic City casino revenue up in April, COVID concerns waning
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Borgata Again Was King Among Atlantic City Casinos In 2021

Borgata was the biggest casino in Atlantic City last year, earning $606 million. Hard Rock earned $431 million, Ocean Casino $306 million and the six other casinos earned about $6 million each. Caesars, Harrah's, Tropicana and Resorts earned around $237 million between them.
Land-based
Borgata Again Was King Among Atlantic City Casinos In 2021

Atlantic City Casinos Recovered In November...But Not Really

November's gaming revenue numbers show that Atlantic City casinos are still struggling. The Hard Rock Hotel & Casino Atlantic and Ocean Casino Resort saw double-digit growth in revenue, but the other properties are down 22%. COVID-19 continues to have an adverse impact on the industry.
Land-based
Atlantic City Casinos Recovered In November...But Not Really

Atlantic City Casino Revenue Up 28% In October

Atlantic City casino revenue from table games and slots increased nearly 28% in October over last year. Last month Atlantic City’s nine casinos reported $237.5 million in land-based gambling revenue. In-person gambling revenues were 17% higher than in January 2019. October”s $393.1 million total gaming revenue is 29% more than October 2020 ($304. 1 million) and almost 48% above the same month in 2019 ($266.2 million).
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Atlantic City Casino Revenue Up 28% In October

Coronavirus recuperation for Atlantic City casinos

August's gross gaming revenues for Atlantic City casinos increased by 31% year-on-year to $427.6 million. August of 2020 was the first full month of restored casino operations following a full coronavirus-related shutdown that lasted 108 days.
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Coronavirus recuperation for Atlantic City casinos

Atlantic City casinos post $427M revenue in August, up 31% versus 2020

tlantic City casinos and racetrack sports betting outlets took in 31% more in August than in the same month 2020. Total Gaming Revenue for the month was $426.7 million, up from $326.3 million in 2020, while casino win was $262.4 million. Internet gaming win was up by 29.0%, sports wagering gross revenue was increased by $52.5 million and internet gaming revenue increased 29%.
Land-based

Atlantic City casinos bounce back, up 31% from a year ago

Atlantic City's casinos and racetracks took in 31% more in August 2020 than a year earlier. The improvement was in all three major categories: in-person gambling revenue, internet gambling and sports betting revenue. All nine casinos posted revenue increases in the last month. The Golden Nugget saw the biggest increase in in person casino winnings. Hard Rock saw a 33% increase. NFL season earlier this month is expected to boost sports gaming revenues moving into the fall. However, the market was down 8.4% from August 2019 before the pandemic hit.
Land-based
Atlantic City casinos bounce back, up 31% from a year ago

Atlantic City Casino Revenue Returns To Pre-COVID Levels In July

Atlantic City casino revenue returned to pre-pandemic levels in July. The nine casinos reported $276.9 million in table games and slot machine revenue. NJ online gambling revenue soared to an all-time high of $118.7 million. Sports betting added another $20. 7 million to the total of $416.28 million revenue in the same month.
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Atlantic City Casino Revenue Returns To Pre-COVID Levels In July

Casino revenue 2021: Atlantic City picking up steam without COVID-19 pandemic restrictions

American casinos are on track to have a big comeback after the pandemic shutdown. The industry's national trade group says U.S. casinos just had their best second quarter ever, bringing in $13.6 billion. In-person casino revenue is down about 12% compared to 2019. A percentage of the gaming revenues from New Jersey casinos help to fund state and local health and human services programs. Angel West of South Philadelphia wears a mask when she visits casinos. She's afraid of people with COVID. They are encouraged to wear masks in many casinos, but not required for fully vaccinated guests.
Covid
Casino revenue 2021: Atlantic City picking up steam without COVID-19 pandemic restrictions

Atlantic City casinos have record-breaking June

June's gross gaming revenue of $345.7 million broke the previous record of $340.5 million. The numbers include both in-person and internet gambling. Brick-and-mortar casinos saw a pattern of recovery after reopening following COVID closures. Internet gaming revenues growth slowed with in person gaming's return. The importance of diversifying the offerings of casinos is highlighted. It is good news for operators. Atlantic City casinos have record-breaking June.
Land-based
Atlantic City casinos have record-breaking June