Impressive Atlantic City Gaming Revenues Reported for January

Businessman presenting chart

It had been noticed that Atlantic City was busier than usual in January of this year, and that has proven to be the case with the release of the New Jersey Division of Gaming Enforcement revenue figures just released for last month.

Those figures show a very impressive increase in gaming revenue for the casinos based there, and that is a trend that casino operators are hoping will continue throughout the year.

As for just what those figures show, well the nine casinos that are based in Atlantic City have seen a collective 8.3% increase in income based on last years figures, and that equates to over $192 million having been generated be the slot machines and table games at those casinos.

It was the combined online and sports betting income levels that has a very impressive increase in income though, and those two combined gaming channels brought in some $270.55 million in January of this year.

On a casino by casino basis however, well the Borgata Casino income levels for last month were $54.7 million, up an impressive 8.5% on last year, the Hard Rock Atlantic City Casino Resort had a huge increase in income of some 38% which saw that casino generate in January of this year $21.5million, and the Ocean Casino had an increase in gaming revenue of some 36.2% higher than the same month last year which equated to some $16.9 million.

However, four casinos underperformed last month in Atlantic City, and those that has a decrease in their gaming incomes were Belly’s, Caesars, the Tropicana and Resorts Casino Hotel. Those four casinos are the longer established ones, so it does appear that gamblers are preferring to gamble at the much newer casinos in Atlantic City.

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