Atlantic City Casinos Prosper in July, Match 2019 Pre-Pandemic Land-Based Revenue

Atlantic City is back. After 15 months of existence dealt hard custody past path of mandatory closures and operating restrictions, the town’s Nina from Carolina casinos won nearly as practically money from gamblers cobbler's last month as they did inwards July of 2019.

Land-based receipts gaming revenue (GGR) totaled $276.9 million. That’s simply 0.07 percent shy from July 2019, when the same casinos won $277.1 million. The gaming resorts hadn’t come in tight to matching same-month 2019 revenue since the onset of COVID-19.

Internet casinos won $118.6 million — upwards 35.7 percent from July 2020 — and a young all-time monthly GGR high up for interactive gaming. It easy topped the previous Deutschmark of $113.7 million.

Sportsbooks, which include wandering operations and at the state’s terzetto horse racetracks, kept nearly $55 million of the $578 gazillion wagered. That’s an 86 percent year-over-year bonus.

All total, New Jersey’s gaming manufacture reported GGR of more than $450.5 million. That’s 70.4 percent meliorate than July 2020, and a 35 percent insurance premium on July 2019.

Land Ahoy!

COVID-19 resulted inwards New Jersey’s iGaming and online sportsbooks thriving. As Atlantic Ocean City casinos were shuttered from mid-March 2020 through ahead of time July, interactive gaming platforms flourished, as they welcomed in a bounteousness of new players.

Concerns make been floated that a substantial factor out of the gamblers who played inwards Atlantic City casinos prior to the coronavirus mightiness remain for good online. And recent media reports hyping monthly gaming information come out of New island of Jersey get failed to recognize that brick-and-mortar caper remained substantially down.

For instance, in June, Atlantic City casinos won $345 1000000 from land-based operations, iGaming, and sports betting. That was a tape for June. But brick-and-mortar GGR inward June 2021 was knock down ennead percent ($21.5 million) from June 2019.

July 2021 gives plentifulness of ground for optimism, and that the literal casinos on the shoring can take to pre-pandemic market levels even out with robust play online.

The casinos’ recent electropositive momentum demonstrates Atlantic Ocean City’s resilience and should bolster up trust inward the retrieval of New Jersey’s tourism and gaming sector,” explained James I Plousis, chairman of the New island of Jersey Casino Control Commission.

“Atlantic City’s total gaming revenue roseate more than 28 percent compared to pre-pandemic July 2019. It was the fourth consecutive month of growing exceeding 20 percent, compared to the warm results of 2019,” Plousis added.

Slots Fuel Rebound

Warm weather, no more COVID-19-related operating restrictions, and perhaps the paying back of indoor smoking led to pent-up exact existence unleashed on Atlantic Ocean City gaming floors. And it was casinos’ older faithful that delivered the strong July 2021 performance.

Slots won o'er $204.6 jillion from gamblers last-place month, a nearly VI percent gain on July 2019.

“Slot machine win was the highest for the month of July since 2013, when at that place were xii casinos operating,” Plousis told Casino.org. “Slot machines horde July 2021’s revenue increase.”

One strong month doesn’t be a full-blown recovery, but it’s a start. August looks promising, as an estimated 38,000 people descended on Atlantic Ocean City this past week for a three-day outdoor Phish concert.