Thursday, February 14, 2019
The casino gaming revenue continued to increase in the first month of 2019 with a reported boom of nearly 20 percent bolstered by online and in-house gains.
There are nine casino properties in Atlanta City reported that there are about $220.6 million in total gaming revenue in January. The figure represents a 19.7 percent increase compared to the first month of 2018, when seven operational properties reported $184.3 million in total gaming revenue.
January 2019 marked the eighth straight month of growth for the Atlantic City casino industry and seventh consecutive month of double-digit percentage increases in total gaming revenue.
Kevin Ortzman, president of the Casino Association of New Jersey and regional president of Caesars Entertainment Corp said that 2019 is off to a solid start for Atlantic City.
With increases across the board in casino, sports betting and online gaming revenue last month, along with strong employment numbers at the end of 2018, we look forward to making 2019 another positive year.
The internet gaming continued its massive growth in the Garden State, reporting a 53 percent increase over January 2018. Golden Nugget Atlantic City maintained its dominance of the internet gaming market, reporting revenue of nearly $12.2 million of the total industry’s $33.6 million.
Two new casinos opened in 2018 with online gaming, Atlantic City’s revitalization efforts continue to pay off, the popularity of live-dealer games that have added to an already robust portfolio of online casino games, and the legalization and launch of New Jersey sports betting.
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