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US – Atlantic City casinos record 16 months of consecutive growth

The Casino Association of New Jersey has confirmed that Atlantic City continued to see growth in the month of September, according to the most recent Division of Gaming Enforcement gaming revenue results report. September marked 16 straight months that Atlantic City casinos saw gaming revenue increases.

“September marks 16 straight months of increased gaming revenue for Atlantic City casinos,” said Steve Callender, President of the Casino Association of New Jersey. “We continued to see gains in sports betting and tourism numbers this summer, with gaming revenue increasing over 16 per cent compared to last summer. We believe this excitement will continue into the fall season as all major sports are in full swing.”

The DGE report shows that September gaming revenue for Atlantic City was over $283m. This reflects a 4.1 per cent increase over the same period last year. Online gaming revenue came in at over $41m in September 2019, up nearly 60 per cent over September 2018. The industry generated over $24m in taxes and fees collected by the state in September 2019 whilst total gaming revenue in Atlantic City for 2019 through September is $2.46bn.

“Atlantic City had a strong year with an increase in gaming revenue and traffic going through the Pleasantville toll plaza throughout the summer, non-gaming numbers released thus far also indicate a positive uptick,” said Rummy Pandit, Executive Director of The Lloyd D. Levenson Institute of Gaming Hospitality & Tourism. “These increases are encouraging indicators that the seaside resort destination revenues remain on an upward trajectory.”

L'industrie des casinos continue de travailler pour consolider le retour de la station balnéaire en diversifiant l'offre d'Atlantic City, ainsi qu'en investissant des centaines de millions de dollars dans des projets de réaménagement et des services non liés aux jeux pour attirer de nouveaux visiteurs. Les efforts de l'industrie ont fait progresser la revitalisation d'Atlantic City, transformant la ville en une destination de conférence d'affaires et un complexe hôtelier de première classe proposant d'excellents restaurants, divertissements et magasins.