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Atlantic City Casino Revenues Better Than Expected in March

The New Jersey Division of Gaming Enforcement released Atlantic City's casino revenue reports for March, noting that revenues declined by 0.4% when compared to March 2015.

For the month, Atlantic City's land casinos won $202.9 million from land and online gambling, with online revenues soaring 18% from the same time last year to $15.5 million. Land casinos brought in $187.5 million, down 1.7% from last year. Since January 1st, internet gaming revenues is up 27.7% from last year to $44.9 million. Total revenues from Atlantic City is $597.8 million, which is up more than 3% from 2015.

In its first month online, Amaya owned PokerStars brought in $598,000 in additional revenues for Resorts Casino, and boosted the state's internet poker product to $2.46 million. The top overall online casino in New Jersey is the Borgata, which had $4.2 million in revenue, followed by Caesars and Tropicana, who brought in $3.16 million, and Golden Nugget raking in $3.07 million for the month.

Since its launch, online gambling in New Jersey has grown to become a nice pad for Atlantic City's land casinos, often times taking in enough revenue to stem the losses that have been taking place for the last several years.

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Fortune HunterFortune Hunter
sharpe's picture
Location: Sofia, Bulgaria
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21 April 2016 - 9:00pm

Not surprisingly numbers I think, as a whole the land based gambling industry experienced difficulties in the last years to say the least and the online product is in really big help of the Atlantic city's casinos. This tendency would become even higher in the next years I guess.

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