Atlantic City casinos donate to community food bank
The Casino Association of New Jersey has donated $170,000 to support Community FoodBank of New Jersey.
US.- The Casino Association of New Jersey (CANJ) has donated $170,000 to the Community FoodBank of New Jersey (CFBNJ) through the Casinos United Against Hunger campaign. The funds will help provide meals to families in the state.
The donation was presented at CFBNJ’s Night of 300,000 Meals, an event that brings together chefs, restaurants and community members.
Mark Giannantonio, president of the Casino Association of New Jersey, said: “Ending hunger will take all of us stepping up to do more for our neighbors. Atlantic City casinos are coming together to form Casinos United Against Hunger, a new campaign dedicated to strengthening our efforts to combat food insecurity in New Jersey. By supporting important organizations like the Community FoodBank of New Jersey, we will help address hunger by providing meals to families throughout the state.”
Elizabeth McCarthy, president & CEO of the Community FoodBank of New Jersey, added: “Atlantic County has some of the highest rates of food insecurity in the state. We’re grateful to the Casino Association of New Jersey for helping to honor the FoodBank’s 50th anniversary with their generous support and for uniting the Atlantic City casino community to help address hunger. Through this partnership, we can provide more meals to local families in need and make a lasting impact in the area.”
Atlantic City casino revenue falls in 2024
The New Jersey Division of Gaming Enforcement has released revised figures for the quarter ending December 31 and full year 2024. Full-year net combined revenue from Atlantic City’s casinos was $3.31bn, down 0.5 per cent from 2023. Combined gross operating profit was $709.1m, down 9.2 per cent year-over-year.
Casino licensees reported Q4 net revenue of $768.9m, a 1.7 per cent decrease year-on-year. Gross operating profit was $132.5m, a 10.8 per cent decrease.
