Atlantic City revenues soar 18% in February

The city’s casinos generated US$275.1 million total gaming revenue during the month.

US.- Atlantic City casinos have posted an 18% year on year increase in February revenues, marking its best February since 2011.

The city’s casinos generated US$275.1 million total gaming revenue, up 18.4% year-on-year, the Division of Gaming Enforcement has revealed. 

“Atlantic City reported strong results in February, which were aided by the calendar with its rare fifth Saturday,” Casino Control Commission Chairman, James Plousis, said.

“Revenue from slots, table games, internet wagering and sports wagering all grew. Internet wagering results were prominent, and sports wagering handle already surpassed $1 billion for the year. These gaming options are providing important revenue streams while broadening the industry’s appeal.”

Rummy Pandit, Executive Director of the Lloyd D. Levenson Institute of Gaming, Hospitality & Tourism at Stockton University, added: “The wintry weather that likely suppressed visitation, and in-turn land-based gaming revenues, in past years was not as much a factor in February 2020.

“The especially mild weather, and efforts by city businesses to bring more shoulder season entertainment to the resort, has led to increases in visitation.”