Casino employment goes down in Atlantic City
The number of casino employees in Atlantic City dropped to nearly 27,000 in December 2019, down 4.2% from 12 years before.
US.- Atlantic City is one of the largest gaming hubs in the world and needs lots of people to work in the industry. However, casino employees in Atlantic City were less in December 2019 than a year before.
According to recent figures, the last month of the year had 26,761 workers. The number is 4.2% less than December 2018, however, experts say there’s nothing to be concerned about.
Steve Callender, president of the Casino Association of New Jersey and senior vice president of Eastern regional operations for Tropicana Atlantic City’s parent company, Eldorado Resorts, said the employment numbers have levelled off across the industry in the 18 months since Hard Rock and Ocean opened, as operations steadied.
“We look forward to maintaining this strong employee base, ensuring long-term economic growth and stability across the city,” Steve Callender said. He is president of the Casino Association of New Jersey and senior vice president of Eastern regional operations for Tropicana Atlantic City’s parent company, Eldorado Resorts.
Revenue
Atlantic City casinos seem to be enjoying a positive trend: 2019 has proven to be a successful year as the facilities totalled wins over US$3 billion for the first time since 2012, before mass closures in the territory.
According to the figures from the New Jersey Division of Gaming Enforcement (DGE), casinos in Atlantic City totalled US$3.29 billion from bets. The DGE also revealed that sports betting had an impressive performance. Handle rose to US$4.5 billion, of which US$3.8 billion was done online and through mobile apps.
James Plousis, chair of the Casino Control Commission, said that there is a lot of positive momentum going into 2020. In three months of 2019, sports betting handle in Atlantic City was higher than in Nevada, the nation’s sports betting top generator.
“Atlantic City had another tremendous year, with gaming revenue up for 19 consecutive months,” said Rummy Pandit, head of the LLoyd D. Levenson Institute of Gaming, Hospitality & Tourism at Stockton University, according to NJBIZ. “Sports betting and internet gaming has continued to grow gaming revenues in 2019 and we anticipate similar growth in 2020.”
