Third Year of Growth for Atlantic City Casinos
Atlantic City Casinos have altogether recorded a consecutive third year of growth in revenue. The nine casinos in Atlantic City combined have generated almost $225 million from slot machines and table games. These figures span from November 2018 to November this year. Not only has the year on year growth of these US casinos in Atlantic City been a huge improvement they have surpassed two of 2018’s records. The year’s revenue from the slots and classic casino table games is over 7% more than 2018 same period and 10.7% more than last month’s figures. We have had reports of New Jersey gambling achieving record revenues over the last year. At this rate we really should be accustomed to the State’s performance when it comes to casino revenue. It is quite a positive to see the heart of casino gambling in the state leading the wave of growth.
Follow along as we expand on the figures and see which section of Atlantic City’s growth had the best run over the past year.
Atlantic City Casinos Year on Year Growth Third Year Stats
In November 2019, table gaming had the largest margin of year on year growth with its 10.5% spike. However, the actual revenue brought in from table games was just over $67 million which pales in comparison to the $156.8 million brought in from slot machines. Slot machine revenue improved 5.7% year on year.
With this growth on the casino side of things US gamblers who play at these casinos have benefited as well. The winnings at Atlantic City casinos have increases 7.7% over the year going up to just under $2.5 billion. All these figures exclude online gambling and sports betting revenue. This only goes to show how vast an improvement and growth Atlantic city has witnessed.
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