The preparation starts with the moves and investments that the casinos are undertaking.
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March gaming numbers cause concern for brick-and-mortar casinos
While the sports betting industry continued its meteoric rise, with wagers breaking the $1 billion mark for the sixth time, seven of the state's nine gaming halls continued to lag behind their in-person, pre-pandemic revenue levels.
Read More »State gaming revenue totals $373.3M in February, a 29.5% jump
Total casino win for the state’s nine hotel gaming properties was $212.4 million last month, a 43.3% growth compared with the year prior.
Read More »Report: Casino smoking ban could cost 2,500 jobs, have major hit to revenue (updated)
According to Joe Lupo, president of Hard Rock Atlantic City and of the Casino Association of New Jersey - the latter of which commissioned the study - said visitation to the seaside resort is already at a 20-year low, while the workforce is half of what it was in 2003.
Read More »Hard Rock Atlantic City doles out $10M in bonuses to team members
This marks the the third consecutive year for the rewards, following a record-breaking 2021 for the resort.
Read More »Bally’s Atlantic City to complete 222 room renovations by 2/22
The remodeling is part of the hotel's property-wide renovations, which total more than $100 million.
Read More »NJ casinos post $4.7B in 2021 amid COVID reopenings, variants
The state's gaming palaces brought in nearly 65% more last year than they did the year prior--and nearly 37% more than 2019, before the pandemic.
Read More »Murphy signs controversial casino tax break package
Less than 24 hours after it landed on his desk, Gov. Phil Murphy approved legislation to reduce payments in lieu of taxes that the state's nine gambling halls make to Atlantic City, the local school district and the county.
Read More »Assembly panel approves casino tax breaks ahead of holiday
Proponents argue that the legislation is necessary to prevent several gaming halls from closing.
Read More »Four Atlantic City casinos could close without tax break, Sweeney warns (updated)
Under Senate Bill 4007, the state would cut the amount of payments in lieu of property taxes that the gaming palaces pay to the resort town in 2022 to $110 million, and remove online gambling and sports betting from the tax calculations.
Read More »Summer revenue, profits rebound at AC casinos
Data released by state regulators showed the gaming halls brought in net revenue of $968 million in the months of July, August and September this year, compared to nearly $629 million last year, a 53.9% increase.
Read More »Casino Association of NJ names Hard Rock’s Lupo as president
A new leader from one of Atlantic City's nine gaming establishments is taking the helm at the head of the trade organization, following Terry Glebocki's exit in October.
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