Sports Betting Helps Revenues Rise for Atlantic City Casinos in 2018
2018 was a good year for Atlantic City’s casinos with revenue up 7.5 percent last year thanks to half a year of sports betting and two reopened casinos. Sports betting saw the casinos and two racetracks take in $1.24 billion since the first wagers were taken in June. For the less than six months that […]
Casino gaming revenue up nearly 20 percent in December, nearly 8 percent
The opening of two new casino properties, the introduction of legalized sports betting and the continuous growth of internet wagering all contributed to a total gaming revenue increase of nearly 8 percent in 2018 compared to the prior year, according to figures released Monday by state regulators. The resort’s nine casino properties reported $2.86 billion […]
Reopened casinos, sports betting help Atlantic City rake in $2.86 billion in casino revenue
Two reopened casinos and half a year of sports betting helped push Atlantic City’s casino revenue up 7.5 percent in 2018 to nearly $2.86 billion, state gambling regulators said Monday. But the news was bad for most of the casinos that existed before the Hard Rock and Ocean Resort casinos opened in June. Of those […]