Casino revenue up 20 percent to start 2019

Casino gaming revenue continued to surge in the first month of 2019 with a reported increase of nearly 20 percent bolstered by online and in-house gains, based on figures released Wednesday by state regulators. Atlantic City’s nine casino properties reported $220.6 million in total gaming revenue in January, according to the state Division of Gaming Enforcement. The figure represents a 19.7 percent increase compared to the first month of 2018 when seven operational properties reported $184.3 million in total gaming revenue.

“2019 is off to a solid start for Atlantic City,” said Kevin Ortzman, president of the Casino Association of New Jersey and regional president of Caesars Entertainment Corp.’s three Atlantic City properties. “With increases across the board in casino, sports betting and online gaming revenue last month, along with strong employment numbers at the end of 2018, we look forward to making 2019 another positive year.”