The gaming industry reported a strong third quarter profit increase Friday, with the resort’s nine casinos posting a double-digit rise over last year. Gross operating profits for the three-month period increased $26.5 million, or 12.5%, compared to the same period
Atlantic City’s nine casinos saw their collective gross operating profits increase by 12.5% in the third quarter of this year compared with the same period last year. The comparison was boosted by two new casinos that opened last summer doing
New Jersey’s online and retail sportsbooks posted nearly a $500 million handle in October — the highest ever recorded — and continues to grow monthly with whopping year-over-year gains, according to PlayNJ.com. And with the start of basketball season approaching,
Casino gaming revenue continued to increase in October, with the resort’s nine properties reporting a nearly 14% jump over last year. According to figures released Thursday by the state Division of Gaming Enforcement, total gaming revenue for Atlantic City casinos
The Casino Association of New Jersey (CANJ) today announced that Atlantic City casinos continued to see growth in the month of October, according to the most recent Division of Gaming Enforcement (DGE) gaming revenue results report. October marked 17 straight
At this time last year, Ocean Casino Resort was struggling financially and many industry watchers wondered whether it could survive the brutal winter months along the Jersey shore when visitation to the city’s gambling parlors drops off. But a large
Atlantic City’s nine casinos are taking in revenue at a pace that would bring them back to performance levels not seen in years. Roger Gros at Global Gaming Business Magazine is not surprised total revenues are at $2.5 billion, with
Sports betting, online gaming and two new properties are helping to push the casino industry toward a revenue benchmark in 2019 it has not reached since before the market began to contract. Atlantic City’s nine casinos are on pace to
It was another strong month for Atlantic City’s casinos, as gaming revenue increased for the 16th consecutive month, according to the Casino Association of New Jersey. CANJ said this week that, according to the most recent Division of Gaming Enforcement report, revenue in September
The Casino Association of New Jersey (CANJ) today announced that Atlantic City continued to see growth in the month of September, according to the most recent Division of Gaming Enforcement (DGE) gaming revenue results report. September marked 16 straight months
Steve Callender, president of the Casino Association of New Jersey (CANJ), issued the following statement regarding recent news about Atlantic City’s former mayor: “As the largest taxpayers and employers in Atlantic City, we are deeply disappointed by the recent news
The casino industry’s lobbying group has appointed a seasoned veteran to lead them following the abrupt departure of his predecessor. Steve Callender has been named president of the Casino Association of New Jersey, a trade organization that represents the collective
Atlantic City and New Jersey as a whole is seeing a surge in revenue thanks to sports betting, according to figures released by the state Attorney General. Legalized sports betting in New Jersey has been a boon to the state
The Casino Association of New Jersey (CANJ) is excited to kick off the 2019 NFL season, marking the second football season since the legalization of sports wagering in New Jersey. Atlantic City casinos will welcome sports fans to the seaside
Patrons wagered over $293 million in New Jersey’s sportsbooks in August, helping mark a 13 percent increase in casino profits compared to August 2018 when the state first rolled out mobile and online sports betting. Data released Thursday by the