Sports betting, online gaming boost Atlantic City casinos in October

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 increased 13.6% last month compared to the same period in 2018. Strong gains from online gaming (+69%) and sports betting (+170.7%) pushed total revenue to $266.23 million in October. Year to date, Atlantic City casinos have reported $2.73 billion in total gaming revenue, putting the $3 billion annual benchmark within reach. The last time the industry eclipsed $3 billion in gaming revenue was 2012, when there were 12 casinos in Atlantic City and online gaming and sports betting had not yet been introduced.