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April 8, 2024 | 11:30 AM
Atlantic City Casinos showed revenue growth of 1 %.
According to the New Jersey state regulator, Atlantic City casinos increased their revenues by 1% compared to the same period last year. It is worth noting that the report did not take into account the Trump Taj Mahal casino, which was closed in October. The state's profit from online casinos is growing at a much faster pace and increased by 29.9% compared to last year. However, it is worth considering that in absolute terms it amounted to only USD 17.2 million. Prior to that, there was information that the state may allow online betting on horse racing at regional racetracks. Financial indicators show that after a while the revenues of online and offline casinos can be compared. Despite the developed entertainment infrastructure in the United States, online casinos are gaining an increasing audience and taking away a part of the market. Moreover, online casinos find it easier to acquire new customers, because all you need to do to play is go to the website. It is not yet known how long it will take for online casinos to become a serious force, and the question remains whether they will displace offline casinos or develop in parallel with them.
Hard Rock Hotel & Casino Atlantic City
