Atlantic City casino revenue up 43% in February

Mar 16, 2022, 1:23 PM | Updated: 2:55 pm

ATLANTIC CITY, N.J. (AP) — Atlantic City’s in-person casino revenue in February was 43% higher than it was a year ago, and just below the level of February 2020, right before the coronavirus pandemic hit.

Figures released Wednesday by the state Division of Gaming Enforcement show the nine casinos won $212.4 million from in-person gamblers in February. That’s about 3% less than their winnings in February 2020.

The amount of money won from gamblers who actually travel to Atlantic City’s casinos is a closely watched metric these days as the industry is in the third year of the pandemic, particularly with limits on occupancy lifted and mask mandates ended.

“Popular holiday weekends such as Presidents’ Day and Valentine’s Day, and waning public concern for public health threats related to COVID-19 may have given a boost to brick-and-mortar gaming figures,” said Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City casino industry. “Further relaxation of pandemic-related precautions nationwide gives us hope that spring 2022 will return operators to a pre-pandemic operating environment.”

When internet gambling and sports betting money is included, the February total for casinos and the three horse tracks that accept sports bets rose to $373.2 million, an increase of 29.5% over last year.

“The Casino Association of New Jersey is very pleased with the industry’s performance this past month,” said Joe Lupo, president of the trade organization and also of the Hard Rock casino. He called February “one of the best months the industry has had since our casinos reopened in 2020. We attribute this growth in part to the warmer weather we experienced at the Jersey Shore after the record snow fall in January.”

All nine casinos posted revenue increases compared to a year ago. The Borgata had the highest total revenue, including internet and sports betting, at $94.3 million, up 39.5% compared with February 2019.

Hard Rock was next at $44.7 million, up over 53%; the Ocean Casino Resort won $30.8 million, up over 41%; Tropicana won $26.1 million, up 18.5%; Harrah’s won $19.5 million, up over 30%; Caesars won $19.1 million, up over 41%; Resorts won $13.3 million, up over 45%; Golden Nugget won $12.9 million, up over 45%; and Bally’s won $12.1 million, up over 69%.

Among internet-only entities, Resorts Digital won $38.5 million, up over 40%; Golden Nugget Online Gaming won $34.9 million, up 25.5%; and Caesars Interactive NJ won over $10 million, up $17,6%.

Internet gambling revenue was nearly $130 million, up 38.6% from a year ago.

Sports betting revenue saw a rare decline in New Jersey, which had been the national leader until New York began taking mobile sports bets in January to seize the market lead. Revenue from sports bets was $30.8 million in February, down over 33% from a year earlier, when New York wasn’t in the picture for online sports betting, which accounts for well over 80% of such bets nationwide.

New Jersey’s casinos and tracks took over $985 million worth of sports bets in February, an increase from the nearly $743 million they took in February 2021. But they kept less from those bets after paying out winning tickets and other expenses.


Follow Wayne Parry on Twitter at www.twitter.com/WayneParryAC

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


A demonstrator in Tel Aviv holds a sign calling for a cease-fire in the Hamas-Israel war on Nov. 21...

Associated Press

Hamas releases a third group of hostages as part of truce, and says it will seek to extend the deal

The fragile cease-fire between Israel and Hamas was back on track Sunday as the first American was released under a four-day truce.

3 days ago

Men look over the site of a deadly explosion at Al-Ahli Hospital in Gaza City, Wednesday, Oct. 18, ...

Associated Press

New AP analysis of last month’s deadly Gaza hospital explosion rules out widely cited video

The Associated Press is publishing an updated visual analysis of the deadly Oct. 17 explosion at Gaza's Al-Ahli Hospital.

6 days ago

Peggy Simpson holds a photograph of law enforcement carrying Lee Harvey Oswald's gun through a hall...

Associated Press

JFK assassination remembered 60 years later by surviving witnesses to history, including AP reporter

Peggy Simpson is among the last surviving witnesses who are sharing their stories as the nation marks the 60th anniversary.

7 days ago

Israeli Prime Minister Benjamin Netanyahu, chairs the weekly cabinet meeting in Jerusalem, Sunday, ...

Associated Press

Israeli Cabinet approves cease-fire with Hamas; deal includes release of 50 hostages

Israel’s Cabinet on Wednesday approved a cease-fire deal with the Hamas militant group that would bring a temporary halt to a devastating war.

7 days ago

Republican presidential candidate and former President Donald Trump helps serve food to Texas Natio...

Associated Press

Trump receives endorsement from Texas Gov. Greg Abbott during a visit to a US-Mexico border town

Donald Trump picked up the Texas governor’s endorsement Sunday during a visit to a U.S.-Mexico border town.

9 days ago

Eric Trump, executive vice president of Trump Organization Inc., speaks to the media as he leaves f...

Associated Press

Lawyers in Trump’s civil fraud trial are ordered to clam up about judge’s communications with staff

Eric Trump testified Friday that he was relying on accountants to ensure the accuracy of financial statements.

26 days ago

Sponsored Articles

(KTAR News Graphic)...

KTAR launches online holiday auction benefitting Boys & Girls Clubs of the Valley

KTAR is teaming up with The Boys & Girls Clubs of the Valley for a holiday auction benefitting thousands of Valley kids.

Follow @KTAR923...

Valley residents should be mindful of plumbing ahead of holidays

With Halloween in the rear-view and more holidays coming up, Day & Night recommends that Valley residents prepare accordingly.


Midwestern University

Midwestern University: innovating Arizona health care education

Midwestern University’s Glendale Campus near Loop 101 and 59th Avenue is an established leader in health care education and one of Arizona’s largest and most valuable health care resources.

Atlantic City casino revenue up 43% in February