ATLANTIC CITY, N.J. (AP) — Atlantic Metropolis’s casinos set a brand new month-to-month report for gross playing income in June, profitable greater than $345 million from gamblers as pandemic fears eased considerably and gamblers returned with their wallets.
That determine was practically 4 instances as a lot because the 9 casinos gained final June, once they had been closed as a result of coronavirus outbreak. Beginning subsequent month, the year-to-year comparisons will turn into legitimate once more as most casinos reopened on or close to July 2, 2020.
When sports activities betting cash gained by three racetracks is added to the equation, the June whole rises to just about $393 million.
That simply surpassed the $278 the casinos and tracks gained in June 2019, earlier than the pandemic hit.
June is the standard begin of the summer season season for the casinos, their busiest and most worthwhile time of yr, and trade observers had been eagerly awaiting the June outcomes.
The numbers “didn’t disappoint, coming off a close to report single month excessive in Could of $337.2 million to set a brand new single month whole gross gaming income report,” stated Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton College. “On line casino patrons don’t have to go to the on line casino in-person as a way to gamble, the truth that they’re visiting suggests they’re getting extra out of the expertise than playing alone.”
James Plousis, chairman of the New Jersey On line casino Management Fee, famous that for the final three months, on line casino income development has exceeded 20% in comparison with the identical interval in 2019.
“I’ve seen first-hand that visitation to Atlantic Metropolis is on the rise, vacationers are completely satisfied to be coming again, and the summer season season is off to a constructive begin,” he stated.
“We’re inspired by this momentum, which speaks to the consolation of tourists returning to the Jersey Shore this summer season to take pleasure in premiere gaming, hospitality and leisure,” stated Joe Lupo, president of Onerous Rock Atlantic Metropolis.
“The elimination of COVID restrictions and the return to normalcy bode effectively for us,” added Terry Glebocki, CEO of the Ocean On line casino Resort.
Borgata led the pack with $97.7 million in income, adopted by Onerous Rock at $41.6 million; Tropicana at $27.4 million; Ocean at $26.6 million; Harrah’s at $21.3 million; Caesars at $20.3 million; Resorts at $13.9 million; Golden Nugget at $12.2 million, and Bally’s at $11.6 million.
Amongst internet-only entities, Resorts Digital gained $35.5 million, Golden Nugget On-line gained $27.6 million, and Caesars Interactive NJ gained $9.3 million.
New Jersey gamblers made $766 million price of sports activities bets in June. After paying profitable bets and bills, the casinos and tracks stored $71.2 million of that.
The Meadowlands Racetrack in East Rutherford, simply outdoors New York Metropolis, gained $44.5 million; Monmouth Park in Oceanport close to the Jersey Shore gained $2.5 million, and Freehold Raceway, which has but to ramp up its sports activities betting operation in any significant manner, gained $132,775.
Web playing income was up greater than 26% in June from a yr earlier, rising to $107 million.
Thus far this yr, the casinos and tracks have gained greater than $2.1 billion, twice the quantity they’d gained over the identical interval final yr, which included the three 1/2 months that the casinos had been shut down.
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