Gross Gaming Revenues Improve for Atlantic City Casinos
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Atlantic City casinos posted $212.4 million in February this year. Back in 2020, the gross gaming revenue was $218.3 million.
iGaming revenue in February was $130 million. This is better than February 2021 by nearly 40% and higher than 2020 by 150%. The statewide gaming industry in New Jersey reported $373.2 million in 2022.
Gross Gaming Revenues improve for Atlantic City Casinos. The busy season is in the summer months here in Atlantic. Casino resorts dotting the Atlantic Ocean are expected to post positive growth after January’s performance.
The government is planning a property tax cut for 2022. The income generated by iGaming and online sports was removed to achieve the tax savings. There is a conflict between Atlantic County and New Jersey about PILOT.
