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Year-to-date, the Atlantic City casino industry has reported total gaming revenue of $1.558 billion, exactly where it was last year over the same period of time. “Clearly the new casinos have added competition and it has been a good thing for visitors,” said James Plousis, chairman of the Casino Control Commission. “Market adjustments were expected and will continue as each casino works to attract new customers and build their market share.” Internet gaming revenue continued to increase in July, accounting for just shy of $26 million, an increase of more than $3 million from June. Golden Nugget Atlantic City remained in the top spot for internet gambling revenue, reporting $9.3 million last month, a 49.3 percent increase over 2017. The casino hotel’s total gaming revenue for July was $29.4 million. Borgata reported increased internet revenue of 30.3 percent. Steve Ruddock, lead analyst for PlayNJ.com , an online gaming advocacy group, said July’s revenue figures highlight the positive impact internet gambling is having on land-based casinos. “Atlantic City casinos cracked 30,000 employees for the first time since 2014, proving once again that online gambling hasn’t cannibalized New Jersey’s land-based casinos,” Ruddock said. “Add more than $155 million in additional tax revenue that online gambling has generated since it began in 2013, and online gambling has proven to be an unqualified success.” Ocean Resort reported the highest revenue from legalized sports betting, reporting just more than $1 million in July.
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