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Atlantic Metropolis on line casino income down 80 % in 2020


The casinos of Atlantic Metropolis have struggling for many years. Between elevated competitors from neighboring states and town’s not-so-great popularity, creating income has all the time been exhausting on the shores of AC. However the coronavirus pandemic, and its accompanying shutdowns, have created a complete new model of enterprise hell for land-based on line casino gaming in New Jersey. And on this new playing hellscape, on line casino income was down 80 % in 2020 in comparison with the earlier 12 months.

In accordance with a latest report from the New Jersey Division of Gaming Enforcement, Atlantic Metropolis’s 9 licensed casinos noticed gross gaming earnings of simply $114 million in 2020. That’s a considerable drop from 2019 once they clocked in $594 million in gross gaming earnings. However that’s what being shut down utterly for 3 and a half months will do to your backside line.

The query now could be what sort of restoration can the casinos of Atlantic Metropolis anticipate in 2021? In a press release reported on by USA Right now, James Plousis, chair of the New Jersey On line casino Management Fee expressed optimism saying, “Atlantic Metropolis and its casinos endured their most difficult 12 months in historical past.”

“But, via accountable administration, the casinos proved that in-person gaming might occur safely. As vacationers return to the shore, they will have each confidence Atlantic Metropolis is protected for the summer time,” he added.

The massive query now could be how Atlantic Metropolis’s land-based casinos can attract clients who’re both used to going to casinos of their residence states, comparable to Pennsylvania, or have develop into utterly accustomed to playing on-line throughout the pandemic.

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