Atlantic City casinos saw little movement in revenue through the first two months of 2025, with figures remaining nearly flat compared to last year as online gambling continued to outpace brick-and-mortar operations during the winter months.
According to data released Friday by the New Jersey Division of Gaming Enforcement, Atlantic City’s nine casinos generated $413.7 million in total revenue through February, reflecting a 0.7% decline from 2024. January revenue stood at $203.5 million, down 3.8% year-over-year and 3.1% from December 2024.
For the second consecutive month, revenue from online gambling surpassed earnings from physical casino floors, a trend that has accelerated during the city’s winter offseason.
“A less busy month for in-person patrons opened the door to more internet gaming activity,” said Jane Bokunewicz, director of the Lloyd D. Levenson Institute of Gaming, Hospitality, and Tourism at Stockton University.
Bokunewicz attributed the decline in retail casino revenue to winter weather, noting that February 2025 featured multiple storms compared to the relatively dry conditions of February 2024.
“With warmer months on the horizon, we should expect to see the industry make up this gap,” she added, expressing confidence in the market’s resilience.
Atlantic City casinos were expected to capitalize on the Philadelphia Eagles’ Super Bowl run, but sports betting figures were lower than anticipated. Retail sportsbooks in the city recorded $39.3 million in handle in February, a 14.7% decline from January and just 3.7% higher than February 2024, despite New Jersey leading all U.S. states in total sports betting handle at $168.7 million.
Among individual properties, Borgata led the market with $49.89 million in total gaming revenue, followed by Hard Rock ($41.87 million) and Ocean Casino ($32.39 million).
Hard Rock led all Atlantic City casinos in table game revenue for February 2025, generating $12.92 million, followed closely by Borgata with $12.13 million. Bally’s recorded $7.35 million, placing it behind the top earners in this category.
Borgata led the slot machine revenue with $37.76 million, followed by Hard Rock, which recorded $28.95 million. Ocean Casino secured the third spot with $22.38 million in slot revenue.
With spring and summer approaching, analysts expect Atlantic City’s casinos to regain momentum as tourism increases. The offseason dominance of online gaming may subside as in-person visitors return, but questions remain about whether retail gaming can reclaim its top spot.
Original article: https://www.yogonet.com/international/news/2025/03/18/98488-atlantic-city-casino-revenue-flat-in-first-two-months-of-the-year-as-online-gaming-gains-ground
