Despite Growth, Atlantic City Casino Industry Continues to Face Challenges | Casino

“New Jersey has always been a strong gaming market,” said Casey Clark, senior vice president of the American Gaming Association, the casino industry’s national trade group, in September. “The crossing of the $ 1 billion mark in September is an impressive indicator of the appetite of New Jerseyans and Americans across the country who have embraced legal and regulated sports betting.”

There are also some drawbacks to the overall success of the internet and sports betting, said Tony Marino, a former Atlantic City Expressway executive who now writes a newsletter on tourism trends and the city’s casinos. .

“But the irony is that online gaming threatens in-person activity by suppressing the overall volume of visitors to the resort, which in turn negatively affects physical games, town restaurants and casinos,” retail establishments and entertainment venues, ”said Marino. “The challenge in 2022 is for the industry to maintain the national leadership in the digital game while promoting Atlantic City as a resort with several world-class attractions worthy of in-person visits.”

As of November, seven of the nine casinos have shown a decrease in the amount of in-person money players earn, compared to 2019.

Besides Hard Rock Casino & Hotel and Ocean Casino Resort, which posted wins, the other seven casinos are down 22% of the amount won by on-site players.