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October 2020 Atlantic City Casino Revenue–Highs and Lows

Barbara Nathan November 23, 2020
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According to a Nov. 13, 2020 article on ThePressofAtlanticCity.com, Atlantic City casino revenue was still down in October, but online gaming and sports betting were way up. The impact of online gaming and sports betting on total October 2020 Atlantic City casino revenue According to the latest data released by the Division of Gaming Enforcement, total gaming revenue reported by the nine Atlantic City casinos for October amounted to $304 million. This represented a 14.2 […]

It’s Official! Twin River Casino Gets CCC Approval to Own and Run Bally’s AC

Barbara Nathan November 6, 2020
twin rivers Ballys AC Atlantic City

After months of uncertainty whether or not the pending sale of Bally’s Atlantic City to Twin River would actually go through, we finally have the answer. On Wed., Nov. 4, 2020, the Casino Control Commission met (two weeks ahead of the previously announced date) to deliberate. As a result, NJ gambling regulators have now given Twin River Worldwide Holdings, Inc. the green light to own and operate Bally’s AC on an interim basis under certain […]

Should NJ Online Casinos Add Games of Skill For Real Money Gambling?

Marco Cerino October 21, 2020
ocean king real money

We’ve seen a lot of attention brought to online gaming since the onset of the pandemic. Casinos across the nation closed and states saw gaming revenue plummet. For those like New Jersey who have online casinos, the shift in customer habits softened the blow a bit. Even with casinos re-opening to limited capacity, players are opting to stay online and take advantage of NJ online casino bonuses and promos. As winter approaches, destinations like Atlantic […]

Huge Online Gaming Revenue Gives Atlantic City A Big Boost in September

Barbara Nathan October 21, 2020
ac best casino

The prolonged shutdown of the nine Atlantic City casinos this year from mid-March to early July and the continuing COVID-19 associated aftermath have had a devastating effect on the city’s total gaming revenue. But it could have been a lot worse without the continued availability of NJ online gaming revenue. Furthermore, September finally brings encouraging news. Not only has online gaming revenue continued to show spectacular gains compared to last year, but under the circumstances,  […]

Borgata Poker Room Reopening Is Just Days Away – What To Expect

Barbara Nathan October 16, 2020
borgata poker re-open

Finally, at long last, poker players can get the news that they have waited to hear–at least as far as one Atlantic City poker room is concerned. Starting Wed., Oct. 21 at 10 a.m., the Borgata Poker Room will reopen! In the poker world, expect the unexpected Things can change in a heartbeat in the world of poker. In a tournament, a single all-in play can turn a chip leader into a short stack (or […]

Bally’s Atlantic City Sale To Twin River Is Still Pending

Barbara Nathan October 14, 2020
BALLYS AC

The Caesars-Eldorado merger is now a done deal. Tropicana Atlantic City is now a Caesars Rewards casino and part of the new Caesars Entertainment Inc. family. But what about Bally’s Atlantic City? Will the anticipated sale of Bally’s to Twin River Worldwide Holdings go through as planned, and if so, when? Or will Bally’s continue to be owned and operated by Caesars? Either way, sweeping changes should occur, as the aging property is in dire […]

When Will Atlantic City Poker Return And Why Is It Taking So Long?

Barbara Nathan October 6, 2020
atlantic city poker rooms open

Three months have gone by since Gov. Murphy gave the executive order for the Atlantic City casinos to reopen. Although attendance limited to 25 percent of capacity and social distancing remain in effect, players can choose virtually any game they want. The one holdout is Atlantic City poker. You can still play poker to your heart’s content at NJ online casinos. But all of the people who miss and prefer live poker keep asking when […]

Claridge And Former Atlantic Club Appeal Casino Deed Restrictions

Barbara Nathan September 4, 2020
Caesars Atlantic City NJ casino

The widely criticized deed restrictions that Caesars placed on three of its former holdings in Atlantic City–the Showboat Hotel, Claridge Hotel, and the former Atlantic Club–preventing any of them from opening a new casino remain in effect. Until now, only the Showboat expressed any strong desire to circumvent the restrictions so it could build a new casino after all. However, now that the Caesars-Eldorado merger is a done deal, four Atlantic City casino properties fall […]

Atlantic City Casino Industry’s Poor Summer Will Impact AC 2021 Budget

Barbara Nathan September 2, 2020
atlantic city 2021

The ongoing Coronavirus pandemic and associated state-imposed restrictions wreaked havoc on Atlantic City casinos this spring and summer. It will also mean millions of dollars less for Atlantic City’s budget for 2021. Under the terms of the PILOT bill enacted in 2016, the amount of money that the casinos must pay to Atlantic City each year depends on the total gaming revenue tier they reached for the previous year. Since the ruling covers a period […]

Atlantic City Casinos Lose $112 Million In The 2nd Quarter of 2020 – WHAT?!

Barbara Nathan August 27, 2020
atlantic city casinos revenue

The Division of Gaming Enforcement (DGE) has just released the Atlantic City casino revenue figures for the second quarter of 2020. This is the period starting April 1 and ending June 30. Longest Atlantic City casino shutdown since 1978  When the still ongoing COVID-19 pandemic compelled Gov. Murphy to order all nine Atlantic City casinos to close on March 16, how long the unprecedented casino closures would last was anyone’s guess. NJ online casino gambling […]

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