![]() ![]() ![]() ![]() In-person gambling is also a closely watched metric when compared to the levels the casinos were experiencing before the COVID-19 pandemic hit. Internet and sports betting money helps the bottom line somewhat, but that money must be shared with third parties such as sports books and technology platforms, and is not solely for the casinos to keep. The amount of money won from gamblers physically present on casino floors is the key metric for Atlantic City casino executives. That number was the highest in any July in over a decade, said James Plousis, chairman of the New Jersey Casino Control Commission. Total gambling revenue, including money from internet and sports betting at casinos and three horse racing tracks, was $506 million in July. “As is the nature of the gaming industry, there are always fluctuations in the monthly revenues and this 3% decline does not appear to be part of a lasting trend,” she said. Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry, said the 3% dip is not particularly worrisome. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |