Casino earnings in Atlantic City ascended in 2025
Atlantic City, a renowned gambling, hospitality, and entertainment hub in North America, has seen a mixed picture in its casino revenue for 2025. While physical casino revenue shows slight growth, the online and digital gambling segments are experiencing strong growth, offering a positive outlook for the industry.
The first half of 2025 has seen about a 2% increase in physical slot and table game revenue compared to 2024, amounting to nearly $23.6 million more across nine properties. This suggests some stabilization and slight growth in in-person gaming after challenges in prior years. However, Atlantic City casino profits declined notably in 2024, with gross operating profit falling by 9.3% to $675.1 million from $744.7 million in 2023.
The global pandemic in 2020 had a significant impact on Atlantic City's casino revenue. But since 2020, the city's casino revenue has shown resilience and growth. For instance, in 2021, the total gaming revenue hit $4.74 billion, up by 64.5% compared to 2020. This trend continued into 2023, with the casino revenue rising by 10.9% year-over-year to $5.78 billion.
The strong growth in the online and digital gambling segments is partly offsetting the physical casino struggles. In May 2025, iGaming win increased by 28.5% to $246.8 million, and online gambling revenue grew by 26.2% to $98 million. Sports betting revenue also saw a significant increase, with a 30.2% rise to $102.5 million. Retail betting revenue skyrocketed by 326.6% to $4.5 million in May 2025.
Atlantic City's casino revenue in March 2025 was $546.1 million, up by 3.7% year-over-year. The revenue for February 2025 was $484.8 million, up by 5.1% year-over-year. However, the revenue for January 2025 was $553.9 million, down by 0.9% compared to January 2024. The revenue for April 2025 totaled $536.6 million, up by 5% year-over-year.
Atlantic City, located in New Jersey, is home to nine casino operators. These operators support nearly 52,000 jobs and have an economic impact of $11.88 billion. Despite the ongoing challenges, the city's casino industry continues to be a significant economic driver for the region.
The resort city, famous for its beaches, glamorous casinos, and the world-famous Boardwalk, remains a major tourist destination. New Jersey allows casino gambling, online gambling, and mobile and retail sports betting, providing a diverse range of gaming options for visitors.
While the exact full-year 2025 revenue numbers for Atlantic City casinos have not been finalized, early trends suggest modest growth compared to 2024’s losses. The growth in the online and digital gambling segments is expected to continue, offering a promising outlook for the industry in the coming years.
- Casino operators in Atlantic City are anticipating a positive outlook for the industry, as the online and digital gambling segments, specifically iGaming win and sports betting revenue, are experiencing strong growth.
- Despite a slight growth in physical casino revenue, the total casino profits in Atlantic City declined in 2024, but since 2020, the city's casino revenue has shown resilience and growth, making it a significant economic driver for the region.
- The diverse range of gaming options in Atlantic City, including casinos, casino-and-gambling, sports betting, and general-news on sports, attract tourists to the resort city, famous for its beaches, glamorous casinos, and the world-famous Boardwalk.
