Atlantic City casinos win $345M in June as gamblers return

ATLANTIC CITY, N.J. (AP) — Atlantic Metropolis’s casinos received greater than $345 million from gamblers in June as pandemic fears eased considerably and gamblers returned with their wallets.

That determine was almost 4 instances as a lot because the 9 casinos received final June, after they have been closed as a result of coronavirus outbreak. Beginning subsequent month, the year-to-year comparisons will change into legitimate once more as most casinos reopened on or close to July 2, 2020.

When sports activities betting cash received by three racetracks is added to the equation, the June whole rises to almost $393 million.

That simply surpassed the $278 the casinos and tracks received in June 2019, earlier than the pandemic hit.

June is the normal begin of the summer season season for the casinos, their busiest and most worthwhile time of yr, and business observers have been eagerly awaiting the June outcomes.

“For 3 consecutive months, (income) progress has exceeded 20% in comparison with the sturdy outcomes of 2019,” stated James Plousis, chairman of the New Jersey On line casino Management Fee. “I’ve seen first-hand that visitation to Atlantic Metropolis is on the rise, vacationers are joyful to be coming again, and the summer season season is off to a optimistic begin.”

“The elimination of COVID restrictions and the return to normalcy bode properly for us, as we launched our reimagined on line casino ground enhancements on the finish of June,” added Terry Glebocki, CEO of the Ocean On line casino Resort.

Borgata led the pack with $97.7 million in income, adopted by Laborious Rock at $41.6 million; Tropicana at $27.4 million; Ocean at $26.6 million; Harrah’s at $21.3 million; Caesars at $20.3 million; Resorts at $13.9 million; Golden Nugget at $12.2 million, and Bally’s at $11.6 million.

Amongst internet-only entities, Resorts Digital received $35.5 million, Golden Nugget On-line received $27.6 million, and Caesars Interactive NJ received $9.3 million.

New Jersey gamblers made $766 million value of sports activities bets in June. After paying successful bets and bills, the casinos and tracks stored $71.2 million of that.


Tesla ‘s Lithium Demand Skyrockets. They will Want 88,000 Tons Of Lithium Per Yr.

How will they meet rising calls for? Effectively, this firm may need the reply…

The Meadowlands Racetrack in East Rutherford, simply exterior New York Metropolis, received $44.5 million; Monmouth Park in Oceanport close to the Jersey Shore received $2.5 million, and Freehold Raceway, which has but to ramp up its sports activities betting operation in any significant manner, received $132,775.

Web playing income was up greater than 26% in June from a yr earlier, rising to $107 million.

To date this yr, the casinos and tracks have received greater than $2.1 billion, twice the quantity they’d received over the identical interval final yr, which included the three 1/2 months that the casinos have been shut down.


Observe Wayne Parry on Twitter at

Featured Article: Do equity income investments outperform growth and income investments?

7 Stocks That Can Help You Profit From Summer Shortages

One of many lingering impacts of the Covid-19 pandemic is the availability chain disruptions that proceed to bedevil many sectors. By now, each investor is conscious of the worldwide chip scarcity that’s disrupting many sectors that have been projected to have sturdy progress in 2021.

However there are a lot of extra sectors which might be being affected by provide chain disruptions. And this impacts the whole lot from big-ticket objects like automobiles to on a regular basis objects like pet meals and even bacon.

The main focus of this particular presentation is seven firms that stand to learn from the present disruption within the provide chain. All of those firms delivered sturdy features in 2020. A few of them have weakened in 2021, however that was earlier than the complete extent of the availability chain weak spot was found.

Because the financial system reopens, the scarcity of things is prone to proceed and change into far more notable. Once they do, many of those shares could get overpriced. That’s why now’s the time to get in on these shares that may enable you to work the availability chain in your favor.

View the “7 Stocks That Can Help You Profit From Summer Shortages”.


Inter Reviewed is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – The content will be deleted within 24 hours.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

3 + 7 =

Back to top button