Atlantic city new jersey legalized gambling impact

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Caesars was down an identical 43.8% to $152.3 million. Resorts was close behind, down 43.8% to $100.2 million. Harrah’s had the biggest decline in 2020, down 46.8% to $166.3 million. It won more than $415 million, an increase of nearly 10% over the previous year. Only one casino, the Golden Nugget, took in more money in 2020 than it did in 2019.

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As society begins to approach a return to normalcy, Atlantic City will be ready to restore its recent positive momentum.” “Atlantic City’s stakeholders have been working hard to build a strong foundation for recovery. “Significant revenue was lost in those early months and, throughout the second half of the year, the resurging public health crisis continued to impact business in Atlantic City,” said James Plousis, chair of the New Jersey Casino Control Commission. Even when they were allowed to reopen in July, they had to restrict operations to 25% of capacity - limits that remain in place today.Ĭraps players and dealers are separated by partitions at the Golden Nugget Casino in Atlantic City, N.J., Thursday, July 2, 2020. That represented a decline of 16.9% in a year in which the casinos were closed for 3 1/2 months. WHYY thanks our sponsors - become a WHYY sponsor

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