Judge Orders Ex-Borgata Executive to Return Mobile Phone

Borgata Hotel-Casino
Borgata Casino got a shot in the arm from Lady Justice last Thursday as a federal judge in Nevada ordered a former Borgata casino executive, among others, to return a company-issued mobile phone which contained valuable information on Borgata’s top players and highest rollers.

Aside from instructing the former Borgata exec to return the cell phone, U.S. judge Gloria Navarro also issued a temporary restraining order preventing the two former executives who left Borgata this summer to work for the Ocean Casino Resort from contacting any past, present, or prospective clients of the Borgata Casino. Navarro also ordered the two former Borgata executives not to share trade secrets or confidential information to their new employers.

Poaching Accusation

However, the judge did not order the two executives removed from their jobs at Ocean Casino despite violating unfair competition laws and agreements. In not terminating the two, Navarro reasoned that the plaintiff did not present evidence that proved Ocean knew that the two were using Borgata trade secrets in their current employment.

Last month, Borgata Casino accused Ocean Casino of “poaching” six former executives in what it called an “attempt to cripple “ it by using trade secrets and sensitive information about its top clients. Borgata proceeded to filing a lawsuit after it asserted that the hiring of their former officers violated New Jersey’s unfair competition laws.

Attempt To Cripple Borgata

The case centered on William Callahan and Kelly Ashman Burke, who worked with Borgata’s top clients, and who were recently hired by Ocean Casino. Borgata took exception of Callahan for his failure to return a company-issued cell phone which was said to contain top secret information regarding Borgata’s high-rollers. Borgata claimed that Callahan refused to return the phone even after he had resigned from his post at their casino.

Callahan worked with Borgata’s highest-level customers who spent around $1.5M-$4M per visit. Borgata claimed that these clients were worth a collective $25M per year and Ocean was “crippling” their business using the information that Callahan took from Borgata using his cell phone. The case was filed in Nevada because MGM Resorts International, Borgata’s parent company, is located there.

Atlantic City Casinos to Resume Food and Beverage Operations on September 4

View of Atlantic City Beach

Good news for Atlantic City casinos and gambling patrons.

On Tuesday, New Jersey Gov. Phil Murphy signed Executive Order No. 183 which states that food and beverage operations in the state’s casinos may resume operations but at a 25% capacity. The order, which takes effect on Friday, September 4th at 6 am, is expected to boost casino operations during the coming Labor Day weekend.

The move came after New Jersey continues to improve its COVID-19 figures. The state has seen a total of 3,989 COVID-19 positive cases with 245 deaths and 2,697 recoveries as of last Tuesday. However, according to the Atlantic County Division of Public Health, there were no COVID-19 related deaths for a six-day period ending last Tuesday.

Said Gov. Murphy:

“Given the progress we continue to see statewide, and with the proper precautions and limitations in place, I am proud that we can take this step today to allow our restaurants to once again welcome patrons back for indoor dining services.”

A Big Relief

The news came as a big relief to the Atlantic City casino industry which as been reeling since the coronavirus pandemic forced them to shut down for four months beginning March this year. They were allowed to reopen last July but at a limited capacity and without food, drinks, and smoke.

Atlantic City casinos are coming off a three-month period where they suffered an aggregate loss of $112M with the Golden Nugget as the only gambling operator to have a positive result. The negative figure was an 85% decline from their performance for the same quarter in 2019.

Booze and Smoke Now Allowed

Under the Executive Order, casinos will be allowed to serve drinks to its customers on their gaming floors. However, booze must be ordered through a server and guests are prohibited from leaving their seats while consuming their beverages. E.O. 183 also permits gamblers to resume smoking on the gaming floors although casinos are given the option to maintain their smoking bans.

Casinos have been smoke-free since their reopening and while smokers find this decision as a relief, those who advocate smoke-free gambling will most certainly be disappointed, especially since many of them thought that the temporary ban would eventually become permanent.

The legislation also allows the operation of “indoor performance-based entertainment centers” but subject to the 25% capacity limit, a cap of 150 non-staff guests in any single venue, plus health and safety protocols. However, it remains to be seen if the casinos will open their entertainment venues since the income from limited operations may not compensate the cost to produce the shows.

Budget Shortfall Looms in Atlantic City Due to PILOT Bill

View of Atlantic City Beach

The crippling effect of the coronavirus pandemic to Atlantic City’s casinos will have a direct impact in the Garden State’s 2021 budget. That’s because the casinos’ total direct revenue is the basis of their annual payment to the city based on the 2016 PILOT bill.

Under the bill, which was enacted in 2016, casinos make annual payments to the city based on revenue rather than pay property taxes based on property value. Last year, Atlantic City’s casinos had a total revenue of $3.2B and they made a total of $150M payments to the city in 2019.

But with the pandemic halting casino operations for four months starting March 2020 and the imposition of health and safety restrictions that limited gaming operations since they were allowed to reopen, the casinos in Monopoly City are unlikely to duplicate last year’s performance.

Unlikely to Duplicate 2019 Performance

From January to July 2020, Atlantic City’s nine casinos have reported a total gaming revenue of $1.2B. That’s well off the $1.845B they made through the first seven months of 2019. Also, the casinos reported an average revenue increase of 11.48% per month beginning August 2019 to the end of the year.

But with the current restrictions, it’s not expected that they will overperform their previous month’s income and because of that, they are expected to come up very short of last year’s totals. Casino win has been down by more than 58% through July and is not expected to pick up with the prohibitions and restrictions currently in place.

Need For Tangible Solution

The PILOT Bill was passed to put an end to the casinos’ property tax appeals filed before the city. It was seen as a means to stabilize Atlantic City’s tax base. The bill was projected to bring a steady $120M in annual payments from the city’s nine casinos and it had been working before the COVID-19 pandemic struck.

Sen. Chris Brown (R-Atlantic) who voted for the PILOT bill in 2016, recognizes the need to modify the legislation. Assemblyman Vince Mazzeo (D-Atlantic), a prime sponsor of the PILOT bill, recognized the need to do something but noted that the city has to “be careful on how to navigate” through the looming shortfall. Meanwhile, the absence of a tangible solution has made locals fear of an imminent increase in property taxes or a decrease in municipal services.

Borgata Casino Files Lawsuit Against Ocean Casino

Borgata Hotel-Casino

Atlantic City’s top casino has filed a lawsuit against one of its competitors, claiming that the rival hired half-a-dozen of its former Marketing Executives in an effort to steal trade secrets.

The case was filed on Thursday by MGM Resort International’s Borgata Hotel Casino & Spa against Ocean Casino after the latter allegedly poached former Borgata executives in an attempt “to cripple” it by using details of its most profitable customers. According to Borgata, Ocean Casino violated unfair competition laws and agreements that prohibit at least two of the highest ranking executives from working for a competitor for a year after leaving.

High-Roller Customer Data

At the center of the complaint is former Borgata exec William Callahan who now works for Ocean Casino. It is alleged that Callahan has retained his Borgata-issued phone which contains valuable information about Borgata costumers. The lawsuit states that Callahan has refused to return the phone as recently as Monday this week.

Callahan was in charge of Borgata’s high-roller customers. These were patrons who spent $1.5M to $4M per visit and who would be flown in and out of the casino’s events using Borgata’s private jet. According to Borgata, these individuals were worth at least $25M per year to the company.

Aside from Callahan, Borgata also mentioned the name of former executive Kelly Ashman Burke in the document. The plaintiff also said that four other ex-marketing personnel have been hired by Ocean Casino in an attempt to “cripple” Borgata’s casino operations in Atlantic City.

Direct and Primary Competitor

The Borgata leads the nine-casino market in the area but in the lawsuit, it asserts that Ocean City is a direct and primary competitor for high-level customers in Atlantic City. Interestingly, Ocean Casino ranks just sixth among the nine Atlantic City casinos in terms of total revenues, making just one-thirds of what Borgata has raked in over the period.

The Ocean City Casino is the former Revel Casino which was shut down in 2014. The Revel operated for over two years and never came close to making a profit. But the casino reopened in 2018 under a new name and ownership and it has improved its ranking in the market.

Last month , Ocean Casino ranked second in Atlantic City casino win with its revenue of $23.6M a 23.1% increase against its July 2019 figures. Ocean saw nine straight months of slot pay growth before the coronavirus pandemic hit last March. Borgata was closed for the most part of July but in terms of income, it still makes three times more than any of its competitor.

Atlantic City’s Casino Revenue Dropped by 85% in 2020’s Q2

Like all other major casino destinations, Atlantic City took a major hit over the months of April, May, and June. It was the only three months that casinos here were forced to shut down since the first one opened back in 1978. This week, reports were released that show exactly how much Atlantic City’s casino revenue fell during 2020’s second quarter.Sky View Of Atlantic City

Obviously, casinos in this city saw their earnings plummet. Things have improved since that time, however, and quarter three of this year is expected to be considerably better.

Let’s take a look at how this city’s casino industry fared over the past few months.

Casinos in New Jersey Continue Working to Draw Visitors

New Jersey was one of the first states to take a major hit due to the coronavirus now spreading around the world. Infection rates began to surge here and Governor Phil Murphy eventually ordered all casinos around the state to close down. It was unclear how long this shutdown would last for.

As time went on, Atlantic City started to suffer more and more. A huge number of people in this city rely on casinos for employment. Many local businesses also rely on the tourism that casinos generate to function.

After months of back and forth, state leaders agreed to allow casinos to reopen over the Fourth of July weekend. Several of the top casino-resorts here immediately opened their doors when allowed to. Others took their time to assure things would run as smoothly as possible.

The Borgata Hotel-Casino, Atlantic City’s biggest revenue-generator, opened its doors at the end of July. All casinos in this city are now focused on boosting rates of tourism. This has become much easier said than done.

Many residents of New Jersey and nearby states are unwilling to make the trip to a casino amid the pandemic. Things are still not completely safe inside these gaming venues, even with the safety measures set in place. As a result, revenue here remains considerably lower than it was in 2019.

Things are far better now than they were over April, May, and June, though.

Looking Back Atlantic City’s Casino Revenue During This Year’s Second Quarter

It’s now safe to say that the second quarter of 2020 was the worst in history for the US land-based casino industry. In some states, casinos were shut down for all three months. Some allowed their gaming venues to open at the end of the quarter.

New Jersey is in the latter category. It wasn’t until July that casinos were allowed to reopen, meaning land-based casino revenue was non-existent during this time. This week, the New Jersey Division of Gaming Enforcement released its quarterly revenue report.

During 2020’s second quarter, Atlantic City’s casino revenue fell by an astounding 85%. Casinos here brought in a net revenue of just $121 million during this time. That’s down from the $796.8 million brought in during the same time last year.

Casino Control Commission Chairman James Plousis claims it’s impossible to even compare this year’s earnings to 2019 due to the pandemic.

“It is also noteworthy that, during this period, the casinos undertook an amazing effort and expense to prepare a safe environment for the return of employees and guests,” Plousis said. “That critical investment enabled the casinos to begin welcoming back visitors with appropriate limits in July, and started Atlantic City on the road to recovery.”

He’s certainly right about the massive effort it took to get casinos here operational again. Even today, casinos in this city are working to improve safety measures for patrons and employees. Most of these casinos are also putting special attention on their online gambling operations, too.

Online Gambling Is More Popular Now Than Ever Before in New Jersey

The world’s gambling industry is changing day-by-day. Prior to March, land-based casino revenue was surging and exciting new casino-resorts were being built around the US. Nowadays, online casinos seem to be the most popular option for most gambling fans.

More people see how convenient and easy online casinos make gambling. As of now, New Jersey is one of the few states with a regulated internet casino industry. This regulation is paying off massively, helping casinos companies to stay afloat while bringing the state valuable revenue.

Not long ago, the American Gaming Association released a report showing how much online gaming revenue has grown in 2020. In regulated markets, revenue from these online gambling options has increased by 80%. This may continue to increase, despite many land-based casinos now open around the country.

Other states are taking notice. Several lawmakers have begun presenting bills to legalize and regulate their online casino and sports betting industries. Several prominent analysts expect a surge of new online gambling regulations to begin appearing around the country.

Fortunately, Atlantic City’s casino revenue is beginning to increase with casinos now reopened. That’s great news for residents and employees in the area. Make sure to stay tuned for updates on the casino earnings here over the next few months.

Do you plan on visiting Atlantic City anytime soon? Let us know in the comments section below!

Demolition On the Trump Plaza Casino is Now Underway

For years, officials within Atlantic City have been calling for the demolition of the Trump Plaza Casino. Issues have come up, and until fairly recently, this abandoned property remained on the Atlantic City Boardwalk. Demolition on this hotel-casino has finally begun and should finish at some point in 2021.Trump Plaza Casino

Many are excited to hear this venue finally being taken down. Atlantic City is one of the country’s top casino destinations and many companies are interested in building a new hotel-casino where the Trump Casino currently sits. Today, we’re going to talk about what the demolition of this property means for the city moving forward.

Let’s get into it!

History of Donald Trump’s Atlantic City Hotel-Casino

Back in the 1980s, Atlantic City was one of the most exciting gambling destinations in the United States. Casino gambling had been officially legalized in 1976 and some of the biggest casino companies immediately began opening properties here. In June of 1982, The Trump Organization began the construction of a new major gaming venue on the Atlantic City Boardwalk.

In May of 1984, this property officially opened its doors to the public. It was one of the most impressive hotel-casinos in the city with 614 rooms, seven restaurants, and a 60,000 square-foot casino. It immediately became a hit with gamblers from around the East Coast.

Over the years, the Trump Plaza Casino became a major sports venue, as well. Several major events including Wrestlemania IV and Wrestlemania V were held here. This helped to bring the hotel-casino even more exposure.

Revenue figures here began to sharply decline in the 1990s. By 1995, Donald Trump granted ownership of this venue to the Trump Entertainment Resorts. In 2011, company officials announced they planned to either sell or renovate this property.

In September of 2014, the hotel and casino finally closed its doors for the last time. It wasn’t the only major casino-resort here to make this decision. The recession had taken a major toll on Atlantic City and four other hotel-casinos in the city had already shut down.

This venue has remained in Atlantic City over the years, despite being closed. Many have called for it to be demolished. This month, officials finally began the process of tearing this old gambling venue down.

The Trump Plaza Casino is Now Being Taken Down

Atlantic City was hurting badly from 2008 to 2016. Over the past few years, however, things have completely turned around. The legalization of sports betting and investments from outside companies have once again turned this New Jersey city into one of the best casino destinations in the US.

Of course, the pandemic has halted the progress that was being made here. Back in March, all of Atlantic City’s casinos were ordered to shut down. It wasn’t until July that they were given permission to reopen.

There have been calls to demolish the Trump Plaza Casino for years. Many felt its removal would open the opportunity for a new hotel-casino to be constructed. Billionaire Carl Icahn now owns the land this venue sits on, and repeatedly told the media that demolition would begin once all the contracts were agreed to.

It took time, yet the process of tearing down this property has finally begun. A demolition crew from Pennsylvania have begun taking the hotel-casino down piece by piece. If all goes according to plan, the official implosion of the venue will happen sometime in 2021.

It’s not entirely clear what will be built here. Most feel another hotel-casino will be opened on the property. Carl Icahn has not publicly revealed what’s being planned. We’re likely to hear more about this situation once demolition is complete.

Atlantic City Casinos Still Struggle to Generate Revenue

For years, the small city of Atlantic City was seeing its local economy flourish. Tourism rates were high and casinos here were bringing in an incredible amount of revenue from their land-based and regulated online gambling operations. Things took a major turn in March after these casinos were forced to close.

Most of the gambling venues in the city have been reopened for more than a month. Unfortunately, revenue figures are considerably lower than what was seen at the start of 2020. It’s not entirely clear when this trend will change.

The truth is that most people are hesitant to visit a crowded casino right now. That’s particularly true with the new health and safety rules set in place inside these casinos. Most experts feel things will stay that way for the rest of 2020.

Things are very similar over in Las Vegas. Here, casinos have been open for even longer. Several companies here released their second-quarter revenue reports for 2020 and things are just as bad as most predicted they would be.

Many casino companies are now beginning to focus more on their online gambling operations. Revenue from the internet casino industry has actually increased since March. It seems likely that more states will begin looking into online gambling regulation as the months go on.

It will be interesting to see what replaces the Trump Plaza Casino. Make sure to stay tuned for updates!

Casino Revenue in Atlantic City Dropped by 23% in July

July marked the first month that casinos in Atlantic City reopened. Many had questions as to how much money these gambling venues would earn once they began accepting guests again. This week, reports on casino revenue in Atlantic City for the month of July finally surfaced.Revenue Drop Picture

It should come as no surprise that revenue here dropped. Today, we’re going to look at exactly how much money these properties managed to bring in. We’ll also talk about how revenue figures here may change as time goes on.

Let’s get into it!

New Jersey’s Casino Industry is Now Up and Running Again

There’s no doubt that New Jersey has the biggest casino industry on the East Coast. Atlantic City has recovered since the economic recession in 2008 and is now home to some of the country’s best casino-resorts. Back in March, however, all of the casinos here were forced to shut down.

This proved to be devastating to the local economy. A huge number of residents in this city rely on casinos in one way or another. The casino companies here also began to suffer and many feared they would be forced to permanently shut down.

That didn’t prove to be the case. Governor Phil Murphy eventually gave these casinos permission to reopen over the Fourth of July weekend. The Borgata Hotel-Casino began operating again in late July, making it the final gambling venue in the city to open back up.

Intense safety measures are set inside all of these properties. Masks are required on the casino floor. Eating, drinking, and smoking are all prohibited. It seemed likely that visitation would drop with so many safety new rules set in place.

Casino revenue has been dropping around the country. That was particularly true over March, April, and May, when most casinos were closed. This week, we learned how much money Atlantic City’s casinos managed to bring in during the month of July.

Here’s where things stand.

Reports on Casino Revenue in Atlantic City Are Out!

Many had questions about how much money casinos in Atlantic City would make in July. Some had concerns that tourism rates would remain extremely low. Everyone knew that the casinos here would experience a dip in revenue earnings.

According to the New Jersey Division of Gaming Enforcement, casino revenue in Atlantic City dropped by 23% when compared to the same month in 2019. The casinos here managed to bring in just under $248.7 million last month. It’s a significant decline from the $323.3 million made a year ago.

This is not very surprising. As we already mentioned, the Borgata Hotel-Casino was only operational for nine days last month. The regulations we mentioned have also led to a significant drop in tourism, which negatively impacts revenue.

Jane Bokunewicz, coordinator of the Lloyd D. Levenson Institute for Gaming, Hospitality and Tourism at Stockton University, believes the figures represent a win for New Jersey’s casino industry.

“Even with public health precautions in place, there was great concern that patrons would not yet feel safe visiting the casinos in person, and there would be an extended ‘COVID drag’ on the industry,” Bokunewicz said. “Although total casino win for July was down, [the revenue report] shows that a significant number of gamblers were willing to play in person.” 

Casino revenue figures likely won’t return to normal for at least a year. As time goes on, casino companies will likely focus more on their online gambling operations. More states are also beginning to take a closer look at the legalization of sports betting.

More States Are Looking into Sports Betting Legislation

Back in mid-2018, the Supreme Court struck down PASPA. This immediately gave every state in the country the ability to legalize sports gambling. It’s been more than two years, and 24 different states have legalized this form of gambling.

This is proving to be a hugely successful industry. Despite many sports being shut down for months, sports betting has been growing more popular. It’s been an important source of revenue for many casino companies.

State leaders recognize the revenue potential from this industry. For a time, it seemed highly likely that Massachusetts would legalize this form of gambling this year. To the surprise of many, the Massachusetts State Senate rejected the bills to legalize this form of gambling.

The same can be said for California. Gambling proponents have presented several bills to allow sports betting here. Unfortunately, state officials failed to come to a deal with Native American tribes on how to offer sports betting options. It now appears the state’s sports gambling plans will be delayed at least a year.

These delays won’t last forever. Most feel that sports betting will become legal in almost every state within the next few years.

Are you surprised to see casino revenue in Atlantic City drop by so much? When do you expect these figures to return to normal? Let us know in the comments section below.

Workers Request Temperature Checks at Casinos

Casinos have been up and running around the US for more months. Unfortunately, many employees inside these venues continue to complain that working conditions are unsafe. Recently, workers began requesting temperature checks at casinos to better identify those with Covid-19.Temperature Check

This won’t eliminate the possibility of infection spread. It may help to make things safer, though. Now is the perfect time to look at some of the safety measures different US casinos are taking to protect their patrons and employees.

Let’s get into it!

Tourism Rates in Nevada and Atlantic City Remain Low as Covid-19 Cases Increase

Nevada is a state that relies on tourism. It’s home to cities like Las Vegas and under normal circumstances, the tourism industry here is booming. 2020 is no normal year and over the past six months, Nevada has seen the lowest rates of visitors in modern history.

It’s not for a lack of trying. Governor Steve Sisolak gave casinos in the state the green light to reopen in June of this year. Initially, only a few major gambling venues in the state opened up. Today, nearly all casinos in Las Vegas are operational again.

Hope was that the reopening of the state’s casinos would help to boost tourism rates. In some ways, this was successful. As the state’s casinos open up, more visitors are making the trip to Nevada. Unfortunately, tourism rates remain significantly lower than they were in 2019.

The same can be said for Atlantic City.

Rates of Covid-19 continue to increase. As more cases come up, less people around the country want to visit and play inside a crowded casino.

Workers are feeling the effects of this situation. Many rely on casinos for a paycheck, yet are being put at risk of catching Covid-19. Calls to increase safety measures have been increasing as of late.

Many now feel that all casinos should begin taking the temperature of all their patrons.

Employees Start Calling for Temperature Checks at Casinos

As most already know, regulations towards Covid-19 vary from state to state. Nearly all casinos across the US are taking similar measures, though. That includes plexiglass barriers at table games, separating slot players, and limiting occupancy.

Some feel this still isn’t enough.

Over the past few months, we’ve seen a number of workers inside casinos come up positive for Covid-19. Some have even died from the new virus. Obviously, it seems as if casinos are not doing enough to prevent infection spread.

There have been many attempts to increase safety measures inside casinos. Not long ago, the Nevada Culinary Union sued several major Las Vegas Strip casinos for their lack of health protocols. Earlier this week, the Sahara Las Vegas was hit with a health complaint from the Nevada Gaming Control Board.

Something needs to change, yet no one seems to have the best idea on how to do so. There’s now a push for temperature checks at casinos in Atlantic City. Members of the Local 54 Unite-Here union started demanding the change during an online press conference on Thursday.

Steve Callender, regional president of Caesars Entertainment, claims the company’s venues in Atlantic City are doing everything they can to keep things safe for workers.

“Caesars Entertainment’s Atlantic City health and safety plan fully complies with all governmental directives,” he said. “In addition to our enhanced cleaning protocols and other requirements that apply to our valued team members, all of our guests must pass a screening process before being allowed into our properties and must wear face masks in compliance with the governor’s orders.”

Temperature checks at casinos won’t eliminate the possibility of Covid-19’s spread. It could help casinos identify those with clear symptoms, however, and that’s a step in the right direction.

More Gambling Revenue Reports Are Starting to Surface

In 2020’s second quarter, casinos experienced some of the lowest revenue figures they’d ever seen. All casinos were closed in April and May, and many remained shut down through the month of June.

As time goes on, more companies are revealing how much they made in quarter two.

Las Vegas Sands saw its revenue earnings drop by 97% during these three months. Sheldon Adelson released a report detailing exactly how much money the company’s casinos managed to bring in. One company official told the media that Las Vegas was “in a world of hurt.”

Earlier today, Wynn Resorts revealed its second-quarter revenue reports, as well. Things aren’t much better. This Nevada-based gaming company saw a massive 95% dip in revenue over April, May, and June.

More of these reports will become available over the next week. Most analysts predict similar figures for companies such as MGM Resorts International and Eldorado Resorts.

No one knows when things will start getting back to normal. Some feel that taking steps such as temperature checks at casinos will boost public confidence in the safety of these venues. Stay tuned for more updates on the health protocols casinos take over the next few weeks.

Have you visited any major casinos recently? Let us know about your experience in the comments section below!

Borgata Hotel-Casino is Now Open to the Public

Atlantic City is home to many of the best casinos in the United States. Many feel that Borgata Hotel-Casino is the best gambling venue here. Unfortunately, it’s been closed for the past four months. Borgata finally reopened to the public and is now working hard to attract players.Borgata Hotel-Casino

Like all other major casino destinations, Atlantic City has been struggling to bring in revenue. Tourism rates here are dropping. Some analysts predict this trend will continue for the rest of the year. Now is the perfect time to look at how the rest of 2020 will look for this city.

Let’s get into it!

Atlantic City Casinos Rely More On Online Gambling Platforms

2020 has been an incredibly unusual year for the US casino industry. Prior to March, casino companies were thriving. Cities like Las Vegas and Atlantic City were drawing in a huge number of tourists and gambling revenue continued to increase.

That is no longer the case. All of the country’s land-based casinos were completely shut down for months. Casino destinations immediately felt the effects of these shutdowns. State leaders around the country started looking at ways to safely get their casinos operational again.

Most states started to allow their gaming properties to slowly reopen in June. New Jersey took until early July to allow Atlantic City casinos to start accepting guests again. Things are considerably different here than they were in 2019, though.

The acceptable capacity inside Atlantic City’s casinos has been lowered. Eating, drinking, and smoking is no longer allowed inside these venues. Due to these regulations, tourism to this city has dropped considerably.

The fact is that many don’t want to gamble inside a casino with so many rules set in place. As a result, more casino companies here are relying on their online gambling regulations. Both online casino gambling and sports betting are allowed here. The revenue earned from this industry is proving hugely valuable for these companies.

It’s going to take time for the land-based casino industry to get back to normal. This week, the final casino in Atlantic City finally started to accept players again.

Borgata Hotel-Casino is Finally Open!

In the early 2000s, Atlantic City seemed to be in real danger. The financial crisis of 2008 made things worse and many of the casinos here were forced to permanently shut down. Several prominent analysts felt that the city would never recover.

Since 2018, however, Atlantic City has been on a major upswing. The legalization of sports betting and renovation of several casinos here helped to bring in more tourists. Gambling revenue started to increase here every single month.

In March, Atlantic City’s casinos shut down. Governor Phil Murphy finally allowed them to reopen over the Fourth of July weekend. The last casino to reopen was Borgata Hotel-Casino, widely considered one of the best gambling venues in the city.

On Sunday, the Borgata finally opened back up. It marks the complete resumption of in-person gambling in Atlantic City. Many gambling fans in the northeast are happy to see this massive gambling venue back up and running.

Borgata is consistently the biggest revenue earner in Atlantic City. Owners of this property are hoping this trend continues for the rest of the year. As we already mentioned, this property and all others will be putting a major focus on their online gambling operations.

The next few months will be very important for Atlantic City. Can New Jersey’s top gambling destination learn anything from Las Vegas?

Casino Companies Take Notice of Covid-19 Case Increase

When the US casino industry began to shut down, all eyes focused on Las Vegas. This city is the largest gambling destination in the world. Many had questions about how Las Vegas would fare with its major casino-resorts shut down.

The answer became clear almost immediately. City and state leaders recognized how important it was to get the casinos open again. Some health experts warned that doing so would result in a major increase in Covid-19 cases.

That has turned out to be the case. Since the casinos in Las Vegas reopened, cases of Covid-19 have been increasing rapidly. Casino companies are taking notice and continue to work on improving safety measures.

Atlantic City casinos, including the Borgata Hotel-Casino, are trying to understand how to best approach reopening. Major gambling venues are proving to be easy places for this new virus to spread. No one expects the casino industry to shut down again, though.

More Las Vegas casinos are adding self-service options for guests. These venues are trying to limit human-to-human contact as much as possible. Atlantic City casino companies may soon begin taking this approach, as well.

The next few months will tell a lot about how the US casino industry will look in the future.

Are you excited to see all of Atlantic City’s casinos reopened? Let us know in the comments section below!

Gambling Revenue in NJ Was Down Nearly 66% in June

New Jersey finally gave its casinos the green light to reopen over Fourth of July weekend. Prior to this move, casino companies in the state were relying entirely on their online gambling operations for money. According to new reports, gambling revenue in NJ earned in June was down almost 66%.Revenue Decline Image

Some feel this is actually a success for the state. Other parts of the country saw their gambling revenue drop to almost zero while casinos were shut down. Today, we’re going to look at how much money the casinos here managed to bring in last month.

Let’s get into it!

State Leaders Continue Looking at Ways to Improve Atlantic City

The state of the land-based casino industry is changing every single week. Most states have chosen to reopen their casinos, albeit with major restrictions set in place. Some have rolled back their plans and have forced casinos to shut down once again.

Lawmakers in New Jersey wanted to take their time reopening the state’s gambling industry. It was devastating for Atlantic City’s economy. As most know, this city relies almost entirely on tourism and gambling revenue.

Governor Murphy began allowing casinos to open back up over Fourth of July weekend. According to reports, a large number of visitors flocked to the city to take part in the festivities. Many of these guests were surprised to see that eating, drinking, and smoking are now prohibited inside casinos.

Since opening weekend, tourism in this city seems to be dropping. Cases of Covid-19 are increasing around the country and many fear that a new wave could eventually hit New Jersey. State leaders are still doing everything they can to promote tourism while protecting public safety.

Balancing these two things isn’t easy. Casinos here continue to offer new deals, yet some may soon be forced to implement new, intense safety measures. We’re just starting to see how much money the casino companies in this state managed to bring in last month.

June’s Gambling Revenue in NJ Dropped by 65.6%

Everyone knew that June would be a tough month for New Jersey’s gambling industry. Casinos were shut down for the entire month. The only money being earned here was from these casino’s online gambling operations.

Many were curious to see exactly much money the gambling industry here earned in June. We now have an answer. According to new reports, June’s gambling revenue in NJ dropped by an incredible 65.6%.

It was a significant drop when compared to 2020. The nine casinos and two horse racing tracks managed to bring in $97.5 million in June. That’s nearly identical to the drop in revenue experienced this May.

Of course, the online gambling operations here have been earning significantly more money than they did in the past. Regulated online sportsbooks here brought in $12.6 million in June. In June of 2020, these sportsbooks earned just $9.7 million.

James Plousis, chairman of the New Jersey Casino Control Commission, spoke about the revenue figures to the media this week.

“June was the last full month of casino closures, and the figures reflect the historic business disruption across the region and beyond,” Plousis said. “Now that casinos have begun welcoming back visitors with appropriate limits, Atlantic City has started on the road to recovery.”

Fortunately, July is guaranteed to be a better month. Even with casinos operating at 25% capacity, revenue figures will be up. Stay tuned for updates!

How Are Things Looking in Las Vegas?

Las Vegas opened up earlier than many initially predicted. For a time, Governor Sisolak was hesitant to allow casinos to reopen. Eventually, however, he recognized that it was a necessity for Las Vegas to survive.

Casinos began to open here on June 4th. Today, nearly all of the casinos on the Las Vegas Strip are now accepting guests. Cases of Covid-19 have begun to increase in Clark County and many of the casinos are now increasing their safety measures.

Earlier this week, Wynn Resorts and Las Vegas Sands announced they are no longer allowing smoking at table games. Some still criticize the fact that smoking is allowed in these casinos at all. In time, casino companies may have no other choice than to set a blanket bet on smoking indoors.

It’s still not entirely clear how much revenue the casinos here are earning. Tourism rates here are fluctuating. Much like Atlantic City, fewer visitors seem to be traveling here due to the recent spike in coronavirus cases around the country.

It’s an incredibly difficult time for the US land-based gambling industry. More and more states are now turning to online gambling for revenue. It’s likely that more states will look at regulating this industry as time goes on.

Are you surprised to see gambling revenue in NJ drop by so much? How much money will the casinos here earn in July? Let us know in the comments section below!