Atlantic City casinos experienced a positive turnaround in November 2024, with in-person revenue reaching $223.9 million, marking a 4% year-over-year increase. This improvement comes after a two-month decline in casino revenues.

Five of the nine casinos reported stronger performances compared to November 2023:

• Borgata led with $57.5 million (up 11%)
• Hard Rock reached $44.3 million (up 7%)
• Ocean Casino generated $34 million (up 8%)
• Resorts achieved $14 million (up 12%)
• Golden Nugget earned $11.7 million (up 7%)

The remaining casinos - Bally's, Caesars, Harrah's, and Tropicana - experienced decreases ranging from 6% to 10%.

Online gaming and sports betting continued their strong performance:

• iGaming revenue hit $214 million (up 25%)
• Sports betting generated $119 million from $1.22 billion in wagers (up 24%)
• Online casinos set new records for the fourth consecutive month

Year-to-date highlights through November 2024:

• Total gaming revenue reached $5.77 billion, matching 2023's full-year total
• Traditional casino revenue declined 1.1% to $2.58 billion
• iGaming revenue continued setting monthly records above $200 million

Casino executives emphasize that online revenue differs from in-person earnings, as digital profits are shared with third-party partners and don't generate additional revenue from hotels, dining, and entertainment. This distinction remains central to ongoing discussions about potential indoor smoking bans and their impact on casino operations.

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