Atlantic City casinos experienced a positive turn in November 2024, ending a two-month decline in revenue. The nine casinos generated $223.9 million from slot machines and table games, marking a 4% increase ($9 million) from November 2023.

Five casinos reported revenue gains:

• Borgata: $57.5 million (up 11%)
• Hard Rock: $44.3 million (up 7%)
• Ocean: $34 million (up 8%)
• Resorts: $14 million (up 12%)
• Golden Nugget: $11.7 million (up 7%)

Four properties saw decreases, with losses ranging from 6% at Harrah's to 10% at Bally's.

Online Gaming and Sports Betting Highlights:

• iGaming revenue: $214 million (up 25%)
• Sports betting revenue: $119 million from $1.22 billion wagered (up 24%)
• Fourth consecutive month of record-breaking iGaming revenue
• Third straight month of iGaming revenue exceeding $200 million

Year-to-Date Performance:

• Total gaming revenue: $5.77 billion (matching 2023's full-year total)
• In-person casino revenue: $2.58 billion (down 1.1% or $29.7 million)

Industry leaders note that online revenue differs from in-person earnings, as digital income is shared with third-party partners and doesn't generate additional revenue from amenities like hotels, dining, and entertainment. This distinction remains crucial in ongoing discussions about potential indoor smoking bans and their impact on casino operations.

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