Atlantic City Casino Revenue Continues Rally, November Win Totals $236.8 Million

Posted on: December 17, 2025, 10:33h. 

Last updated on: December 17, 2025, 10:44h.

  • Atlantic City casino revenue was up again in November
  • Atlantic City in-person gaming revenue is pacing for its highest tally in over a decade

The Atlantic City casino industry is on pace for its best year in more than a decade.

Atlantic City casino revenue GGR
A file photograph from 2017 shows Atlantic City and the Steel Pier. Atlantic City casino revenue is on a heater, but not all of the casinos are enjoying the riches. (Image: Shutterstock)

The New Jersey Division of Gaming Enforcement (NJDGE) reports that November maintained the momentum down the shore at the nine casinos in Atlantic City. Gross gaming revenue (GGR) from physical slot machines and table games totaled $236.8 million, a 5.7% improvement from November 2024.

November marked the seventh consecutive month of year-over-year in-person casino growth. Last month was fueled by the tables, as felt win surged 19% to almost $67 million. Slots held their own, with GGR climbing 1.3% to $169.8 million.

Through 11 months, GGR at the nine casinos totaled $2.67 billion, a 3.6% gain on 2024. The city properties are on pace to set their highest in-person gaming revenue mark since 2013.

After a slow start where GGR was down year over year in February, March, and April, Atlantic City casino win has grown in each month since. However, the gains aren’t being felt citywide. 

Majority of Casinos Not Benefitting 

In-person Atlantic City casino revenue is up $92.2 million through 11 months of the year, but only four casinos are experiencing the increase. Five of the casinos have seen in-person casino win decline.

Bally’s revenue is 8.5% lower at $123.9 million, Caesars is down 5.7% to $188 million, Golden Nugget is 7.5% lower at $126 million, Resorts is down 1.1% to $147.9 million, and Tropicana is down 3.3% to $201.3 million.

Those five casinos have generated $41.6 million less money on their gaming floors in 2025. Meanwhile, Borgata, Hard Rock, Harrah’s, and Ocean have seen a great increase in in-person play.

Borgata GGR is up 9.6% to $740.5 million, Hard Rock is 1.6% higher at $510.4 million, Harrah’s has climbed 2.2% to $209 million, and Ocean has made the largest gain, with revenue up 15% to $431 million.

Five casinos seeing in-person casino revenue decline is concerning, as New York moves forward with three downstate casinos. This week, the New York State Gaming Commission granted casino licenses to a development in the Bronx and two in Queens.

The New York City casinos will likely negatively impact Atlantic City’s brick-and-mortar business, as residents in North Jersey and New York take their business to the forthcoming multibillion-dollar entertainment destinations. 

Online Growth Offsets In-Person Declines

Internet gaming and sports betting have helped most of the five casinos offset their in-person gaming declines. Year to date, iGaming GGR is up 22.2% to $2.63 billion, and revenue from sports gambling has climbed upwards of $1 billion, a 2.8% gain on the prior year.

Golden Nugget and Resorts, partnered with iGaming leaders FanDuel and DraftKings, benefit greatly from their online casino partnerships. FanDuel iGaming revenue through November was $593.6 million. DraftKings reported $517.5 million.

As for sports, FanDuel is partnered with the Meadowlands for its online wagering. FanDuel is the largest sportsbook in New Jersey, with a year-to-date sports win of $419.9 million. Resorts’ DraftKings is a distant second at $291.3 million.