Atlantic City Struggles Persist, Casino Revenue Down Almost Three Percent in April

Posted on: May 17, 2025, 09:32h. 

Last updated on: May 17, 2025, 09:32h.

  • Atlantic City casinos continue to struggle
  • iGaming maintained its growth trajectory in April
  • Oddsmakers are fielding fewer bets

Summer cannot come soon enough for the nine casinos in Atlantic City, as in-person play continues to lag behind 2024.

Atlantic City casino revenue iGaming sports betting
A man wearing headphones sits on a fence looking towards Atlantic City on May 6, 2025. April casino revenue for the nine casinos fell almost 3% compared with a year ago. (Image: Shutterstock)

On Friday, the New Jersey Division of Gaming Enforcement revealed that brick-and-mortar gross gaming revenue (GGR), or money kept by the casinos on their slot machines and table games, amounted to $211 million. That represented a 2.7% decline from April 2024, a difference of almost $5.9 million.

Table games powered down the month, as dealers kept less than $48.8 million of players’ bets, a year-over-year loss of roughly $9.3 million. Slot revenue was up 2.1% to $162.2 million.

Through the first four months of 2025, Atlantic City casino revenue is 2% lower than it was at this time last year. Casinos pocketed $17.5 million more money from retail gamblers from January to April 2024.

Oddsmakers Struggling, Too

Legacy casino gambling isn’t the gaming sector flailing in New Jersey’s commercial gaming industry, the second richest in the country behind only Nevada. Oddsmakers are generating considerably less revenue for the casinos and their third-party operators, as many Garden State bettors have pulled back their bets.

In 2024, New Jersey sports bettors risked almost $5.2 billion from January through April. In 2025, total bets for the four months amounted to $4.2 billion.

Whether that’s because bettors have grown frustrated with sportsbooks’ poor odds compared to offshore platforms and are migrating back to unregulated ops, if inflationary and economic pressures have reined in their betting, or responsible gaming messaging is finally resonating, could be culprits.

Sportsbooks won $90.5 million off sports bettors in April, a 15% drop, or $15.7 million. Year to date, oddsmakers’ win is down 18% to $357.6 million. Books won $76.6 million more at this point in 2024.

Unstoppable iGaming 

Atlantic City and sportsbooks labor, but the state’s many online casinos continue to prosper.

iGaming win, inclusive of online slots, table games, and poker rake, totaled $235.2 million, a surge of 25%. Online casino GGR was $47.2 million richer. Year to date, iGaming revenue is north of $908.4 million, up 21%, or over $157.7 million.

Summer Season 

Summer is Atlantic City’s busy season, as many visitors arrive from Philadelphia, North Jersey, and New York. The casino town thinks 2025 will be better than 2024, as beach restoration projects on the northern end of the Boardwalk have returned ample space for sunbathing.

James Plousis, who heads the New Jersey Casino Control Commission, says another draw for Atlantic City guests is the casinos’ thousands of workers who provide exceptional service.

Tourists who visit Atlantic City receive first-class service from dedicated workers in the casino hotels,” Plousis told Casino.org. “Last week, I attended the Casino Reinvestment Development Authority’s ‘Host Awards,’ which acknowledged team members who provide exemplary service and outstanding hospitality. The enthusiasm of that celebration was remarkable and it foreshadows a promising summer season.”

With New York set to soon decide where three multibillion-dollar casinos with slot machines, live dealer table games, and sports betting will operate, the next two or three summers are critical to Atlantic City establishing its ability to compete with the forthcoming properties that will surely keep some Atlantic City regulars closer to home.