Atlantic City casinos posted a modest revenue gain in March, but the improvement was concentrated among just three properties while most of the market slipped.

0
1

ATLANTIC CITY, N.J. – Atlantic City casinos won $236.6 million from in‑person gamblers in March, a 2.5% increase from a year earlier, but only three of the city’s nine properties posted revenue gains, according to figures released by the New Jersey Division of Gaming Enforcement.

Borgata, Caesars, and Ocean Casino were the only operators to report higher gross gaming revenue (GGR) from slots and table games. The remaining six casinos — Bally’s, Golden Nugget, Hard Rock, Harrah’s, Resorts, and Tropicana — all saw declines in brick‑and‑mortar play.

James Plousis, chair of the New Jersey Casino Control Commission, said the results marked Atlantic City’s second‑strongest March for in‑person casino win since 2013, with first‑quarter performance ranking among the best in more than a decade.

Borgata continued to lead the market, generating $67.2 million in retail GGR — a 15.1% year‑over‑year increase. Hard Rock followed at $42.6 million, down 4.1% from March 2025.

Online Gambling, Sports Betting Drive Broader Growth

New Jersey’s iGaming and online sports wagering sectors again outpaced the land‑based market. Online casino revenue climbed 11.6% to $272 million, while sportsbooks held $87.6 million, a 22.8% jump from a year earlier.

Plousis said the combined strength of retail gaming, iGaming, and sports betting pushed statewide gaming revenue above $500 million for the 13th consecutive month. First‑quarter revenue surpassed $1.7 billion, the fastest pace of the decade.

The state collected nearly $95.6 million in gaming taxes in March, bringing year‑to‑date collections to more than $277 million. Much of that funding supports the Casino Revenue Fund, which finances programs for seniors and people with disabilities.

Online partnerships helped offset weak in‑person results for some operators. Golden Nugget and Resorts benefited from their affiliations with FanDuel and DraftKings, respectively. FanDuel’s iGaming platform generated $62.6 million in March, while DraftKings reported $48.2 million. FanDuel also led online sportsbook revenue at $32.1 million, followed by DraftKings at $22.3 million.

Outlook

Atlantic City’s casino industry remains stable for now. Eight of the nine casinos posted positive operating results in 2025, with Borgata alone accounting for $237.4 million of the city’s $665.4 million in profits. But long‑term competitive pressure looms: three full‑scale casinos planned for New York City are expected to open around 2030, prompting Atlantic City operators to continue investing in amenities and property upgrades to maintain regional appeal.