iGaming and mobile sportsbook income<\/a> is shared with third-party vendors.<\/p>\nEach Atlantic City casino enters into its own individual partnership terms with its iGaming and internet sportsbook providers. Some casino reps say as much as 70% of that revenue doesn’t stay with the actual casino but instead goes to the iGaming\/sportsbook firm.<\/p>\n
Jane Bokunewicz, director of Stockton University’s Lloyd D. Levenson Institute of Gaming, Hospitality, and Tourism, told the Associated Press <\/i>that increased iGaming doesn’t necessarily mean former land-based gamblers have migrated online permanently.<\/p>\n
“The relatively slow growth of brick-and-mortar gaming revenues compared to the increasing contribution of internet gaming to total revenue could potentially suggest a change in consumer behavior that doesn’t cannibalize in-person gaming, but includes significant internet gaming activity,” she said. “A decreased reliance on exclusively in-person gaming activity has the potential to keep the New Jersey casino industry competitive with its neighbors and make it more resilient to market disruptions that might potentially occur in the future.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Atlantic City casinos are continuing to recover from the COVID-19 pandemic, and business at most properties remains below 2019 numbers. Last week, the New Jersey Division of Gaming Enforcement (DGE) revealed through its August gaming revenue report that seven of the nine land-based casinos continue to experience reduced play compared to before the coronavirus hit. […]<\/p>\n","protected":false},"author":25,"featured_media":232846,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62],"tags":[25,82124,81871],"acf":[],"yoast_head":"\n
Most Atlantic City Casinos Operating Below Pre-Pandemic Levels<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n