Not only did New Jersey have retail sportsbooks, but digital ones as well, tied to Atlantic City casinos or the racetracks. In 2018, the Supreme Court overturned the ban on sports wagering and New Jersey had yet another source of income and this source included sports betting at the three racetracks. In 2013, online gaming debuted in Atlantic City and has proven to be a bigger hit than sports betting, with revenues tied to individual casinos. In 2006, Meadowlands revenues were the result of horse racing alone. The former Golden Nugget, then operating as the Atlantic Club and a year later, Trump Taj Mahal closed its doors. Trump Plaza, far beyond the ownership of Donald Trump, shut down. The Showboat, owned by Caesars Entertainment, was shuttered. By 2014, several casinos reached the end of the road. The 12 casinos in play in 2006 fell to 7 by 2020, the result of fierce competition from Pennsylvania. began as one by one casinos opened up across its borders with the Delaware River. But for some reason, Delaware didn’t seem to be much in the way of real competition.īy 2007, the slide in A.C. In 2006, when New Jersey gaming entities last crossed $5.2 billion, casinos in Pennsylvania had not yet launched, so Atlantic City had the market east of Las Vegas sewed up-outside of Delaware, of course. New Jersey reached a milestone for 2022 when it brought in $5.21 billion in gambling revenue, equaling the state’s previous high reached in 2006, according to the Associated Press.

Atlantic city gambling revenues