Atlantic City’s casinos have been on a route toward balance in advance of COVID-19 arrived at New Jersey and set the famed vacation resort town into however an additional downward economical spiral.
A few months of forced closures. A 10 p.m. curfew at odds with the late-night DNA of the casinos. Upscale dinners consigned to space-service-only.
And there are nevertheless capacity boundaries crushing main factors of their enterprise model, this kind of as web hosting conventions and dwell performances.
The casinos, though, have benefited from just about $1 billion in on the web bets in December on your own.
In simple fact, on-line gaming and athletics betting pulled in additional than $6 billion in 2020, a responsible revenue stream even in a pandemic that propped up the sagging base strains of casinos.
“Without on line gaming, it would be a overall catastrophe,” reported Jim Kennedy, a previous government director of