2021 Marks A Year of Modest Growth for Atlantic City Amid the Ongoing COVID-19 Pandemic

ATLANTIC CITY, N.J., Jan. 15, 2022 /PRNewswire/ -- The Casino Association of New Jersey (CANJ) announced today that Atlantic City saw a year of modest growth amid the ongoing COVID-19 pandemic, according to the December 2021 Division of Gaming Enforcement (DGE) gaming revenue results report.
2021 Marks A Year of Modest Growth for Atlantic City Amid the Ongoing COVID-19 Pandemic
"Throughout 2021, the Atlantic City casino industry and its many great employees worked diligently to rebuild and recover from the COVID-19 pandemic. While the COVID-19 pandemic continues to impact our industry in the New Year, our outlook remains cautiously optimistic for the upcoming year, as we saw increases from 2020 to 2021, and we anticipate the same for 2022," said Joe Lupo, president of the Casino Association of New Jersey. Atlantic City continued to experience the challenging impact of the COVID-19 pandemic in the last quarter of 2021 as the country experienced a new surge, which has continued in 2022. Overall, the land-based casino industry saw a 5 percent decline in revenue in 2021 compared to 2019, which underscores the fact that land-based casinos have not recovered to pre-COVID levels. Despite the pandemic, the Atlantic City casino industry generated nearly $422 million in total state tax revenue from gaming operations in 2021, reinforcing the vital role the industry plays across the state, providing a growing labor market that supports and sustains the local region. Online revenue continued to show positive increases through 2021. While primarily third-party affiliated companies generated those wagers as opposed to operators of Atlantic City's land-based casinos, online gaming revenue continues to produce very meaningful tax funding for the City of Atlantic City, Atlantic County, and the State of New Jersey.
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