Atlantic City Casino Gaming Revenue Maintains a Winning Streak Despite a September Cooldown

Discover the latest trends in Atlantic City casino gaming revenue. Lotus Asia examines the market's resilience and performance, even amidst seasonal shifts.

Key Highlights from September

• Atlantic City casinos reported total gaming revenues of over $230.7 million in September 2025.
• This amount represented a minimal gain of 0.1{6993caa5fb1aab1de46f5b43a835411dda8badf3aa9c6b754938f587e1f52746} compared to the same month in the previous year.
• Table game revenues increased by nearly 6{6993caa5fb1aab1de46f5b43a835411dda8badf3aa9c6b754938f587e1f52746}, amounting to $60.5 million.
• However, slot machine revenues decreased by 1.8{6993caa5fb1aab1de46f5b43a835411dda8badf3aa9c6b754938f587e1f52746}, considerably dampening overall GGR.

In-person gaming revenue showed a consistent increase over the previous months, marking a five-month winning streak. The months preceding September saw significant and encouraging GGR growth, with a reported 10.9{6993caa5fb1aab1de46f5b43a835411dda8badf3aa9c6b754938f587e1f52746} uptick in May, followed by 6.1{6993caa5fb1aab1de46f5b43a835411dda8badf3aa9c6b754938f587e1f52746} in June, 4.3{6993caa5fb1aab1de46f5b43a835411dda8badf3aa9c6b754938f587e1f52746} in July, and again 6.1{6993caa5fb1aab1de46f5b43a835411dda8badf3aa9c6b754938f587e1f52746} in August.

Mixed Results Among Casino Operators

While the overall health of the retail casino sector in Atlantic City appears robust, the increases in revenue were not universal. Notably, five casinos reported reductions in in-person GGR this September.

Only a handful of casinos, including others like Borgata, Hard Rock, Ocean, and Harrah’s, saw revenue growth this year. However, online gaming has been a saviour. The iGaming segment has witnessed considerable growth, generating additional revenue to counterbalance losses in the physical gaming space.

iGaming Performance

• September iGaming revenue soared by 17{6993caa5fb1aab1de46f5b43a835411dda8badf3aa9c6b754938f587e1f52746} year-over-year, reaching $243.1 million.
• Total GGR for New Jersey’s gaming industry exceeded $563.6 million.
• Online and retail sports betting contributed approximately $89.8 million to the overall gaming revenue.

“Atlantic City continued to benefit from the strength of online gaming in September. Our statewide internet gaming win helped total gaming revenue grow 1{6993caa5fb1aab1de46f5b43a835411dda8badf3aa9c6b754938f587e1f52746} compared to the same month last year, reaching its highest level for September in more than a decade,” said James Plousis, chair of the New Jersey Casino Control Commission.

Looking Ahead: The Shoulder Season

The shoulder season began in September, and Atlantic City is focusing on sustaining its recent momentum as it transitions into the cooler months ahead. Plousis expressed optimism regarding ongoing investments across the nine casinos, which they hope will bolster their operational success through the fall and winter.

In summary, while the cooldown in GGR suggests a need for adaptive strategies in the face of seasonal shifts, the overall trajectory remains positive thanks to online gaming’s sustained growth and revenue diversification across the gaming industry.