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60°
Saturday, sep 7
Tag:
Tropicana
Sports
NJ Sports Betting Nears $1B Monthly Record
There's a silver lining during the coronavirus for sports bookies and online casino betting who neared a record $1 billion in legal gambling in November, analysts said. Year-over-year growth in New Jersey has been striking for what is now the nation’s largest sports betting market. New Jersey became the first state in history to post a sports betting wagers of more than $900 million, as the Garden State’s online and retail sportsbooks put the first $1 billion month clearly in their sights in November, according to analysts for PlayNJ. “Even if New Jersey can’t quite reach $1 billion …
Police & Fire
3 Stabbed On Atlantic City Casino Floor
Three men were stabbed during a melee that broke out on an Atlantic City casino floor. Four men including one of the stabbing victims were in custody following the 3 a.m. incident at Tropicana, New Jersey State Police Trooper Alejandro Goez said. Tropicana Assistant Vice President of Marketing Terri Lutz declined comment to the Press of Atlantic City due to an ongoing investigation. All three victims were transported to AtlantiCare Regional Medical Center, City Campus, authorities said. The four arrested were Jabari Cummings, 30, and Tyevon Walker, 22, both of Brooklyn, NY; Delroy Mc…
Business
The House Gets Lucky: Atlantic City Casinos Reopen As Coronavirus Wanes
No smoking. No drinking. No indoor dining. Well, at least there is gambling. After closing in mid-March due to the coronavirus, Atlantic City's nine casinos will start reopening this week. It's only the fifth time in the 42-year history of legalized gambling in Atlantic City casinos were shuttered due to a crisis -- and the longest shutdown. The city's casinos were ordered closed March 16 by Gov. Phil Murphy as part of vast restrictions on businesses to stop the spread of the coronavirus. A gradual reopening that begins Thursday retains severe limits on socializing,: Casinos c…
Business
Atlantic City Casinos Take $200M Nosedive Amid
Covid-
19 Crisis
Coronavirus spelled bad luck for Atlantic City's casinos. Closed by the COVID-19 epidemic on March 16, the Garden State's gambling hub took in about 69 percent less money in April 2020 than last April -- bolstered only by a more than doubling in internet betting proceeds. All totaled, casino revenue fell by nearly $200 million last month from a year ago. The silver lining was that online gambling revenues rose by nearly 120 percent year-to-year, collecting an additional $43 million. According to the state Division of Gaming Enforcement, the city's nine seaside resorts collected about…