While NJ was busy, Nevada missed the boat when it came to online gambling. Faced with a 60% decline, Atlantic City operators have had to become inventive to stay afloat. And over the past two years, New Jersey gaming revenues continue to increase year-to-year, while Nevada’s revenues are down over the past year. That same month, two resorts opened on the Boardwalk. New Jersey’s Atlantic City has rebounded from its low point, while the Las Vegas Strip has seen a decline in revenues since June 2018. Las Vegas has 104 vibrant and lucrative casinos, while financial analysts speculated that Atlantic City’s 9 casinos might be too many.Ī new picture is emerging in the three years since. The AC casino sector fell from $5.4 billion in revenues in 2006 to $2.1 billion in revenues by 2015. ![]() A 1988 law allowed tribal gaming to end Atlantic City’s east coast casino monopoly, which in turn led to a vast expansion of commercial casinos and racinos on the eastern seaboard. In the decades since, however, Atlantic City fell to a distant second among US gaming destinations. The Background For Nevada and New Jersey Gambling
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