Atlantic City Casino Posted a Nine-Point Drop During the Second Quarter

For the first time in New Jersey gambling history, the quarterly financial reports from the gaming industry had no physical income.

According to data released by the New Jersey Division of Gaming Enforcement, nine Atlantic City casinos reported a 170.4 percent year-over-year decline during the second quarter of 2020. Licensee reported net income of only $ 121.4 million, for a total loss of $ 112 million. for a period of three months.

Governor Phil Murphy refugee industry to close in mid-March in response to the COVID -19 pandemic, and the harm it poses to his country by connecting with one of the major virus hotspots, New York City visit lapak303.

Murphy took one of the most stringent approaches of any governor in the country with the influx closed for nearly four months. He permits them to reopen July 2 with limited capacity and without indoor dining, smoking and drinking, resulting in losses for nearly every operator in the state.

Of all operators, only Golden Nugget Atlantic City reported a profit in the second quarter. The casino owned by Tilman Fertitta can vote for its online gambling for its total profit, as this is the only gambling available to Taman Negara residents during brick and mortar closures.