October 2020 Snapshots
In LIGHT of the data.
Land-based Casino Win, was down $16.1 million for the month of October year-over-year, which represents a decline of 8%. While disappointing, -8.0% is an improvement over September (down 15.1% YOY) and August (down 30.5% YOY) and suggestive of a slow recovery in this important sector which, even suppressed, represented over 60% of total gaming revenue for the month.
Notable growth in internet gaming (106.7%) and sports betting (30.9%) continue to buoy total gaming revenue which finished the month 14.2% ahead of October 2019, and further closed the gap in year-to-date revenues, down 30.6% year-to-date in August, down 26.7% in September, and now down 22.7% in October.
However, online forms of gaming should not be considered a substitute for land-based gaming in terms of overall recovery for the industry. Without guests on property, Atlantic City鈥檚 casinos are limited in their ability to leverage non-gaming amenities which limits their ability to put more employees back to work.
With two months left in the calendar year it is unlikely that 2020 will meet or exceed 2019鈥檚 recent high for annual total casino industry gaming revenue $3.29 billion, but at $2.1 billion to date, it may at least meet or exceed 2015鈥檚 recent low of $2.56 billion.
Atlantic City Gaming Win & Total Casino Revenue
Source: N.J. Division of Gaming Enforcement
Monthly Revenue | October 2020 | % Change from Prior Year | October 2019 | YTD October 2020 | % Change from Prior Year | YTD October 2019 |
---|---|---|---|---|---|---|
Total Gaming Win (includes Internet & Sports Wagering) | $304,123 | 14.2% | $266,229 | $2,112,865 | -22.7% | $2,733,962 |
Sports Wagering Revenue | $24,561 | 30.9% | $18,757 | $114,918 | 20.1% | $95,689 |
Internet Gaming Win | $93,451 | 106.7% | $45,214 | $779,060 | 102.8% | $384,229 |
Casino Gaming Win | $186,111 | -8.0% | $202,257 | $1,218,887 | -45.9% | $2,254,043 |
Quarterly Revenue (Industry, $ In Thousands) | Q2 2020 | % Change from Prior Year | Q2 2019 | YTD June 30, 2020 | % Change from Prior Year | YTD June 30, 2019 |
---|---|---|---|---|---|---|
Casino | $111,593 | -74.22% | $432,860 | $466,871 | -43.43% | $825,262 |
Rooms | $37 | -99.98% | $156,752 | $97,614 | -65.10% | $279,713 |
Food & Beverage | $73 | -99.95% | $144,753 | $103,739 | -62.25% | $274,786 |
Entertainment & Other | $9,715 | -84.44% | $62,437 | $48,844 | -57.01% | $113,604 |
Casino Licensees Total Revenue | $121,418 | -84.76% | $796,802 | 717,041 | -51.98% | $1,493,364 |
Atlantic City Hotel Lodging
Source: N.J. Division of Gaming Enforcement
Casino Hotel Lodging Statistics For the Period Ended June 30, 2020 |
Q2 2020 | Q2 2019 | YTD 2020 | YTD 2019 |
---|---|---|---|---|
Occupancy percentage | n/a | n/a | n/a | n/a |
Average Daily Room Rate (ADR) | n/a | n/a | n/a | n/a |
Revenue Per Available Room (RevPAR)* | n/a | n/a | n/a | n/a |
* RevPAR= ADR X Occupancy Percentage
[As Atlantic City鈥檚 casino hotels were closed for the months of April, May and June there is no data available]
Atlantic City Statistical Transportation Data
Source: South Jersey Transportation Authority
Travel Mode | September 2020 |
Change from Prior Year |
September 2019 |
YTD September 2020 |
Change from Prior Year |
YTD September 2019 |
---|---|---|---|---|---|---|
AC Expressway | ||||||
Total Toll-Paying Traffic Pleasantville Toll Plaza |
1,466,344 | -15.0% | 1,725,091 | 10,881,915 | -29.0% | 15,315,896 |
AC Airport | ||||||
Scheduled Service Passengers | 12,861 | -80.0% | 64,263 | 337,615 | -56.7% | 779,010 |
Charter Passengers | 2,518 | -68.7% | 8,031 | 22,684 | -70.6% | 77,260 |
Total Air Passengers | 15,379 | -78.7% | 72,294 | 360,299 | -57.9% | 856,270 |
Atlantic City Meetings and Conventions Data
Source: MeetAC
Oct '20 | Oct '19 | % Change from Prior Year |
TOTAL 2020 YTD |
TOTAL 2019 YTD |
% Change from Prior Year |
|
---|---|---|---|---|---|---|
Conventions/Tradeshows/Meetings | ||||||
# of Shows | 1 | 8 | -88% | 20 | 73 | -73% |
# of Room Nights | 0 | 24,545 | -100% | 68,752 | 210,995 | -67% |
# of Delegates | 30 | 26,143 | -100% | 145,199 | 340,755 | -57% |
Delegate Spending | $4,904 | $13,755,734 | -100% | $75,644,362 | $193,252,980 | -61% |
Boardwalk Hall Bookings | ||||||
# of Shows | 0 | 5 | -100% | 11 | 49 | -78% |
# of Attendees | 0 | 61,209 | -100% | 129,722 | 300,035 | -57% |
Hotel Bookings | ||||||
# of Shows | 2 | 18 | -89% | 42 | 148 | -72% |
# of Room Nights | 1,941 | 10,315 | -81% | 30,390 | 110,612 | -73% |
# of Attendees | 2,700 | 8,598 | -69% | 46,200 | 114,600 | -60% |
Delegate Spending | $1,024,363 | $4,952,930 | -79% | $24,624,740 | $80,910,274 | -70% |
Monthly Totals | ||||||
# Convs_Trade_Mtgs / Boardwalk Hall / Hotel | 3 | 31 | -90% | 73 | 228 | -68% |
# of Room Nights | 1,941 | 34,860 | -94% | 99,142 | 321,607 | -69% |
# of Attendees | 2,730 | 95,950 | -97% | 321,121 | 519,609 |