October 2021
In LIGHT of the data.
The October 2021 numbers from the DGE show the continuation of a positive trend with indications that gains in recent months will be lasting.
Sports betting revenue at 7%, and internet gaming revenue at 32% of total gaming revenue for the state ($393 million) have made significant contributions to the growth of gaming revenue statewide.
Sports betting in particular has swelled with the start of the NFL season and realized another month of over $1 billion in handle – exceeding September 2021 ($1.01 billion) with $1.3 billion for the month.
October 2021’s record sports wagering handle proves that September was not a ‘flash in the pan’ but rather the first sign of a new level of sports betting participation – at least during the NFL season.
Atlantic City’s casinos generated more total gaming revenue in the month of October 2021 ($393.1 million) than in October 2020 ($304.12 million) and October 2019 ($266.23 million) two of the best Octobers in recent history.
Brick and Mortar casino gaming revenue ($237.5 million) declined slightly from September 2021 ($248.52 million) which reflects a typical seasonal drop off for the Atlantic City market, but bested 9 of the past 10 Octobers including 2019 ($202.3 million).
Atlantic City’s improvement in Brick and Mortar gaming revenue over October 2019 is on par with a post-Covid recovery that has been experienced in most other U.S. gaming jurisdictions. Customers’ eagerness to return to in-person gaming and entertainment experiences along with the addition of more entertainment options, as restrictions have been lifted, contributed to another positive month in the resort.
Atlantic City Gaming Win & Total Casino Revenue
Source:
| Monthly Revenue (Industry, $ In Thousands) |
October 2021 |
% Change from Prior Year | October 2020 | YTD October 2021 | % Change from Prior Year | YTD October 2020 |
|---|---|---|---|---|---|---|
| Total Gaming Win (includes Internet & Sports Wagering) | 393,086 | 29.3% | 304,125 | 3,494,572 | 65.4% | 2,112,867 |
| Sports Wagering Revenue | 28,541 | 16.2% | 24,563 | 243,060 | 111.5% | 114,920 |
| Internet Gaming Win | 127,002 | 35.9% | 93,451 | 1,115,726 | 43.2% | 779,060 |
| Casino Gaming Win | 237,544 | 27.6% | 186,111 | 2,135,786 | N/A | 1,218,887 |
| Quarterly Revenue (Industry, $ In Thousands) | Q2 2021 | % Change from Prior Year | Q2 2020 | YTD June 30, 2021 | % Change from Prior Year | YTD June 30, 2020 |
|---|---|---|---|---|---|---|
| Casino | 445,781 | 299.5% |
111,593 |
822,932 | 76.3% | 466,871 |
| Rooms | 145,472 | n/a | 37 | 235,696 | 141.5% | 97,614 |
| Food & Beverage | 90,933 | n/a | 73 | 154,653 | 49.1% | 103,753 |
| Entertainment & Other | 44,340 | 356.4% | 9,715 | 77,934 | 54.7% | 50,413 |
| Casino Licensees Total Revenue | 726,526 | 498.4% | 121,418 | 1,291,215 | 79.7% | 718,651 |
Atlantic City Hotel Lodging
Source:
| Casino Hotel Lodging Statistics For the Period Ended June 30, 2021 & 2019 |
Q2 2021 | Q2 2019 | YTD 2021 | YTD 2019 |
|---|---|---|---|---|
| Occupancy percentage | 70.0% | 81.5% | 61.2% | 77.1% |
| Average Daily Room Rate (ADR) | $158.00 | $139.76 | $146.32 | $134.37 |
| Revenue Per Available Room (RevPAR)* | $110.60 | $113.90 | $89.55 | $103.60 |
* RevPAR= ADR X Occupancy Percentage
Atlantic City Statistical Transportation Data
Source:
| Travel Mode | September 2021 |
Change from Prior Year |
September 2020 |
YTD September 2021 |
Change from Prior Year |
YTD September 2020 |
|---|---|---|---|---|---|---|
| AC Expressway | ||||||
| Total Toll-Paying Traffic Pleasantville Toll Plaza |
1,686,751 | 15.0% | 1,466,344 | 13,225,944 | 21.5% | 10,881,898 |
| AC Airport | ||||||
| Scheduled Service Passengers | 59,300 | 361.1% | 12,861 | 595,945 | 76.5% | 337,615 |
| Charter Passengers | 10,949 | 334.8% | 2,518 | 45,033 | 98.5% | 22,684 |
| Total Air Passengers | 70,249 | 356.8% | 15,379 | 640,978 | 77.9% | 360,299 |
Atlantic City Meetings and Conventions Data
Source:
| October '21 | October '20 | % Change from Prior Year |
TOTAL 2021 YTD |
TOTAL 2020 YTD |
% Change from Prior Year |
|
|---|---|---|---|---|---|---|
| Conventions/Tradeshows/Meetings* | ||||||
| # of Shows | 6 | 1 | 500% | 24 | 23 | 4% |
| # of Room Nights | 5,199 | 0 | N/A | 22,437 | 72,188 | -69% |
| # of Delegates | 11,589 | 30 | 38530% | 73,978 | 217,217 | -66% |
| Delegate Spending | $4,308,968 | $4,904 | 87766% | $19,592,141 | $56,795,304 | -66% |
| Boardwalk Hall Bookings | ||||||
| # of Shows | 3 | 0 | N/A | 3 | 11 | -73% |
| # of Attendees | 34,915 | 0 | N/A | 34,915 | 129,722 | -73% |
| Hotel Bookings | ||||||
| # of Shows | 14 | 2 | 600% | 97 | 40 | 143% |
| # of Room Nights | 15,187 | 1,941 | 682% | 91,173 | 27,730 | 229% |
| # of Attendees** | 13,445 | 2,700 | 398% | 120,942 | 41,700 | 190% |
| Delegate Spending | $7,596,454 | $1,024,363 | 642% | $52,612,323 | $15,887,942 | 231% |
| Monthly Totals | ||||||
| # Convs_Trade_Mtgs / Boardwalk Hall / Hotel | 23 | 3 | 667% | 124 | 74 | 68% |
| # of Room Nights | 20,386 | 1,941 | 950% | 113,610 | 99,918 | 14% |
| # of Attendees | 59,949 | 2,730 | 2096% | 229,835 | 388,639 | -41% |
| Delegate Spending | $11,905,422 | $1,029,267 | ||||