Atlantic City casino analysis emphasizes tax benefits and continued investment despite industry hurdles


In spite of ongoing challenges within the gaming landscape, the Atlantic City casino sector continues to invigorate the local economy by fostering jobs, growth, and investments, serving as an essential community ally, as per the third annual review published by the Lloyd D. Levenson Institute of Gaming, Hospitality & Tourism at Stockton University in partnership with the Casino Association of New Jersey (CANJ).

Atlantic City’s gaming industry contributed a staggering $1.1 billion in taxes and fees in 2025, marking a notable 24.8% rise from $883.2 million in 2024. The report, titled “2025 Impact: Atlantic City Casino Industry,” reveals that the sector’s contribution to the Casino Revenue Fund reached an unprecedented $661.7 million in Fiscal Year 2025, funding critical programs for seniors and individuals with disabilities.

This contribution allocated $590 million towards housing for individuals with developmental disabilities, $16 million for community support programs for seniors, $5 million for prescription assistance, and $4 million for personal assistance.

In 2025, the industry reported a total net revenue of $3.29 billion, showing slight variation from $3.31 billion in 2024 and $3.33 billion in 2023. This sum consisted of $1.74 billion in net non-gaming revenue alongside $1.67 billion in net gaming revenue. Nevertheless, gross operating profit saw a decline for the third consecutive year, dropping 3.9% from 2024 and 16.3% from a recent high of $814.2 million in 2022.

“The Atlantic City gaming sector showcased resilience and progress in 2025,” stated Jane Bokunewicz, Faculty Director, LIGHT at Stockton University. “Record growth in online gaming produced essential tax revenue for programs aiding seniors and those with disabilities, while the resurgence of significant events revitalized the city’s economic landscape.”

Jane Bokunewicz

 Jane Bokunewicz, Faculty Director, LIGHT at Stockton University

“Despite traditional gaming remaining stagnant and operators grappling with increasing expenses, casinos persevered in investing in fresh amenities and experiences—setting Atlantic City up for sustained growth and revitalization in light of heightened competition in the region.”

Internet gaming and mobile sports betting significantly contributed to the elevation of tax revenue, while traditional gaming remained stable amidst escalating operational costs and market turbulence. The report also underscored potential competition from downstate New York casinos and renewed interest in North Jersey casino developments anticipated for 2026.

In 2025, Atlantic City casinos provided employment for 22,500 New Jersey residents, with 14,500 residing in Atlantic County and 4,600 within Atlantic City itself. The sector also expended $634 million on goods and services acquired from New Jersey vendors, including $373.9 million within Atlantic County.

Casinos invested $195.6 million in capital expenditures during the year, focusing on resort infrastructure, dining and entertainment upgrades, room refurbishments, and gaming areas. From 2021 to 2025, total capital investments surpassed $1.2 billion.

Atlantic City attracted around 17.6 million visitors in 2025, reflecting a 2.6% decrease compared to 2024, yet aligning with post-pandemic trends.

George Goldhoff

CANJ President George Goldhoff

This new report elucidates the crucial role that Atlantic City casinos’ taxes and fees play in sustaining New Jersey’s social safety net programs, as well as supporting the state and local economy by generating jobs and procuring goods and services from vendors throughout Atlantic County and beyond,” remarked CANJ President George Goldhoff.

It also highlights our dedication to community support through initiatives like Casinos United Against Hunger, aimed at addressing the affordability difficulties confronting our residents.”

The report indicates that Atlantic City’s nine casinos donated over $3.1 million in 2025, including more than $2 million for charitable contributions and over $650,000 in in-kind donations, grants, and sponsorships, while logging over 10,500 volunteer hours with nearly 1,200 volunteers involved.



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