“2025 Impact: Atlantic City Casino Industry,” a new report from The Lloyd D. Levenson Institute of Gaming, Hospitality & Tourism (LIGHT) at Stockton University – in collaboration with the Casino Association of New Jersey – presents 2025 as a year of contradictions for the Atlantic City casino industry.
While gross gaming revenue and the tax and fee contributions to the state and regional economy reached record highs, net revenue and gross operating profits remained essentially flat or even slightly below previous years.
Success in 2025 was marked by strong performance, despite significant challenges. Internet gaming continued to grow and evolve, while traditional gaming remained stable amid market disruptions and rising operating costs.
Looking ahead, the landscape may become even more competitive with the expansion of downstate New York casinos and renewed interest in North Jersey casino development in 2026. In response, the Atlantic City casino industry continues to invest in its properties, workforce and community – helping ensure the market remains competitive in an increasingly dynamic regional environment.
“Atlantic City’s gaming industry demonstrated resilience and momentum in 2025,” said Jane Bokunewicz, faculty director, LIGHT at Stockton University. “Record-setting growth in internet gaming generated vital tax revenue for programs supporting seniors and people with disabilities, while the return of major events brought renewed energy to the city’s economy.
“Even as traditional gaming remained flat and operators navigated rising costs, casinos continued to invest in new amenities and experiences — positioning Atlantic City for long-term growth and continued revitalization ahead of expanded competition in the region.”
The Atlantic City casino industry generated $1.1 billion in taxes and fees in 2025, marking a nearly 25% increase from 2024 following an 11% rise the year before. A significant share of these contributions came from internet gaming and mobile sports betting. A substantial portion of the taxes collected is directed to the Casino Revenue Fund (CRF).
In fiscal year 2025, the Atlantic City casinos made a record contribution of $661.7 million to the CRF, supporting programs for seniors and those with disabilities. The industry plays a critical role in funding essential social safety net programs in the Garden State.
Additionally, the Atlantic City casino industry continued a campaign of capital improvements, investing more than $1 billion over five years. Reinvestments in Atlantic City’s casino resort infrastructure included room renovations, expanded gaming spaces, and enhancements to culinary and entertainment offerings. They employed more than 22,000 people, two-thirds of whom are residents of Atlantic County.