December 2021

 

LIGHT Snapshots

 
December 2021
 

In LIGHT of the data.

Atlantic City鈥檚 casinos came into 2021 with nearly 6 months experience of operating under pandemic conditions. The health and safety protocols implemented in 2020 and refined throughout 2021 helped support a return to in-person play for casino patrons and improve brick-and-mortar gaming revenues especially in the third quarter. These protocols were not enough to wholly overcome the impacts of the pandemic, but succeeded in bringing year-end brick and mortar gaming revenues to within 5% of year-end 2019 totals.

Atlantic City鈥檚 casino industry, like the region鈥檚 gaming hospitality and tourism businesses overall, has proven resilient, but still vulnerable to fluctuations in COVID-19 infection rates and caseloads. In some months of 2021, like this past December, brick-and-mortar gaming revenues surpassed 2019 levels, in others revenues lingered behind.

Even as other sectors of the gaming business, internet gaming especially, show significant and steady revenue growth, coronavirus surges and waves like the Delta and Omicron variants continue to prove an obstacle to sustained recovery for Atlantic City鈥檚 brick-and-mortar casino operations. While months like December 2021 are encouraging they are not yet the norm. We likely will not see a full recovery of the industry until pandemic conditions stabilize. 

 

Atlantic City Gaming Win & Total Casino Revenue

Source:

Monthly Revenue (Industry, $ In Thousands)

December 2021

% Change from Prior Year December 2020 YTD December  2021 % Change from Prior Year YTD December 2020
Total Gaming Win (includes Internet & Sports Wagering) 369,506 34.1% 275,467  4,226,402 59.6% 2,647,683
Sports Wagering Revenue 24,474 -15.4% 28,943  305,017 83.4% 166,334
Internet Gaming Win 133,212 33.9%  99,450  1,366,891 40.9% 970,337
Casino Gaming Win 211,820 44.0% 147,074 2,554,493 n/a  1,511,012

 

Quarterly Revenue (Industry, $ In Thousands) Q3 2021 % Change from Prior Year Q3 2020 YTD September 30, 2021 % Change from Prior Year YTD September 30, 2020
Casino 505,871 35.6% 373,176 1,328,803

58.2%

840,047
Rooms

246,860

72.0% 143,490 482,556 100.1% 241,104
Food & Beverage 142,029 179.0% 50,900 296,682 91.8% 154,653
Entertainment & Other 73,271 102.5% 36,191 151,205 74.6% 86,604
Casino Licensees Total Revenue 968,031 60.3% 603,757 2,259,245 70.8% 1,322,408
 

Atlantic City Hotel Lodging

Source:

Casino Hotel Lodging Statistics
For the Period Ended
September 30, 2021 & 2020
Q3 2021 Q3 2020 YTD 2021 YTD 2020
Occupancy percentage 81.3% 72.9% 68.0% 70.6%
Average Daily Room Rate (ADR) $224.61 $159.11 $178.07 $144.89
Revenue Per Available Room (RevPAR)* $182.50 $116.02 $121.08 $102.36

* RevPAR= ADR X Occupancy Percentage


Atlantic City Statistical Transportation Data

Source:

Travel Mode October
2021
Change
from Prior
Year
October
2020
YTD
October
2021
Change
from Prior
Year
YTD October
2020