Atlantic City casinos report finest summer time in additional than a decade | Casinos & Gaming

Atlantic City casinos loved their finest summer time in additional than a decade, in response to state gaming regulators.

In-person playing income reported by Atlantic City’s 9 casinos exceeded $855 million for the months of June, July and August, a rise of greater than 5.5 p.c over the identical three months in 2024. Year-to-date, town’s casinos have received over $1.97 billion from in-person gamblers, practically 3 p.c forward of final 12 months’s tempo, in response to information from the New Jersey Division of Gaming Enforcement.

When on-line on line casino and sports activities wagering are added, New Jersey’s gaming business has generated greater than $4.56 billion of income in 2025, a virtually 10 p.c year-over-year improve.

“Atlantic City finished the summer strongly in August,” stated N.J. Casino Control Commission Chairman James Plousis in a press release. “Competitive gaming options and first-class in-person experiences provided a memorable summer in Atlantic City, and it is well-positioned for continued momentum in the fall season.”

Atlantic City’s constructive momentum is encouraging for on line casino operators within the East Coast playing mecca, who will quickly face elevated competitors from a trio of New York City-area casinos. The improve in in-person gaming income is a bonus since on-line casinos had been matching or exceeding retail manufacturing in 2025.

“August 2025’s monthly gross gaming revenues came as a breath of fresh air for Atlantic City’s casino operators,” stated Jane Bokunewicz, college director of the Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism at Stockton University (N.J.). “Early this year, concern was raised when internet gaming revenues exceeded brick-and-mortar. The peak summer season in Atlantic City seems to have reversed that trend.”

Wall Street analysts say be affected person with Caesars Entertainment inventory

Caesars Entertainment began the week on a bitter observe, falling out of the S&P 500 at Monday’s open. The inventory is buying and selling close to a five-year low, with quick curiosity climbing to its highest degree in as a few years.

That has traders questioning if administration ought to take huge swings to unlock worth. A brand new J.P. Morgan observe lays out three choices: spin off Caesars’ digital enterprise, unload its actual property and lease it again, or just keep the course.

The first two strikes, J.P. Morgan’s analysts stated, may present a short-term enhance however include long-term prices. A digital spin would strip Caesars of its fastest-growing division, whereas a full sale-leaseback would pile on hire obligations that might restrict upside.

Instead, J.P. Morgan argues Caesars ought to maintain it easy and use the $3 billion in money the corporate is predicted to generate by means of 2027 to pay down debt and purchase again shares.

“(Caesars Entertainment) should stay the course,” the analysts wrote. “Financial engineering is not a substitute for execution, and we do not see any obvious, overly compelling strategic option that would be in the best long-term interest of the company and shareholders.”

MGM Osaka

The price ticket for MGM Resorts International’s MGM Osaka undertaking in Japan has ballooned to greater than $10.24 billion.

Osaka’s prefectural authorities final week stated MGM, partnering with Japan’s Orix Corp., now has an fairness dedication of greater than $2.9 billion and now controls a 44 p.c stake within the undertaking up from the earlier 41 p.c.

The authorities stated the rise was resulting from rising prices of constructing supplies and labor.

Ground was damaged on the MGM Osaka undertaking in April with completion anticipated in summer time 2030 with a fall 2030 opening.