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Despite ongoing challenges in the gaming environment, the Atlantic City casino industry continues to power the regional economy by supporting jobs, growth, and investment, serving as a vital community partner, according to the third annual report released by the Lloyd D. Levenson Institute of Gaming, Hospitality & Tourism at Stockton University in collaboration with the Casino Association of New Jersey (CANJ).
Atlantic City’s casino industry generated $1.1 billion in taxes and fees in 2025, a 24.8% increase from $883.2 million in 2024. The report, titled “2025 Impact: Atlantic City Casino Industry,” notes that the industry made a record $661.7 million contribution to the Casino Revenue Fund in Fiscal Year 2025, supporting programs for seniors and individuals with disabilities.
The contribution included $590 million toward housing for people with developmental disabilities, $16 million for community-based programs for seniors, $5 million for pharmaceutical assistance, and $4 million for personal assistance.
The industry recorded $3.29 billion in total net revenue in 2025, mostly unchanged from $3.31 billion in 2024 and $3.33 billion in 2023. This included $1.74 billion in net non-gaming revenue and $1.67 billion in net gaming revenue. However, gross operating profit declined for the third consecutive year, falling 3.9% from 2024 and 16.3% from the near-term peak of $814.2 million in 2022.
“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.”
Jane Bokunewicz, Faculty Director, LIGHT at Stockton University
“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.”
Internet gaming and mobile sports betting accounted for a significant share of tax and fee growth, while traditional gaming remained stable amid rising operating costs and market disruption. The report also noted possible future competition from downstate New York casinos and renewed interest in North Jersey casino development in 2026.
Atlantic City casinos employed 22,500 New Jersey residents in 2025, including 14,500 Atlantic County residents and 4,600 Atlantic City residents. The industry also spent $634 million on goods and services purchased from New Jersey vendors, including $373.9 million in Atlantic County.
Operators spent $195.6 million on capital expenditure during the year, with investments in resort infrastructure, culinary and entertainment offerings, room renovations, and gaming spaces. Over 2021-2025, capital spending exceeded $1.2 billion.
Atlantic City welcomed about 17.6 million visitors in 2025, down 2.6% from 2024 but in line with post-pandemic trends.
CANJ President George Goldhoff
“This new report highlights the vital role Atlantic City casinos’ taxes and fees play in supporting New Jersey’s social safety net programs, as well as the state and local economy through the jobs we provide and the goods and services we purchase from vendors in Atlantic County and statewide,” said CANJ President George Goldhoff.
“It also underscores our commitment to community investment through initiatives such as Casinos United Against Hunger, which helps address affordability challenges facing our residents.”
The report said Atlantic City’s nine casinos donated more than $3.1 million in 2025, including over $2 million in charitable giving and more than $650,000 in in-kind giving, grants, and sponsorships, while recording over 10,500 volunteer hours involving nearly 1,200 volunteers.