New Jersey Governor Supports Expanding Casinos Beyond Atlantic City
New Jersey Gov. Phil Murphy has actually suggested that he would think about opening the gambling establishment gaming market beyond Atlantic City onto the central and northern parts of the Garden State. come in the middle of growing issue about increased competitors throughout the Hudson River in New York, where state legislators are looking to authorize up to 3 full-scale casinos in or near New York City.
New Jersey Governor Phil Murphy said he will think about broadening gambling beyond Atlantic City.
The move comes as a reaction to the potential competitive danger of 3 gambling establishments in the New york city City location.
Despite tally rejection in 2016, market forces continue to propel the state's casino expansion case.
When interviewed by The Press of Atlantic City, Gov. Murphy confessed to the prospective hazard this movement would position to Atlantic City's monetary health. However, he worried how significant it was to maintain video gaming and tourist dollars in New Jersey, particularly if New york city's brand-new gambling establishments would be appropriating a considerable percentage of the existing customer base.
Murphy called his position pragmatic and continued that New Jersey must be practical in a bid to maintain its market share under pressure from the outside.
Gov. Murphy was determined that whatever development did occur would need to be carefully kept an eye on for its more comprehensive economic impact. While Atlantic City has recently been revealing indications of a strong rebound, especially over the high summertime season, the guv was excited to protect its gains even as he sought to other parts of the state for new sources of income.
Although no official proposition exists, Gov. Murphy's willingness is a shift in tone from prior state policy. In 2016, New Jersey citizens rejected a ballot concern to permit casinos beyond Atlantic City by nearly four-to-one. Despite that defeat, the casino expansion case has continued to advance due to changing market forces and increasing competitors from surrounding states.
Atlantic City gambling establishments record greatest earnings growth in May
The Atlantic City casino market reported strong financial results for May as the city's 9 gambling establishments contributed $265.3 million in land-based gaming revenue. The reports suggest a 10.9% boost from May 2024 and a 20% gain from April 2025, the year's highest monthly performance.
Statewide total video gaming earnings in May for the retail gambling establishments, racetracks, and their internet partners combined was $614.7 million, 20.5% higher than its year-earlier equivalent. Internet gaming created $246.8 million, a 28.5% boost year over year and a state web gaming service record for the month.
Sports betting also increased in May, reaching $1 billion in wagers, which yielded $102.5 million in revenue, a 30.2% increase from May 2024.
New Jersey's gaming profits year-to-date through May amounted to $2.74 billion, a boost of 6.6% compared to in 2015. Overall, online video gaming is still somewhat ahead of retail gambling establishment income. Year-to-date iGaming profits is $1.16 billion and retail gambling establishment income is $1.12 billion.
May figures also suggest a better efficiency than before the pandemic. Casino earnings for May 2019 was $222.9 million, and in-person profits for May 2018 was $193.3 million.