New Jersey Governor Supports Expanding Casinos Beyond Atlantic City
New Jersey Gov. Phil Murphy has actually shown that he would consider opening the gambling establishment video gaming market beyond Atlantic City onto the central and northern parts of the Garden State. Murphy's remarks come in the middle of growing issue about increased competitors throughout the Hudson River in New York City, where state lawmakers are seeking to approve up to three full-blown gambling establishments in or near New York City.
New Jersey Governor Phil Murphy said he will consider expanding betting beyond Atlantic City.
The relocation comes as a response to the prospective competitive danger of three casinos in the New York City area.
Despite ballot rejection in 2016, market forces continue to propel the state's casino expansion case.
When spoken with by The Press of Atlantic City, Gov. Murphy confessed to the prospective hazard this motion would posture to Atlantic City's health. However, he stressed how significant it was to keep gaming and tourist dollars in New Jersey, specifically if New york city's new casinos would be appropriating a substantial portion of the existing consumer base.
Murphy called his position pragmatic and continued that New Jersey need to be pragmatic in a quote to retain its market share under pressure from the outside.
Gov. Murphy was adamant that whatever development did take place would have to be carefully monitored for its wider financial impact. While Atlantic City has actually recently been showing signs of a strong rebound, particularly over the high summer season, the governor was excited to protect its gains even as he looked to other parts of the state for brand-new sources of earnings.
Although no main proposition exists, Gov. Murphy's determination is a shift in tone from previous state policy. In 2016, New Jersey citizens turned down a ballot concern to enable casinos outside of 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 competition from surrounding states.
Atlantic City casinos record greatest income development in May
The Atlantic City casino market reported strong monetary outcomes for May as the city's nine gambling establishments contributed $265.3 million in land-based video gaming income. The reports show a 10.9% boost from May 2024 and a 20% gain from April 2025, the year's greatest monthly efficiency.
Statewide total gaming revenue in May for the retail casinos, racetracks, and their internet partners integrated was $614.7 million, 20.5% higher than its year-earlier equivalent. Internet gaming generated $246.8 million, a 28.5% increase year over year and a state web gaming organization record for the month.
Sports wagering also increased in May, reaching $1 billion in wagers, which yielded $102.5 million in profits, a 30.2% boost from May 2024.
New Jersey's gaming income year-to-date through May totaled up to $2.74 billion, an increase of 6.6% compared to last year. Overall, online gaming is still slightly ahead of retail casino income. Year-to-date iGaming revenue is $1.16 billion and retail gambling establishment revenue is $1.12 billion.
May figures also indicate a much better performance than before the pandemic. Casino income for May 2019 was $222.9 million, and in-person revenue for May 2018 was $193.3 million.