The proposed changes could reduce what the casinos have to pay by about $55 million, according to the Associated Press. Monday, the state legislature is set to vote on altering a state law that could change how much money the casinos have to give Atlantic City and the county instead of paying property taxes. The nine casinos reportedly won about $440 million in November, a 52 percent increase from November 2020, though the casinos are using 2019 as a more relevant comparison point since the pandemic forced months of closures and capacity limits when they were allowed to reopen.Įven with in-person gambling down just over five percent from 2019 levels, the state's casinos have won $4.3 billion through November, 34 percent higher than the same time frame in 2019 and a 69 percent increase from 2020. Data released Thursday by New Jersey's Division of Gaming Enforcement reports massive growth in casino winnings compared to last year and 2019, as the state's legislature is set to consider new tax breaks for the casinos in the coming days.
