DraftKings Sportsbook at the Resorts Casino in Atlantic City Adding Slot Machines

    DraftKings Sportsbook At The Resorts Casino In Atlantic City Adding Slot Machines
    Article by : Erik Gibbs Jul 23, 2024

    In a bid to enhance its gaming offerings, Resorts Casino Hotel in Atlantic City has announced the addition of approximately 20 new slot machines and over half a dozen electronic table games to its DraftKings Sportsbook.

    The new slot machines will accept bets starting from $10. In addition to the new slots, players can also look forward to enjoying new electronic table games such as Blackjack, Roulette, and Craps.

    In a further effort to diversify its gaming options, Resorts Casino Hotel has introduced a new progressive jackpot, Cashspin Ultra. This exclusive Resorts Casino offering is available across two dozen table games and is accompanied by a side bet progressive jackpot that Resorts added to Blazing 7’s Blackjack.

    These additions come at a time when the casino is facing a decline in sports betting revenue. According to the latest figures released by the New Jersey Division of Gaming Enforcement, Resorts’ physical DraftKings Sportsbook saw a 34% decline in sports betting revenue in June.

    While the decline in sports betting revenue at Resorts Casino Hotel’s DraftKings Sportsbook is notable, it’s important to consider it in the context of the casino’s overall financial performance.

    Resorts Casino Hotel has demonstrated robust financial growth over the years. According to data from Zippia, the casino’s annual revenue stands at a substantial $13.1 billion. Furthermore, the casino has experienced a significant revenue growth of 881.91% from 1999 to 2022.

    However, the specific impact of the decline in sports betting revenue on the casino’s overall financial performance isn’t explicitly stated in the available data. It’s worth noting that sports betting is just one of many revenue streams for a casino, and the performance of other areas, such as slot machines, table games, and other amenities, can also significantly influence the overall financial health of the establishment.

    In the case of Resorts Casino Hotel, the recent addition of new slot machines and electronic table games to its DraftKings Sportsbook indicates a strategic move to diversify its offerings and potentially offset any negative impact from the decline in sports betting revenue.

    The recent expansion of gaming options is seen as a strategic move by Resorts Casino Hotel to attract more players and boost revenue. It remains to be seen how these changes will impact the casino’s performance in the coming months. Despite the recent decline in sports betting revenue, the casino continues to innovate and enhance its offerings, demonstrating its commitment to providing an exceptional gaming experience for its patrons.