The lights are out at Tropicana Atlantic City, along with all Atlantic City casinos, and don’t expect them to come on as long as COVID-19 cases in New Jersey continue to increase.
The Trop’s online casino business, however, remains open 24/7. The license holder could use this as a golden opportunity to continue growing its online gaming revenue.
February marked the third-straight month that Tropicana saw a double-digit percentage increase. This includes $4.36 million earned in January, which was good enough for a 24.7% year-over-year increase.
Gamesys Group powers both platforms.
A closer look at the online numbers
Looking at the NJ mobile casino gambling market as a whole, Tropicana currently ranks toward the bottom among the seven license holders.
Golden Nugget online casino continues to dominate the market with $40.9 in year-to-date revenue, while Resorts Digital ranks second with $24.3 million.
Trop comes in at $8.2 million, which is an 18.1% increase from the same period last year.
This puts them ahead of Hard Rock ($5.3 million) and Ocean Casino ($958,520).
Additionally, Tropicana has reported more than $4 million in revenue two out of the last three months.
Here is the breakdown of recent Tropicana revenue figures from the New Jersey Division of Gaming Enforcement (DGE):
- December: $4.06 million (27.8% increase)
- January: $4.36 million (24.7% increase)
- February: $3.84 million (11.4% increase)
Now that there is a lack of casino floor revenue, all these numbers are expected to increase significantly when the DGE releases the March numbers.
New Jersey Gov. Phil Murphy ordered the temporary closure of Atlantic City casinos on Monday, March 16. Property owner Eldorado Resorts has yet to announce a reopening date.
Eldorado Resorts announced that it will temporarily suspend casino operations at @TropicanaAC at 8pm on March 16. The safety & well-being of our team members & guests is our highest priority and this measure was taken to comply with NJ Gov. Murphy’s order. Additional info in bio. pic.twitter.com/UgCkSov0mP
— Tropicana AC (@TropicanaAC) March 17, 2020
Tropicana offers $20,000 Bonus Money Sharepot
With internet gaming being the only option, for now, weekly promotions provide a nice incentive for online casino customers.
Trop online customers have a chance at a big Friday payout via the $20,000 Bonus Money Sharepot.
The promotion launched today and runs until 11:59 p.m. EST March 26.
Here’s how players can earn entries:
- Play Ball Bingo, online slots or any other games.
- Each day, players who wager at least $100 will earn one ticket toward the $20,000.
- Customers can earn up to five entries a day.
- Bonus funds must be played online, and is not redeemable as cash.
Virgin Casino + playback bonuses
Gambling is far from a guaranteed win. And those Virgin Casino customers who experience a little bit of bad luck this week will earn a playback bonus on net losses. The range is between 10%-20%.
The promo requires players to wager at least $50 per day.
However, players who end up winning more than losing over the course of the promotion period (11:59 p.m. Thursday) are not eligible for a playback bonus.
Here is the breakdown based on the number of days a casino player qualifies:
- Two days: $20 bonus money
- Three days: $30 bonus cash
- Four days: $75 bonus cash
NJ online casinos are business as usual
New Jersey residents remain quarantined at home, wondering when AC casinos will open. Of course, gamblers will continue to rely on online casino apps, like Tropicana and Virgin, to help pass the time during these challenging times.
The current promotion offers could result in some rare positive news for some lucky online casino customers come Friday.
Remember, being quarantined is not a reason to gamble above your limit. Establish a budget, stick to it and ask for help if you need it. There are responsible online gambling resources in New Jersey available.