Last year reportedly saw Atlantic City post its first increase in annual casino aggregated gross gaming revenues in a decade to $2.6 billion thanks in large part to a 32% rise year-on-year in earnings from online gaming to nearly $197 million.

According to a report from The Associated Press news service, New Jersey is one of three states alongside Delaware and Nevada that is permitted to offer online gambling services and its 1.5% rise year-on-year in overall annual aggregated gross gaming revenues was helped by the Borgata Hotel Casino And Spa, which is operated by MGM Resorts International, as the property pulled in $47 million via the Internet during 2016.

Citing official figures from the New Jersey Casino Control Commission, the news service also reported that the Golden Nugget Atlantic City, which is owned by Landry’s Incorporated, posted online earnings last year of $42.2 million while the Caesars Interactive-NJ enterprise from MGM Resorts International brought in $38.6 million.

There was moreover $36.9 million from online activities at the Tropicana Casino And Resort Atlantic City, which is run by Tropicana Entertainment Incorporated, while the Resorts Digital venture reportedly pulled in $31.7 million.

The Associated Press reported that the seven surviving Atlantic City casinos additionally saw their annual on-premises winnings swell 2.1% year-on-year to reach almost $2.3 billion although this dropped to a 0.3% deficit when results from the now-shuttered Trump Taj Mahal property were included.

However, when takings from slots, table games and Internet operations were included, only two of Atlantic City’s casinos reported annual revenue declines with Harrah’s Resort Atlantic City down 4.3% year-on-year to $358 million while Caesars Atlantic City saw a 2.7% shrinkage to $302 million.

“These are some strong numbers, especially with all the bad news about Atlantic City’s “demise”,” Matt Levinson, Chairman for the New Jersey Casino Control Commission, told The Associated Press. “There’s a lot of good news here. We have some stronger casinos now and Internet gambling continues to increase. The hope is we’re entering a stable environment now.”

Overall, the Borgata Hotel Casino And Spa reportedly remained Atlantic City’s top casino last year as its $769 million in annual revenues were more than twice those earned by its nearest competitor, Harrah’s Resort Atlantic City. Golden Nugget Atlantic City and Tropicana Casino And Resort Atlantic City each saw 9% year-on-year revenue improvements in 2016 to $251.9 million and $341.1 respectively while all seven of the city’s casinos won $208 million in December, which represented an 8.6% improvement when compared with the same month in 2015.

Tom Pohlman, General Manager for the Golden Nugget Atlantic City, told The Associated Press that the market had “right-sized itself to the point where we’re not over-saturated anymore”.

“I’d like to think things had hit rock bottom and we’ll all get better from here,” Pohlman, told the news service.

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