Gaming in New Jersey: revenue reaches $558.3m in September

Revenue from casinos, horse tracks and online operations rose 7.1 per cent year-on-year.

US.- The New Jersey Division of Gaming Enforcement has reported figures for September. The state’s casinos and horse tracks that offer sports betting reported $558.3m in gaming revenue, up 7.1 per cent from September 2023 ($521.5m).

The casino win for the nine Atlantic City casino hotels was $230.6m, down 6.5 per cent compared to September 2023 ($246.5m). The online gaming win was $208.1m, up 27 per cent year-on-year, setting a new record. Sports wagering gross revenue reported by casinos, racetracks, and their partners was $119.6m, reflecting a 7.6 per cent increase when compared to September 2023.

In terms of in-person winnings, Borgata won $62.4m in September, up 15 per cent; Hard Rock won $44.6m, down 4.7 per cent; Ocean won $28.4m, down 28 per cent; Caesars won $20.5m, down 4.1 per cent; Harrah’s won $18.6m, down 16.3 per cent; Tropicana won $17.9m, down 16.3 per cent; Resorts won $14.3m, down 3.9 per cent; Bally’s won $12.5m, down 4.4 per cent, and Golden Nugget won $11m, down 12.5 per cent.

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When internet and sports betting revenue is included, Borgata won $120.2m, up 12 per cent; Resorts won $106.5m, down 3.4 per cent; Golden Nugget won $72.8m, up 25.8 per cent; Hard Rock won $64.4m, up 10.8 per cent; Ocean won $33.9m, down 24 per cent; Bally’s won $24.1m, up 19.2 per cent; Caesars won $20.6m, down 3.4 per cent; Harrah’s won $18.7m, down 16.6 per cent; and Tropicana won $18.1m, down 16 per cent.

For year-to-date, total gaming revenue reported by casinos, racetracks, and their partners stands at $4.72bn, up 10.1 per cent from the prior year-to-date period.