New Jersey gaming revenue increases in May
Revenue was up 20.5 per cent year-over-year.
US.- The New Jersey Division of Gaming Enforcement has reported that gaming revenue in the state in May totalled $614.7m, up 20.5 per cent year-over-year and 14.5 per cent from April’s $536.6m.
The casino win for the nine casino hotels was $265.3m, an increase of 10.9 per cent when compared to May 2024. Table games generated $70.5m and slots $194.7m. The internet gaming win was $246.8m up 28.5 per cent year-over-year.
Year-to-date, total gaming revenue stands at $2.74bn, up 6.6 per cent from the prior year-to-date period. The casino win was $1.12bn, up 0.8 per cent, and the online gaming $1.16bn, up 22.5 per cent.
Sports betting gross revenue for the casinos, racetracks and their partners was $102.5m in May, up 30.2 per cent year-over-year. The handle totalled $1bn. Online betting wagers reached $967.1m and retail $43.4m. Year-to-date sports betting gross revenue stands at $460.2m, a decrease of 10.3 per cent year-over-year.
New Jersey bill would expand casino gaming beyond Atlantic City
New Jersey senator Vin Gopal has introduced a bill that would allow casino games at the Monmouth Park and the Meadowlands racetracks. The proposal would expand gaming beyond Atlantic City, which is currently the only place in the state where slots and table games are legal.
The amendment to Bill SCR130 would require a constitutional ballot, asking voters whether the state should allow gaming at Meadowlands in East Rutherford and Monmouth Park in Oceanport.
