Noticias de ultima
  • 12.00 KSA calls 711 on violation of role model ban
  • 12.00 Senators Push for Nationwide Ban on Sports Betting Advertising in Canada
  • 12.00 New Jersey Gaming Revenue Report: Q3 2025 Results Released
  • 12.00 Regulators Unite to Crack Down on Illegal Online Gambling Across Europe
  • 12.00 NOVOMATIC Spain on the road to ICE Barcelona 2026
  • 12.00 WorldMatch Triumphs at SiGMA Central Europe: Awarded Best Game Provider Italy and Leading Global Expansion
  • 12.00 Fast Track Secures Fourth Consecutive Great Place to Work® Certification with 91% Trust Index
  • 12.00 ICE Barcelona Strengthens Strategic Partnership with CIBELAE, Reinforcing Commitment to the Latin American Market
  • 12.00 From Infrastructure to Intelligence: Atlaslive explains How iGaming Platforms Are Becoming Strategic Growth Engines
  • 12.00 iGaming Club Conference Cancun 2025 debuts this week centered around the LatAm scene
Casino

New Jersey: internet gambling reaches new record at $198M in revenue

Tuesday 17 de September 2024 / 12:00

2 minutos de lectura

(Atlantic City).- Internet gambling in New Jersey had its best month ever in August, bringing in over $198 million in revenue even as most of Atlantic City's land-based casinos continued to win less than they did before the COVID-19 pandemic.

New Jersey: internet gambling reaches new record at $198M in revenue

Figures released Monday by the New Jersey Division of Gaming Enforcement show that internet gambling brought in $198.4 million, the highest monthly total ever recorded in the state and an increase of nearly 28% from a year earlier. That was the good news for Atlantic City's gambling industry.

The bad news was that their core business — money won from in-person gamblers — continues to struggle. Six of the nine casinos won less from people physically in their premises than they did in August 2019, before the pandemic broke out.

The casinos won $294 million from gamblers on their physical premises in August, an increase of 4.9% from a year earlier.

When money from sports betting and internet gambling is included, the amount won by the casinos, the two horse tracks that accept sports bets and their online partners was over $555 million, an increase of 4.4% from a year ago.

Because internet and sports betting money must be shared with outside parties including sports books and tech platforms, the casinos consider in-person winnings to be their core business.

And for two-thirds of the casinos, that business still is not as good as it was before the COVID-19 outbreak. Only three casinos — Borgata, Hard Rock and Ocean — won more last month from in-person gamblers than they did in August 2019, before the pandemic.

Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling market, said the numbers show how important internet gambling is becoming to the resort.

“This important vertical for the casino industry has topped $190 million in four of the last eight months in a trend that is seeing off-property gaming activity, which includes online sports betting, contribute nearly half of Atlantic City operators’ total gross gaming revenue,” she said.

Sports betting revenue of $62.7 million was down nearly 35% in August. But Bokunewicz said that is a statistical quirk due to the comparison with August 2023, in which sports betting revenue was exceptionally high, coming in at twice the total of August 2022.

In terms of money won from in-person gamblers, Borgata won $74.2 million in August, up 1.6%. Hard Rock won $55.3 million, up 9.2%; Ocean won $44 million, up 11.4%; Harrah's won $25.1 million, up 2.4%; Tropicana won $24.9 million, up just under 1%; Caesars won $24 million, up 9.2%; Resorts won $16.1 million, down nearly 9%; Bally's won $15.6 million, up 4.2%, and Golden Nugget won $14.6 million, up 11.2%.

When internet and sports betting money is included, Borgata won $125.5 million, up 6.4%; Hard Rock won nearly $72 million, up 21.5%; Golden Nugget won $69.7 million, up nearly 29%; Ocean won $49.1 million, up 10.1%; Tropicana won $46.5 million, up nearly 41%; Bally's won nearly $29 million, up 24.3%; Harrah's won $27.2 million, up 11%; Caesars won $24.1 million, up 9.3%; and Resorts won $16.2 million, down 8.3%.

Resorts Digital, the casino's online arm, won $69.2 million, down 30.2%.

Nearly $699 million worth of sports bets were made in New Jersey in August in a market that had become smaller.

On July 31, Freehold Raceway stopped taking sports bets, leaving the Meadowlands Racetrack in East Rutherford, and Monmouth Park in Oceanport as the state's only horse tracks that take sports bets. The track's parent company, Penn Entertainment, did not respond to a message seeking comment on why it ended sports betting at Freehold.

Categoría:Casino

Tags: Sin tags

País: United States

Región: North America

Event

SiGMA Central Europe

03 de November 2025

WorldMatch Triumphs at SiGMA Central Europe: Awarded Best Game Provider Italy and Leading Global Expansion

(Rome, SoloAzar Exclusive).- WorldMatch made a powerful impact at SiGMA Central Europe 2025 in Rome, showcasing its cutting‑edge portfolio of iGaming content and celebrating a landmark achievement: being named Best Game Provider Italy 2025. Commercial Director Gabriele de Lorenzi highlighted plans for bold content diversification and international expansion, setting the pace for the next era of iGaming growth.

Tuesday 25 Nov 2025 / 12:00

Uplatform Captivates SiGMA Central Europe 2025: Fresh Ideas, Juicy Results

(Cyprus).- At Fiera Roma, where countless booths fought for attention, only one stopped attendees in their tracks and sparked the reaction, “You have to see this”—Uplatform’s standout showcase.

Thursday 20 Nov 2025 / 12:00

SiGMA Central Europe: An Exclusive Conversation with GR8 Tech’s Chief Sales Officer Yevhen Krazhan

(Rome, SoloAzar Exclusive).- In this interview, Yevhen Krazhan, Chief Sales Officer at GR8 Tech, discusses the cutting-edge products and solutions showcased at SiGMA Central Europe, the audience’s enthusiastic response, and how GR8 Tech is carving out a strong position in high-growth regions such as MENA, Africa, and Latin America.

Thursday 20 Nov 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO