NJ casino, sports & online gambling revenue up 15% in May | Casino - SoloAzar International
Casino

NJ casino, sports & online gambling revenue up 15% in May

Monday 20 de June 2022 / 12:09

⏱ 2 min read

(Atlantic City).- New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $430.6 million from gamblers in May, up 15% from a year earlier, figures released Thursday show.

NJ casino, sports & online gambling revenue up 15% in May

And the casinos’ core business, revenue won from in-person gamblers, fell just short of the level of May 2019, before the coronavirus pandemic hit, an important metric for Atlantic City’s brick-and-mortar casino industry, whose revenue has been struggling to rebound from pre-pandemic levels.


The numbers do not include money the tracks won on horse races, which is reported separately to a different agency.


Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry, said the numbers show a continuing pattern of recovery for the resort’s casinos in the third year of the coronavirus pandemic.


“However, inflation may be beginning to impact in-person gaming revenues,” she said. “Brick-and-mortar gross gaming revenue totals for the month, expected to improve over last month’s $235.3 million, were effectively flat at $233 million, down less than 1%.”


Bokunewicz said visitors are likely to still want to visit Atlantic City with its casinos, beaches and nightclubs and restaurants. But once they get here, they may have less money to spend, she said.


James Plousis, chairman of the New Jersey Casino Control Commission, said total revenue, including internet and sports betting, was the highest for the month of May in over a decade.


“The volume of activity in Atlantic City’s casino hotels has been robust and, coupled with a maturing online gaming business, can be a powerful combination,” he said.


In terms of money won from in-person gamblers, Borgata led the market in May at $63.3 million, up over 30% from a year earlier.


Hard Rock was next at $41.5 million, up nearly 19%; Ocean was third at $25.3 million, up nearly 3%, and Tropicana was fourth at $21.6 million, up 8.5%.


Harrah’s won $21.2 million, down 1.6%; Caesars won $20.2 million, down 9.5%; Resorts won $14.1 million, down 8%; Golden Nugget won $12.7 million, down 3%; and Bally’s won $12.6 million, up 2.6%.


Gamblers wagered $766.4 million on sports in May. Total sports betting revenue, after winning bets and other expenses were paid, was $61.5 million, up 16.4% from a year ago.


The casinos internet gambling operations won $136 million in May, up nearly 26%, although casino executives say that figure is misleading because about 70% of online winnings are kept by third-party partners.

Categoría:Casino

Tags: Sin tags

País: United States

Event

GAT EXPO CARTAGENA 2026

24 de March 2026

Technology, AI and Traceability: Keys to the Future of Gaming at the GAT Expo Cartagena Suppliers Panel

(Cartagena de Indias, SoloAzar Exclusive).- Within GAT Expo Cartagena 2026, technology sector leaders analyzed the challenges and opportunities of the gaming industry during the panel “Innovation, Traceability and Control”.

Tuesday 31 Mar 2026 / 12:00

Gamification with Purpose: Andrés Blanco Explains How to Drive Real Engagement at GAT Expo Cartagena 

(Cartagena de Indias, SoloAzar Exclusive).- At GAT Expo Cartagena 2026, one of Latin America’s most important gaming industry events, Andrés Blanco, Managing Director and Chief Product Officer at Gamanza Engage, shared his vision of how gamification can become a strategic tool to foster genuine user engagement.

Monday 30 Mar 2026 / 12:00

Nevada’s Regulatory Model, Taxation Challenges and Prediction Markets Take Center Stage at GAT Expo Cartagena

(Cartagena de Indias, SoloAzar Exclusive).- During a high-level fireside chat at GAT Expo Cartagena 2026, Brian Krolicki, Vice Chairman of the Nevada Gaming Commission, and Rodrigo Afanador Carrasco, CEO of Zamba and General Manager of Grupo Vicca, explored key regulatory challenges shaping the global gaming industry, with a particular focus on Latin America.

Monday 30 Mar 2026 / 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.

MÁS CONTENIDO RELACIONADO