New Jersey’s gaming industry continues to thrive as the state’s casinos, sports betting, horse tracks, and online operations report a combined revenue of $485 million for September. This marks a remarkable 6.9% increase compared to the same period in 2021, demonstrating the industry’s resilience and growth. The Atlantic City casino hotel properties also contributed to the positive trend, with a casino win of $251.7 million, up 1.3% from September 2021. The state’s internet gaming and sports wagering segments have also witnessed significant surges, further solidifying New Jersey’s position as a gaming and betting hub.
Casino Win on the Rise:
New Jersey’s nine Atlantic City casino hotel properties reported a casino win of $251.7 million in September, reflecting a steady 1.3% growth compared to the same month in the previous year, where the casino win was $248.5 million. The year-to-date total casino win soared to $2.13 billion, an impressive 12.5% increase from the corresponding period last year, which stood at $1.90 billion. These figures highlight the consistent success of the casino sector in attracting patrons and generating revenue.
Internet Gaming Soars:
Internet gaming reported by casinos and their online partners witnessed a significant surge, with a revenue of $135.2 million in September, representing a remarkable 10.3% increase. The year-to-date total for internet gaming win reached an impressive $1.22 billion, an astounding 23.2% rise from the previous year’s $988.7 million. The online gaming segment’s remarkable growth continues to fuel the overall revenue surge in the state.
Sports Betting Thrives:
The sports wagering segment has emerged as a major contributor to New Jersey’s gaming revenue surge, with gross revenue reaching $98 million in September, marking an 18.9% increase from the $52 million reported in the same month last year. Despite a 7.3% decline in year-to-date revenue compared to the prior period, with revenue standing at $516.9 million, the segment remains strong and contributes significantly to the state’s gaming industry.
New Jersey’s gaming industry has demonstrated impressive growth and resilience in September, with combined revenue reaching an impressive $485 million. The steady rise in casino win, fueled by the success of Atlantic City’s casino hotel properties, highlights the sector’s appeal to visitors and locals alike. Additionally, internet gaming has shown remarkable growth, cementing its position as a significant revenue driver in the state. The sports betting segment’s consistent performance further bolsters New Jersey’s reputation as a premier gaming and betting destination. As the industry continues to flourish, New Jersey’s gaming scene promises exciting opportunities for operators and patrons alike.