New Jersey posts $506.2m in total gaming revenue for July
The Garden State also reported seeing an 11% year-to-date increase in total gaming revenue.
The New Jersey Division of Gaming Enforcement (NJDGE) has released its monthly financial results for July, posting $506.2m in total gaming revenue. This is an increase of 5.3% year-on-year, but overall casino win was down 3%.
The city’s nine casinos made up nearly $290m of that total, but brought in $299m in July 2022. Slot games continued to generate more revenue than table games, rising slightly by 1% to $217.8m, while table game win dropped 13% to $72.2m year-on-year.
The casinos with the highest win were the Borgata with $78.6m, followed by Hard Rock Hotel & Casino Atlantic City with $53.1m and the Ocean Casino with $37.7m. The Borgata also had the highest iGaming win of nearly $43m (consistent with last July), while Resorts Digital came in second at $40.6m, up 33% from July 2022.
No property experienced a large rise in its casino win, with the biggest increase of 2% also going to the Borgata. The casino to see the largest decrease in revenue, however, was Resorts Atlantic City, down 16% to $15.2m.
This July, sports wagering revenue rose 36% to $61m, while iGaming increased 14% to $155.2m.
Year to date, sports wagering has brought in $501.8m (up 42% year-on-year), while iGaming has generated $1.1bn (up 14%). The year-to-date casino win sits at $1.6bn, up slightly by 2%. The total gaming revenue New Jersey had made so far in 2023 is currently at $3.2bn, an 11% rise from 2022’s figures.
New Jersey also offers peer-to-peer gaming, which generated $2.7m in revenue this July, and posted $152.5m in revenue for “other authorized games.” Both of these figures were an increase of about 13% year-on-year.
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