Key points:
- Total revenue fell by 0.9% year-over-year
- Casino win across the state reached $210.1m
The New Jersey Division of Gaming Enforcement has published its gaming revenue results for the month of January.
Total gaming revenue from casinos, racetracks and their partners throughout the Garden State totaled $553.9m in January, down by 0.9% year-over-year.
Casino win for the state’s nine casino resorts reached $210.1m last month, up by 2.6% when compared to results posted in January 2024. Slot machines contributed $145.4m to the monthly total, while $64.6m came from table games.
Garden State casinos posted an internet gaming win of $221.6m during the month of January. Internet gaming win grew by 20.9% year-over-year.
New Jersey posted a sports wagering gross revenue of $122.2m last month, which showed a decrease of 28.4% when compared to the total reported in January 2024.
In a breakdown of the sports betting total, $118.5m came from wagers placed online, while retail facilities posted $3.6m.
Sports wagering gross revenue during the month came from casinos, racetracks and their partners.
Gross revenue taxes reached $62.1m last month.
In other state news, legislators in the state of New Jersey recently discussed reducing the penalties for and decriminalizing underage gambling, according to an Associated Press report.
Lawmakers are considering changing the current laws that criminalize gambling under the age of 21.
They have created a bill that would make underage gaming subject to fines rather than punishable under criminal law.
Under the terms of the proposal, this activity would be considered a civil offense. A first offense would result in a $500 fine, while second offenses would bring a $1,000 fine. Any subsequent offenses would result in a $2,000 fine.
Money generated from fines would be used for compulsive gambling programs that include prevention, treatment programs and education, according to the AP report.
