New Jersey’s September gaming revenue increased 7.5% to $521.5m this year. However, The Garden State’s nine casinos generated gaming win of $246.5m, which represents a 2.1% decrease year-on-year.
Sports wagering and iGaming have both become more popular in the state with a 13.4% year-on-year increase to $111.1m, and a 21.1% increase to$163.8m, respectively. Slot machines and table game revenue both decreased slightly when compared to 2022.
Slot revenue fell 2% to $182.7m, while table game revenue fell 2.2% to $63.8m. The land-based casino leading the way with the highest individual revenue was Atlantic City’s Borgata Hotel Casino & Spa with $54.3m; however, this figure also showed a year-on-year decrease of 12.9%.
The casinos that experienced the biggest changes were Ocean Casino Resort, with a revenue increase of 29.2% to $39.5m, and Bally’s Atlantic City, with a decrease of 17.3% to $13.1m.
Resorts Digital was the most successful online sports wagering platform with $49.9m, representing nearly 45% of the state’s total sports wagering revenue. The retail sportsbooks that generated the most revenue were at the Borgata, which made $11.5m, and Hard Rock Atlantic City, which made $5.1m.
The New Jersey racetrack that brought in the most revenue from its sports wagering license was Meadowlands (run by FanDuel) with $34.1m, but all three racetracks saw a decrease year-on-year of at least 12%.
Resorts Digital also generated the most iGaming win, which rose 32.9% to $45.5m, followed by Golden Nugget Atlantic City, which rose 32.1% to $45.1m. Year to date, iGaming in New Jersey has reached $1.4bn, which is also just behind the year-to-date slot win of $1.6bn.
