New Jersey posts December gaming revenue rise to $522.2m

January 17, 2024
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Total gaming revenue for the full year also saw an increase to $5.78bn.

The New Jersey Division of Gaming Enforcement (NJDGE) has reported its gaming revenue results for December and the whole of 2023. 

All aspects of New Jersey’s numbers saw improvements across the board, except for table game revenue, which went down both December and the whole year. 

Overall casino revenue, however, did see numbers increase 7.8% year-over-year in December to $232.4m and 2.2% year-over-year for its full-year figure to $2.85bn. 

Similarly, online gaming revenue showed steady growth. In December the figure was up from $151.5m to $180.3m, while its full-year figure was up from $1.66bn to $1.92bn. 

Sports wagering revenue reached $109.4m in December, representing a year-over-year increase of 24.8%. This meant that overall sports wagering revenue in New Jersey in 2023 surpassed the $1bn mark, being valued at $1.01bn, a significant increase of 31.9% from 2022’s numbers.

These positive numbers meant that overall New Jersey’s total gaming revenue in December 2023 increased 14.8% from December 2022 to $522.2m, while total gaming revenue in the state for the whole of 2023 increased 10.9% from the whole of 2022 to $5.78bn. 

Looking closely at the casino licensees, the Borgata brought in the highest total gaming revenue for the whole of 2023 at $1.3bn, though did represent a 0.1% decrease from its 2022 figure. The casino licensee with the largest growth in its yearly total gaming revenue was Resorts Digital, which went up 50.4% to $822.2m for the whole of 2023. 

In other news related to New Jersey, Pariplay has this week partnered with PlayStar to expand its presence in the Garden State. 

State-by-State

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