23 C
Dubai
Wednesday, December 25, 2024
spot_img

New Jersey gambling revenue a win for Atlantic City’s summer recreation

[ad_1]

Figures released on Tuesday New Jersey Division of Gaming Enforcement Shows the state’s casinos won a total of $299 million from live gamblers in July. That’s 8% higher than the $277 million they won in July 2021.

Year-to-date casino wins across the nine casino hotel properties were $1.61 billion, up 16% from $1.39 billion in the prior period.

“Atlantic City’s Casino Wins and Gross Gaming Revenues Have Strong First Full Month of 2019
summer,” New Jersey Casino Control Commission Chairman James Plousis spoke about the July results. “Casino wins in July were the highest in a decade, reflecting Atlantic City’s strength as a gaming and leisure destination. Year-to-date, year-to-date, year-to-date, casino wins, POGO wins per casino hotel and gross gaming revenue both surpassed the same period last year.”

In July, casinos and their partners reported Internet Gaming Win of $136.7 million; a 15.2 percent increase from $118.7 million in the previous period. Year-to-date, casinos and their partners have reported $951.2 million in Internet Gaming Win.

Casinos, racetracks and their partners reported total sports betting revenue of $45 million in July 2022, down 18.1% from $55 million in the previous period.

“The decline in July figures can be attributed to two key factors – a sparse sports calendar played a major role in the decline; however, while the Garden State July figures were in line with national market trends, the year-over-year decline was not, “according to TopNJCasinos.com. “The decline suggests New Jersey continues to feel the effects of neighboring New York state’s January sports betting rollout.”

Casinos, racetracks and their partners reported gross gaming revenue of $480.7 million in July 2022, an increase of 6.7% from the $450.6 million reported in July 2021. Casinos, racetracks and their partners reported year-to-date gross gaming revenue of $2.91 billion, up 13.7% from the $2.56 billion reported in the previous period.



[ad_2]

Source link

Related Articles

Jeff Bezos and Lauren Sanchez Shut Down $600M Aspen Wedding Rumors: ‘Completely False’

Jeff Bezos and Lauren Sanchez have strongly refuted a recent report claiming they are planning a lavish $600 million wedding in Aspen. The Jeff Bezos...

UAE Team Emirates Accelerates to New Heights: Landmark Sponsorship with XRG Fuels Future Success

UAE Team Emirates cycling team, renowned for its achievements on the global stage, has announced a groundbreaking six-year sponsorship agreement with the Emirati energy...

Discover Dubai 5 Unique Things to Do

5 Unique Things to Do in Dubai Beyond the Usual Dubai is known for its luxury shopping, modern architecture, and lively nightlife, but there's so...

Kim Kardashian Transforms Broken Foot into Fashion Statement with Trendy Wedge Heel-Inspired Cast

Kim Kardashian has once again proven her flair for turning even the most unexpected situations into a style statement. The reality star Kim Kardashian and...

Taylor Swift Empowers Crew with Unprecedented Generosity: $197 Million in Bonuses Highlights Her Leadership and Dedication

Taylor Swift, the global pop sensation and cultural phenomenon, has once again captured the world’s attention, not just with her record-breaking Eras Tour but...

Latest Articles