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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.
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