The New Jersey Division of Gaming Enforcement has released August’s figures, showing the state’s casinos and horse tracks with sports betting reported $555.1 million in gaming revenue, a 4.4 percent increase from August 2023.
Online gambling hit a new monthly high of $198.4 million, a 27.8 percent year-on-year rise.
Land-based gambling revenue reached $294 million, up 4.9 percent from August 2023. However, six of Atlantic City’s nine casinos saw less revenue from in-person gambling compared to pre-pandemic levels. Only Borgata, Hard Rock, and Ocean exceeded their August 2019 earnings from in-person gambling.
Borgata generated $74.2 million from in-person gamblers, up 1.6 percent; Hard Rock earned $55.3 million, a 9.2 percent increase; and Ocean brought in $44 million, up 11.4 percent. Harrah’s posted $25.1 million, up 2.4 percent, while Tropicana recorded $24.9 million, up slightly by less than 1 percent. Caesars saw a 9.2 percent rise to $24 million. Resorts’ revenue fell by 9 percent to $16.1 million, while Bally’s increased by 4.2 percent to $15.6 million, and Golden Nugget jumped 11.2 percent to $14.6 million.
When including internet and sports betting revenue, Borgata led with $125.5 million, up 6.4 percent, followed by Hard Rock at $72 million, a 21.5 percent increase. Golden Nugget reported $69.7 million, up 29 percent; Ocean made $49.1 million, a 10.1 percent rise; Tropicana earned $46.5 million, up 41 percent; Bally’s posted $29 million, a 24.3 percent increase; Harrah’s saw $27.2 million, up 11 percent; Caesars reported $24.1 million, up 9.3 percent; and Resorts declined by 8.3 percent to $16.2 million.
Sports wagering gross revenue for casinos, racetracks, and their partners amounted to $62.7 million, down 34.7 percent from August 2023.
For the year-to-date, total gaming revenue has reached $4.16 billion, a 10.5 percent rise compared to the same period in 2023. Online casino revenue is up 22.7 percent at $1.52 billion, while sports wagering has climbed 19.7 percent to $715.8 million.
