Bright start to New Jersey’s fall season

The New Jersey casinos, led by Atlantic City but also including horse racing venues that offer sports betting plus their online partners, chalked up a GGR of $485m in September, up seven per cent.

The nine casinos did better than September 2019 in the pre-pandemic days, winning $252m, up 1.3 per cent. However, only the Hard Rock and Ocean casinos showed up really well of the nine.

For the month of September, internet gaming win reported by casinos and their partners was $135.2m, reflecting growth of 10.3 per cent compared with $122.6 million for the prior period.

Meanwhile, sports wagering gross revenue reported by casinos, racetracks, and their partners was $98.0m for September, reflecting an 18.9 per cent increase when compared to $82.0m for the prior period.

Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, that studies the Atlantic City gambling market, was quoted by AP news service: “September’s mild weather helped contribute to a strong start of the fall season for operators. At this rate, Atlantic City’s casino operators are likely to meet and potentially exceed pre-pandemic end-of-year totals for both brick-and-mortar and total gaming revenue.”