Positive November performance for New Jersey casinos and sportsbooks

Home » Positive November performance for New Jersey casinos and sportsbooks

New Jersey had a great November after its extensive collection of casinos, iGaming sites and sportsbooks chalked up an 18.9% year-on-year increase in aggregated gross gaming revenues to $306 million.

According to an official Thursday filing from the New Jersey Division of Gaming Enforcement (pdf), land-based casinos in Atlantic City saw their slot and gaming table revenues for last month rise by 7.1% year-on-year to reach almost $224 million while the eastern state’s sportsbooks chalked up a comparable 54.8% swell to $32.9 million.

iGaming largess:

The figures also showed that online gaming is becoming an increasingly lucrative pursuit as New Jersey-licensed sites recorded aggregated November revenues of $49.1 million, which represented a year-on-year boost of 82.4%.

Atlantic City advances:

The New Jersey Division of Gaming Enforcement investigation indicated that November slot revenues for the nine casinos in Atlantic City grew by 5.7% year-on-year to hit $156.8 million while their gaming table win had improved by 10.5% to $67.1 million. The filing moreover showed that this situation was made all the more pleasant thanks to $15.5 million in sportsbetting win and $48.1 million from online gaming to take the resort city’s aggregated casino gaming win for last month up by a comparable 16.5% to $288.6 million.

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Statewide success:

For the year to date, the official figures revealed that aggregated gross gaming revenues in New Jersey stood at slightly above $3.18 billion, which equates to a year-on-year increase of 20.3%. The examination furthermore confirmed that sportsbetting win for the eleven months to the end of November had hit $270 million with iGaming revenues up by 60.7% to $433.4 million.

Seaside sensation:

Finally, the figures from the New Jersey Division of Gaming Enforcement revealed that Atlantic City’s casinos had recorded eleven-month slot and gaming table revenues of $2.48 billion, which is a year-on-year increase of 7.7%. This tally is already beyond 2018’s annual reckoning of $2.41 billion and means that the New Jersey city will have soon recorded a third consecutive full year of growth following many seasons of decline.

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Atlantic CityiGamingNew Jersey Division of Gaming Enforcementgaming revenues

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