Current:Home > NewsInternet gambling revenue continues to soar in New Jersey. In-person revenue? Not so much.-InfoLens
Internet gambling revenue continues to soar in New Jersey. In-person revenue? Not so much.
View Date:2025-01-11 03:25:42
ATLANTIC CITY, N.J. (AP) — Internet gambling revenue continues to soar in New Jersey, where online casinos are accounting for a growing share of the betting pie: Atlantic City’s casinos and their online partners won $182 million in internet bets in February.
Figures released Friday by the state Division of Gaming Enforcement show that sports betting also did well in a month that included the Super Bowl.
Those two more recent forms of gambling helped the casinos, racetracks that accept sports bets and their online partners take in over $461 million in February, an increase of 12% from February 2023.
But the news was not all good: Atlantic City’s nine casinos won $211.5 million from in-person gamblers, down 1.6% from a year earlier.
While the casinos collectively exceeded the $196 million they won from in-person gamblers in February 2019, before the COVID-19 pandemic hit, only three of the casinos individually won more in person this February than they did in February 2019.
“Remote gaming options continue to be critical for Atlantic City’s gaming operations, especially in the shoulder months when seasonal weather patterns are most likely to keep gamblers at home,” said Jane Bokunewicz. “Despite an extra day in the month, a wet and wintry February kept brick-and-mortar revenues for Atlantic City casinos modest.”
The casinos consider in-person gambling to be their core business. Money from internet gambling and sports betting must be shared with outside parties like sports books and technology platforms, and it is not solely for the casinos to keep.
With all three types of revenue combined, the Borgata won over $98 million, down 3.1% from a year earlier; Golden Nugget won $62.9 million, up over 31%; Hard Rock won $55 million, up 24%; Ocean won $37.6 million, up nearly 25%; and Tropicana won over $30 million, up 15%.
Bally’s won nearly $19 million, up nearly 5%; Harrah’s won $18.7 million, down 11%; Caesars won $16.2 million, down 15.5%; and Resorts won $12.1 million, down 4.3%.
In terms of in-person revenue, Borgata won $53.6 million, down 6.7%; Hard Rock won $41.1 million, up 9.6%; Ocean won over $31 million, up over 18%; Harrah’s won $18.2 million, down 14.7%; and Tropicana won $16.6 million, down 3.1%.
Caesars won $16.4 million, down 13.7%; Resorts won $12.2 million, down 3.6%; Golden Nugget won $11.6 million, up 4:, and Bally’s won $10.6 million, down over 13%.
In terms of internet-only entities, Resorts Digital, the casino’s online arm, won $72.2 million, up nearly 50%, and Caesars Interactive Entertainment NJ won $5.5 million, down nearly 33%.
Over $1 billion in total sports bets were made in New Jersey in February. Of that total, $67.5 million was kept as revenue by the casinos, tracks and their partners after paying out winning bets and other expenses.
___
Follow Wayne Parry on X, formerly Twitter, at www.twitter.com/WayneParryAC
veryGood! (74)
Related
- Duke basketball vs Kentucky live updates: Highlights, scores, updates from Champions Classic
- Prince George Is All Grown Up and Here to Make You Feel Old in 10th Birthday Portrait
- This $30 Deal on an $80 Soniclean Electric Toothbrush Will Give You Reasons To Smile
- Amy Schumer Honors Women Killed in Trainwreck Movie Theater Shooting on 8th Anniversary
- Jerry Jones lashes out at question about sun's glare at AT&T Stadium after Cowboys' loss
- Ariana Grande Shared How Wicked Filming Healed Her Ahead of Ethan Slater Romance
- Former Columbia University OB-GYN to be sentenced for sexual abuse conviction
- Carlee Russell Admits Kidnapping Was a Hoax
- Michael Jordan and driver Tyler Reddick come up short in bid for NASCAR championship
- Sister Wives' Christine Brown Shares Engagement Photos With Her True Love David Woolley
Ranking
- Wicked Director Jon M. Chu Reveals Name of Baby Daughter After Missing Film's LA Premiere for Her Birth
- Vanderpump Rules' James Kennedy Adorably Reunites With Dog He Shared With Ex Raquel Leviss
- Get a $20 Deal on $98 Worth of Skincare From Peter Thomas Roth, Sunday Riley, Benefit, Elemis, and More
- Why Zendaya Will Be MIA From the 2023 Venice Film Festival
- Solawave Black Friday Sale: Don't Miss Buy 1, Get 1 Free on Age-Defying Red Light Devices
- Hailey Bieber Will Influence You to Try TikTok's Viral Latte Makeup Trend
- Robin Thicke's Fiancée April Love Geary Fires Back at Haters Who Criticize Her Photos
- Get a $198 J.Crew Dress for $32 and More Jaw-Dropping Deals Starting at $6
Recommendation
-
He failed as a service dog. But that didn't stop him from joining the police force
-
Who Is Ethan Slater? Everything You Need to Know About Ariana Grande's New Boyfriend
-
James Middleton's Comments About His Relationship With Sister Kate Middleton Are Royally Relatable
-
Ryan Reynolds and Rob McElhenney's Welcome to Wrexham Scores Season 2 Premiere Date
-
Where you retire could affect your tax bill. Here's how.
-
Why Oscar De La Hoya Says He Let Travis Barker and Shanna Moakler Raise Daughter Atiana
-
Miranda Lambert Says She Raised a Little Hell After Concert Selfie Incident
-
Shakira Is Facing Another Tax Fraud Investigation in Spain