Current:Home > ContactInternet gambling revenue continues to soar in New Jersey. In-person revenue? Not so much. -RiskWatch
Internet gambling revenue continues to soar in New Jersey. In-person revenue? Not so much.
View
Date:2025-04-12 20:30:11
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! (27579)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Kickoff Pride Month with Kate Spade Outlet's Super Cute Pride Collection, with Deals Starting at $29
- 2024 Kids' Choice Awards nominees announced
- 'Piece by Piece' trailer tells Pharrell Williams' story in LEGO form: 'A new type of film'
- Meta releases AI model to enhance Metaverse experience
- Middle school crossing guard charged with giving kids marijuana, vapes
- Not 'brainwashed': Miranda Derrick hits back after portrayal in 'Dancing for the Devil'
- Analysis: This NBA Finals will show if the Celtics are ready for pressure
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Last time Oilers were in Stanley Cup Final? What to know about Canada's NHL title drought
Ranking
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Jennifer Aniston Becomes Emotional While Detailing Her Time on Friends
- MLB Misery Index: White Sox manager Pedro Grifol on the hot seat for MLB's worst team
- Oklahoma softball sweeps Texas in WCWS finals to capture fourth straight national title
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Police won’t bring charges after monster truck accident injures several spectators
- Tom Bower, 'The Waltons' and 'Die Hard 2' actor, dies at 86: 'An extraordinary human being'
- Alec and Hilaria Baldwin announce new reality show about life with 7 young children
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Stranger Things' Joe Keery Breaks Silence on Big Breakup From Maika Monroe
Ironworker dies after falling nine stories at University of Chicago construction site
World War II veteran, 102, dies in Germany while traveling to France for D-Day ceremonies
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Massachusetts House approves sweeping housing bill
Heather Rae and Tarek El Moussa Clap Back at Criticism Over Playful Marriage Video
Disinformation campaign uses fake footage to claim attack on USS Eisenhower