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Monday, November 25, 2024

New Jersey Division of Gaming Enforcement Reports Strong March 2024 Total Gaming Revenue

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Attorney General Matthew Platkin | Matthew Platkin Official photo

Attorney General Matthew Platkin | Matthew Platkin Official photo

The New Jersey Division of Gaming Enforcement has revealed the total gaming revenue results for March 2024, showcasing positive growth across various sectors. According to the report, the Casino Win for the nine casino hotel properties in March 2024 was $239.8 million, marking a 4.9% increase from the previous year's $228.6 million. Year-to-date, the Casino Win reached $656.1 million, slightly up by 0.1% compared to the prior year-to-date period.

In terms of Internet Gaming Win, casinos and their partners reported $197.2 million for March 2024, reflecting a significant growth of 19.0% compared to March 2023. The year-to-date Internet Gaming Win stood at $562.8 million, showing a 22.0% increase from the previous year-to-date period.

The Sports Wagering Gross Revenue for March 2024 was reported at $89.7 million, indicating a slight decrease of 3.6% from the previous year. However, the year-to-date Sports Wagering Gross Revenue showed a substantial 49.1% increase, reaching $328.0 million.

Overall, the Total Gaming Revenue reported by casinos, racetracks, and their partners in March 2024 was $526.6 million, marking an impressive 8.1% increase from March 2023. Year-to-date, the Total Gaming Revenue reached $1.55 billion, reflecting a significant 15.7% increase from the prior year-to-date period.

The Division of Gaming Enforcement's press release further details the revenue results and can be accessed for additional information.

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