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Wednesday, October 16, 2024

New Jersey reports increases in gaming revenue across multiple sectors

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Attorney General Matthew Platkin | Matthew Platkin Official photo

Attorney General Matthew Platkin | Matthew Platkin Official photo

ATLANTIC CITY — The New Jersey Division of Gaming Enforcement today announced the May 2024 total gaming revenue results.

Based on filings with the Division of Gaming Enforcement, Casino Win for the nine casino hotel properties was $239.1 million for May 2024, reflecting an increase of 5.2% compared to $227.3 million reported in May 2023. Year-to-date Casino Win for the nine casino hotel properties was $1.11 billion, which is essentially flat compared to the year-to-date Casino Win for May 2023.

For the month of May 2024, Internet Gaming Win reported by casinos and their partners was $192.1 million, reflecting growth of 19.0% compared to $161.4 million reported in May 2023. For the year-to-date period, Internet Gaming Win reported by casinos and their partners was $942.8 million, reflecting growth of 20.6% compared to $781.5 million for the prior year-to-date period.

Sports Wagering Gross Revenue reported by casinos, racetracks, and their partners was $78.8 million for May 2024, reflecting a decrease of 4.2% compared to $82.2 million reported in May 2023. Sports Wagering Gross Revenue reported by casinos, racetracks, and their partners was $513.0 million for the year-to-date period, reflecting an increase of 37.0% compared to $374.5 million reported in the prior year-to-date period.

Total Gaming Revenue reported by casinos, racetracks, and their partners was $510.0 million for May 2024, reflecting an increase of 8.3% from $470.9 million reported in May 2023. For year-to-date Total Gaming Revenue reported by casinos, racetracks, and their partners was $2.57 billion, reflecting an increase of 13.1% from $2.27 billion reported in the prior year-to-date period.

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