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Wednesday, October 16, 2024

New Jersey Division of Gaming Enforcement announces August gaming revenue results

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Lyndsay V. Ruotolo First Assistant Attorney General | New Jersey Department of Law and Public Safety

Lyndsay V. Ruotolo First Assistant Attorney General | New Jersey Department of Law and Public Safety

The New Jersey Division of Gaming Enforcement announced the August 2024 total gaming revenue results.

Casino Win:

Based on filings with the Division of Gaming Enforcement, Casino Win for the nine casino hotel properties was $294.0 million for August 2024, reflecting an increase of 4.9% compared to $280.3 million reported in August 2023. Year-to-date Casino Win for the nine casino hotel properties was $1.92 billion, which is essentially flat compared to the year-to-date casino win for August 2023.

Internet Gaming Win:

For August 2024, Internet Gaming Win reported by casinos and their partners was $198.4 million, reflecting growth of 27.8% compared to $155.3 million reported in August 2023. For the year-to-date period, Internet Gaming Win reported by casinos and their partners was $1.52 billion, reflecting growth of 22.7% compared to $1.24 billion for the prior year-to-date period.

Sports Wagering Gross Revenue:

Sports Wagering Gross Revenue reported by casinos, racetracks, and their partners was $62.7 million for August 2024, reflecting a 34.7% decrease compared to $96.0 million reported in August 2023. Sports Wagering Gross Revenue reported by casinos, racetracks, and their partners was $715.8 million for the year-to-date period, reflecting a 19.7% increase compared to $597.9 million reported in the prior year-to-date period.

Total Gaming Revenue:

Total Gaming Revenue reported by casinos, racetracks, and their partners was $555.1 million for August 2024, reflecting a 4.4% increase from $531.6 million reported in August 2023. For year-to-date, Total Gaming Revenue reported by casinos, racetracks, and their partners was $4.16 billion, reflecting a 10.5% increase from $3.77 billion reported in the prior year-to-date period.

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