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Wednesday, December 18, 2024

New Jersey reports increased gaming revenues for November and year-to-date

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J. Stephen Ferketic Director | New Jersey Division of Criminal Justice

J. Stephen Ferketic Director | New Jersey Division of Criminal Justice

The New Jersey Division of Gaming Enforcement has released the gaming revenue results for November 2024. The figures show growth in several areas compared to the previous year.

Casino win for the nine casino hotel properties reached $223.9 million, marking a 4.2% increase from $214.9 million in November 2023. However, the year-to-date casino win saw a slight decrease of 1.1%, totaling $2.59 billion compared to last year's figures.

Internet gaming win showed significant growth, with November 2024 revenues at $214.0 million, up by 24.7% from $171.6 million in November 2023. Year-to-date internet gaming win also rose by 23.8%, reaching $2.16 billion.

Sports wagering gross revenue experienced a substantial increase as well, reporting $119.0 million for November 2024—a rise of 24.1% from $95.9 million in the same month last year. The year-to-date sports wagering revenue grew by 15%, amounting to $1.03 billion.

Overall, total gaming revenue reported by casinos, racetracks, and their partners was $556.9 million for November 2024, reflecting a 15.4% increase over the previous year's figure of $482.4 million. Year-to-date total gaming revenue increased by 9.9%, reaching $5.78 billion compared to last year's total of $5.26 billion.

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