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New Jersey Gambling Revenue Tops $500M In July, With Internet Gaming Bringing In $155M

New Jersey announced its financial results for July 2023, revealing a total gaming revenue of $506.2 million, a 5% year-over-year increase.

New Jersey July Gambling Report
Photo by PlayUSA
Katarina Vojvodic Avatar
2 mins read

New Jersey had another successful month, reporting yearly increases across all gaming verticals, except for land-based casinos, in July.

Atlantic City casinos, their online casinos, sportsbook partners and NJ horse tracks won more than half a billion dollars ($506,155,257) from gamblers in July, showing a year-over-year  increase of more than 5%.

New Jersey internet gaming brought in $155.2 million in July, a 13.5% increase from July 2022, with Borgata being the most successful operator.

Revenue from sports betting increased 35.6% year-over-year. Meanwhile, brick-and-mortar casinos in New Jersey brought in $290.0 million in July, a 3% decrease year over year.

New Jersey gambling revenue surpasses $500M in July

In July, New Jersey casinos, racetracks and their partners won $506.2 million. The figure is a 5.3% increase from the $480.7 million reported in July last year. Here’s the total breakdown:

  1. Borgata won $127.7 million, up 2.9%
  2. Hard Rock won $62.7 million in July, up 4.8%
  3. Golden Nugget won nearly $54 million, up 9.8%
  4. Ocean won $42.4 million, down 2%
  5. Tropicana won $32.3 million, down 9.8%
  6. Harrah’s won $25.2 million, down 4.2%
  7. Caesars won $25.1 million, down 1.5%
  8. Bally’s won $24.1 million, up 16.1%
  9. Resorts won $15.3 million, down 162%

Year-to-date, total gaming revenue was $3.23 billion, an 11.0% increase from $2.91 billion reported in the prior period.

NJ online casino win shows a 13.5% increase year over year

According to a news release issued by the New Jersey Division of Gaming Enforcement (NJDGE), online casino revenue in July was $155.2 million in July. The number is a 3.95% monthly increase from the $149.3 million generated in June. July revenue figure is also a 13.5% increase from July 2022’s $136.7 million.

July 2023 revenue by online casino operator

  1. Borgata: $42,995,859
  2. Resorts Digital: $40,570,833
  3. Golden Nugget: $39,787,349
  4. Caesars Interactive: $8,556,978
  5. Bally’s: $6,829,889
  6. Hard Rock: $6,687,917
  7. Tropicana: $5,435,131
  8. Ocean Casino: $4,301,099

For the year-to-date period, online gaming revenue reported by casinos and their partners was $1.09 billion. The number represents a growth of 14.2% compared to $951.2 million for the prior year-to-date period.

Physical casino revenue decreases by 3% year over year; Borgata holds top spot

According to the NJDGE report, nine casino hotel properties in New Jersey won $290.0 million in July. That includes wins from physical poker, slots and table games. The number is a 3.0% decrease compared to $299.0 million from the same time last year.

Borgata was the most successful throughout July, generating more than $78.5 million in casino wins. Apart from Borgata, only Bally’s and Hard Rock reported a yearly increase. Here’s how much each operator earned:

  1. Borgata: $78,550,354 (2.4% yearly increase)
  2. Hard Rock: $53,059,268 (0.3% increase)
  3. Ocean Casino: $37,719,121 (6.6% yearly decrease)
  4. Harrah’s: $25,229,950 (4.5% decrease)
  5. Caesars: $24,858,542 (1.2% yearly decrease)
  6. Tropicana: $24,146,255 (13.6% decrease)
  7. Bally’s: $17,203,588 (2.3% yearly increase)
  8. Resorts: $15,214,118 (16.1% decrease)
  9. Golden Nugget: $13,995,573 (3.4% yearly decrease)

Year-to-date casino win for the nine casino venues was $1.65 billion, reflecting a 2.3% increase from $1.61 billion for the prior year-to-date period.

July sports betting revenue shows biggest year-over-year increase

Revenue from New Jersey sports betting was $61.0 million in July. The number is a 35.6% increase compared to the $45.0 million generated in the prior period. At the same time, the figure is a slight drop from June’s sports betting revenue of $66.4 million.

During last month, Resorts Digital reported the highest sports betting win of almost $19 million, up 124% from last year.

Katarina Vojvodic Avatar
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Katarina Vojvodic is a lead writer for PlayUSA who lives in Toronto. Vojvodic provides coverage of the US gambling industry with a focus on US online casinos. Previously, she covered Ontario’s online gambling industry for PlayCanada.com. Vojvodic holds a master’s degree in journalism from the University of Belgrade. Outside working hours, she can be found near the water with her husband and their two kids.

View all posts by Katarina Vojvodic

Katarina Vojvodic is a lead writer for PlayUSA who lives in Toronto. Vojvodic provides coverage of the US gambling industry with a focus on US online casinos. Previously, she covered Ontario’s online gambling industry for PlayCanada.com. Vojvodic holds a master’s degree in journalism from the University of Belgrade. Outside working hours, she can be found near the water with her husband and their two kids.

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