The latest monthly revenue report from the New Jersey Division of Gaming Enforcement has revealed that combined gambling revenues for the month of November came to $441.1 million.
November’s figures represent a drop of 1% on the $445.7 million reported in the previous month and a marginal increase of 0.3% on the same period in 2021. This brings the year-to-date total to $4.76 billion, an increase of 9.8% on the same period in 2021.
Casino win
Land-based casinos reported revenues of $214.5 million. This was down from the $220.6million reported in October and a 3.7% increase year-on-year. This brings the year-to-date total casino win for the nine casino hotel properties to $2.57 billion, reflecting growth of 9.7% compared to the same period in 2021.
For the month of November, six of the city’s nine casinos reported increases in casino win year-on-year.
- Borgata – $106.9 million – up 19.1%
- Resorts – $12.3 million – up 1.2%
- Ocean Casino Resort – $34.7 million – up 12.3%
- Bally’s – $15.2 million – up 27.8%
- Caesars – $19.1 million – up 11.5%
- Golden Nugget – $49 million – up 11.6%
The three casinos that reported a decrease in revenues are:
- Hard Rock – $41.5 million – down 4.5%
- Tropicana – $26.3 million – down 12.4%
- Harrah’s – $20.5 million – down 9%
Internet gaming
The month of November saw online gambling operators report $146.2 million in revenues up 23.9% year-on-year and an increase of $1 million compared to October’s figures. This brings the year-to-date total to $1.5 billion.
Sports betting
New Jersey sports betting revenue decreased by 29.9% year-on-year as sportsbooks reported $80.4 million in revenue from just over $1.1 billion in wagers. Of that figure $1.03 million came through mobile sportsbooks. This brings the year-to-date total sports betting revenue to $675.2 million.
An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.