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New Jersey’s Combined Gambling Revenues for February Up 10.4% YoY

March 21, 2023 2


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New Jersey's Combined Gambling Revenues for February Up 10.4% YoY

New Jersey’s combined gambling revenues for February amounted to $412 million, up by 10.4% YoY but down by 5.6% from January. Land-based casinos accounted for $215 million of the total revenue, with five of the nine casinos reporting YoY increases in casino win. The Borgata had the highest revenue at $101.2 million, up by 7.4% YoY. Online gambling revenues for February were $142.6 million, a YoY increase of 9.7%, and sports betting operators reported accepting $847.4 million in wagers, with mobile sportsbooks accounting for $801.4 million of that figure. The following casinos reported YoY revenue increases in February: Borgata ($101.2 million, up by 7.4%), Bally’s ($12.2 million, up by 49%), Caesars ($19 million, up by 0.7%), Harrah’s ($21.3 million, up by 7.4%), and Hard Rock ($37.5 million, up by 0.8%). The following casinos reported YoY revenue decreases: Golden Nugget ($11.1 million, down by 13.9%), Tropicana ($17.2 million, down by 0.5%), Resorts ($12.6 million, down by 5.4%), and Ocean Casino Resort ($26.2 million, down by 2.2%).

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