NEW JERSEY SEES UPTICK IN TOTAL GAMING REVENUE IN THE PAST MONTH

The New Jersey Division of Gaming Enforcement (DGE) has published the state’s gaming revenues and win totals for June, reporting year-over-year upticks in casino and internet gaming wins, but a drop in sports betting revenue compared to the previous year. Total gaming revenue reported by the Garden State’s casinos, racetracks, and their partners for June was $401.5m, a 2.2% increase YoY from June 2021’s $392.8m. For year-to-date, total gaming revenue is currently standing at $2.43bn, a 15.2% improvement on the $2.11bn reported in the same period the previous year.

The DGE declared that the total casino win for the nine casino hotel properties was $229.1m for June 2022, a 6.8% uptick YoY (June 2021: $214.5m). Year-to-date, total casino win stands at $1.31bn, an 18% growth compared to $1.11bn recorded at this point last year. Per casino vertical, slot machines recorded revenues of $171.1m, an 11% improvement YoY (2021: $154.1m), while table games earned $58.1m in turnover, a 3.9% decrease YoY (2021: $60.4m).

Borgata led all other casino operators during the month with $54.3m, a 4.1% drop YoY (June 2021: $56.6m), followed by Hard Rock with $44.6m, a 26.6 uptick YoY (2021: $35.2m), and Ocean Casino with $29.7m, a 29.4% improvement YoY (2021: $22.9m). The DGE reported an internet gaming win of $133.1m for June, a 24.4% growth YoY (2021: $107.1m). Year-to-date, internet gaming win is currently at $814.5m, a 28.4% improvement on the previous year (2021: $634.2m).
Per internet gaming operator, Borgata led the way with $40.5m, an 18.1% YoY rise (2021: $34.32m). Golden Nugget Online Gaming followed with $35.7m, up 29.4% YoY (June: 2021: $27.6m), then Resorts Digital with $28m (June 2021: $22.52m). New Jersey’s sports wagering gross revenue for June stood at $39.2m, a 44.9% decrease YoY (2021: $71.3m). Year-to-date, the figure for the state is currently $308.7m, a 16.2% decline YoY (2021: $368.3m). The Garden State’s total sports wagering handle for the month was $633.2m, with $588.9m of that handle coming from online sports betting.