New Jersey Gambling Revenues Up Slightly for Month of November

Sports betting revenues dropped by 29.9% year-on-year

by - Tuesday, December 20th, 2022 9:05

casino gaming revenue

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%
  • New Jersey Gambling Revenues Up Slightly for Month of November
  • Ocean Casino Resort – $34.7 million – up 12.3%
  • Bally’s – $15.2 million – up 27.8%
  • Caesars – $19.1 million – up 11.5%
  • New Jersey Gambling Revenues Up Slightly for Month of November

The three casinos that reported a decrease in revenues are:

    New Jersey Gambling Revenues Up Slightly for Month of November New Jersey Gambling Revenues Up Slightly for Month of November New Jersey Gambling Revenues Up Slightly for Month of November

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 Gambling Revenues Up Slightly for Month of November 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.

Jenny Tang

An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.