The latest monthly revenue report from the New Jersey Division of Gaming Enforcement shows that the state’s licensed gambling operators including casinos, sports betting providers, and the horse tracks won over $450 million over the course of the month. This was an increase of over 70% on the same period last year while all nine casinos reported significant revenue increases from June 2021.
NJ Gambling Operators Report Huge Revenue Increases NJ Gambling Operators Report Huge Revenue IncreasesSpeaking of the latest figures James Plousis, chairman of the New Jersey Casino Control Commission said:
“The casinos’ recent positive momentum demonstrates Atlantic City’s resilience and should bolster confidence in the recovery of New Jersey’s tourism and gaming sector,”
Plousis also noted that July 2021’s revenue was 28% higher than the same period in 2019 when NJ casinos were working at full capacity.
NJ Gambling Operators Report Huge Revenue Increases NJ Gambling Operators Report Huge Revenue IncreasesJuly saw New Jersey gamblers place $578.7 million in sports wagers bringing the year-to-date sports betting handle to $5.5 billion. Resorts Digital leads the NJ sports betting market once again generating $10.5 million in revenue over $4 million more than its closet competitor Borgata. Basketball remains the most popular sport in New Jersey sportsbooks with the latest figures bringing the year-to-date handle for the sport to $1.7 billion.
