NEW JERSEY GAMBLING SECTOR’S TOTAL REVENUE WAS NEARLY $463 MILLION IN APRIL

The New Jersey Division of Gaming Control presented its regular monthly financial report. According to the data, total gambling revenues in April were $462.7 million. On a year-over-year basis, this is an increase of 9.5%, as the figure for April 2022 was $422.5 million. However, in March the sector earned almost 5% more – 487 million dollars.

The state’s traditional casino segment recorded cumulative revenue of $231.5 million in April. The number is 1.6% higher than last year’s result. The numbers were also up 1.2 percent from March, when revenue was $228.6 million.

Of the ten establishments, only two reported an increase in profitability on an annualized basis. Golden Nugget earned $13.1 million in April, an increase of 6.6%. Ocean Casino reported $34.2 million, a 30.3% improvement. Bally’s, Borgata, Caesars, Resorts, Hard Rock, Harrah’s and Tropicana saw declines, in some cases up to 13%. In the first four months of the year, the total income reached $886.7 million. That’s up 4.6 percent from $847.9 million last year.

  • iGaming operators earned $158.9 million in April, up 16.1% year-on-year. However, the March figure was 4.1% higher, when $165.7 million was reported. Year-to-date, total revenue was $620.1 million, up 13.7% year-over-year.

New Jersey sports betting operators took bets totaling $833.9 million in April. The increase compared to March was 18.3%. Of that amount, mobile betting brought in most of it, $798.5 million. Retail bookmakers reported $35.4 million. Total revenue has amounted to $3.7 billion since the beginning of the year and $72.3 million for the month, which is 43.6% more than last year.

Read the news and articles section on Bonus Hunting to keep up with the latest news in online gambling.

New Casinos
5.0 rating
FULLY ANONYMOUS
No KYC
5.0 rating
1st Deposit Bonus
180% up to 1 BTC
5.0 rating
Welcome Package
200% up to €25,000 + 50 Free Spins
4.8 rating
Sign Up Bonus
100% + 100 Free Spins
4.8 rating
Welcome Package
375% up to 1 BTC + 185 Free Spins

Subscribe to Newsletter

no bullshit