New Jersey vs Pennsylvania total gaming revenue ($m)
January – July 2023
New Jersey (left bar on chart) Pennsylvania (right bar on chart)
Sources: New Jersey Division of Gaming Enforcement, Pennsylvania Gaming Control Board
- As we can see from out first graph, Pennsylvania generated more total gaming revenue than New Jersey in five out of seven months through January to July. In fact, it outperformed New Jersey for the first five months of 2023, although New Jersey amassed greater revenue for June and then significantly more for July.
- The highest individual monthly total came in March, when Pennsylvania saw $515.3m in total gaming revenue. New Jersey’s highest total was July’s, at $506.2m.
New Jersey vs Pennsylvania sports betting & iGaming ($m)
July 2023
Sources: New Jersey Division of Gaming Enforcement, Pennsylvania Gaming Control Board
- Taking the most recent available results at press time (July 2023), New Jersey comprehensively outperformed Pennsylvania when it came to sports and online casino. Its sports betting revenue was almost double that Pennsylvania’s, from sports betting handle (total bets/turnover) of almost twice as much, too.
- For online casino (iGaming), New Jersey also edged Pennsylvania out for July by over $20m in revenue.
New Jersey Vs Pennsylvania year-on-year increases in gaming revenue (%)
January - July 2023
Sources: New Jersey Division of Gaming Enforcement, Pennsylvania Gaming Control Board
- Our third graph compares monthly growth for the same period (January to July) in both New Jersey and Pennsylvania. For every month during the period, each state saw growth, although this was strongest in January, when New Jersey's gaming revenue rose 15% year-on-year - and Pennsylvania's 18%.
- Growth steadied as the first half of 2023 progressed, with Pennsylvania only seeing a 3% rise in April and, despite having its best month of the year in terms of revenue, New Jersey only enjoying 5% growth. Still, New Jersey saw double-digit growth in five out of a possible seven months; Pennsylvania saw double-digit growth four times.
New Jersey vs Pennsylvania land-based casino revenue ($m)
July 2023
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Sources: New Jersey Division of Gaming Enforcement, Pennsylvania Gaming Control Board
- Outside of sports and online casino, it’s interesting to note Pennsylvania was the stronger performer in terms of legacy retail verticals. New Jersey did generate a higher amount of slot machine revenue for July – but only just.
- Pennsylvania’s table games made over $10m more than New Jersey’s, however, ensuring its land-based casino revenue total for July surpassed that of the Garden State. That is a particularly notable statistic given New Jersey was so much higher in overall monthly gaming revenue.
New Jersey total gaming revenue broken down by operator/ segment ($m)
July 2023
Sources: New Jersey Division of Gaming Enforcement, Pennsylvania Gaming Control Board
- When broken down by operator, New Jersey’s July revenue was once again dominated by MGM Resorts’ Borgata, which brought in $127.6m in total gaming revenue (up 3% year-on-year).
- Other performers to stand out included Hard Rock Hotel & Casino Atlantic City (revenue: $62.8m), Resorts Digital (revenue: $59.5m) and Golden Nugget (revenue: $54m).
Pennsylvania total gaming revenue broken down by operator/ segment ($m)
July 2023
Sources: New Jersey Division of Gaming Enforcement, Pennsylvania Gaming Control Board
- Compared to New Jersey, Pennsylvania has far more operators that have contributed to its overall total, all with a smaller split.
- Hollywood Casino at Penn National Race Course generated the highest monthly total, at $70.1m, while the likes of Park Casino, Galley Forge Casino Resort and Wind Creek Bethlehem followed closely behind in the $50-57m region. Video gaming terminals and fantasy contests also produced just over $4m in revenue between them.
