New Jersey reports 10% increase in August total gaming revenue

The New Jersey Division of Gaming Enforcement has reported total gaming revenue of $470.7m for August 2022, a 10% increase from the $427.7m reported in August 2021.

New Jersey reports 10% increase in August total gaming revenue

Leading the way was Borgata, with the venue reporting total gaming revenue of $120.7m for the period.

The figure includes revenue reported by casinos, racetracks, and their partners. For the year-to-date, total gaming revenue reported by casinos, racetracks, and their partners is $3.38bn, a 13% increase from the $2.99bn reported in the prior-year period.

Based upon filings with the Division of Gaming Enforcement, total casino win for the nine casino hotel properties in the state for August 2022 was $274m, representing a 4% increase from the $262.4m reported for August 2021.

Year-to-date total casino win for the properties totalled $1.88bn, representing a 14% climb from the $1.65bn reported for the prior-year period.

Internet gaming win for casinos and their partners for the month of August amounted to $131.4m, up 16% from the prior-year period, when internet gaming win was $113.2m.

For the year-to-date period, internet gaming win totalled $1.08bn, representing a 25% increase from the $866.1m reported in the prior year-to-date period.

And sports wagering gross revenue reported by casinos, racetracks, and their partners was $65.3m for the month of August 2022, which reflects a 26% increase when compared to the $52m reported in August 2021.

For the year-to-date, sports wagering gross revenue was $418.9m, a 12% decline when compared to the $475.3m reported for the prior-year period.

Topics
OnlineLand-BasedCasinoFinancialSports Betting
Stay updated with GI
Follow Gambling Insider for independent news, analysis and industry expertise.
Peter Lynch
Journalist

Peter Lynch is a journalist and former Staff Writer for Gambling Insider, where he worked from October 2020 to March 2023. During his tenure, Peter was responsible for writing news articles and feature content that explored major developments across the global gambling and iGaming industries.

He regularly interviewed leading executives and industry figures to bring firsthand perspectives on regulatory changes, commercial strategy and emerging market trends to Gambling Insider’s professional B2B audience.

Visit Profile

Gambling Insider delivers the latest industry news, in-depth features, and operator reviews that you can trust. Our team combines rigorous editorial standards with decades of specialized expertise to ensure accuracy and fairness. We are committed to delivering clear, impartial, and dependable coverage across the global gambling sector.

More News