February sports bets, including the Super Bowl, totaled $847.4 million, with $54.6 million left after paying off winning bets and other expenses.īally’s in-person revenue was $12.2 million, up 14.3% from a year earlier Borgata won $57.4 million, up 8.8% Caesars won just over $19 million, up 1.4% Golden Nugget won $11.1 million, down nearly 14%. Internet gambling brought in $142.5 million, up nearly 10% from a year earlier.

The local market pie has grown, but the way that pie is cut has changed, shifting in favor of the newest entrants to the market.' Just three casinos - Borgata, Hard Rock and Ocean - won more from in-person gamblers last month than they did the year prior to the outbreak of the COVID-19 pandemic.Īs reported by the Associated Press, Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry, said: “Locally, the addition of two new casino resorts to the established seven has disrupted market share.

Up to 70% of online winnings are shared with these outside parties, according to casino executives.įrom on-site gambling, casinos won nearly $215 million, up 1.2% year-over-year. However, the industry’s core business, money won from in-person gamblers, was only up slightly for the month, and only three of nine casinos won more than they did in pre-pandemic 2019.Īccording to the figures released Thursday by the New Jersey Division of Gaming Enforcement show the casinos and tracks won over $412 million in February, up 10.4% year-over-year. Nonetheless, that number includes online winnings, which must be shared with third parties like sportsbooks and tech platforms, and is not exclusive for the casinos and tracks to keep. New Jersey’s casinos, horse tracks that take sports bets and the online partners of both types of gambling saw their revenue increase by 10.4% in February.

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