New Jersey’s casinos, horse tracks that take sports bets and their online partners won nearly $510 million from gamblers in May, an increase of 8.3% from a year earlier. Figures released Friday by state gambling regulators show that New Jersey's internet gambling industry continued its strong performance with its second-best month ever.
A gambler plays a card game at the Ocean Casino Resort in Atlantic City N.J. on May 21, 2024. Figures released June 14, 2024 by state gambling regulators show that New Jersey ’s casinos, horse tracks that take sports bets and their online partners won nearly $510 million from gamblers in May, an increase of 8.3% from a year earlier. A gambler plays a slot machine at the Ocean Casino Resort in Atlantic City N.J. on May 21, 2024.
“May provided a promising start for the summer season, and positive momentum has been building,” James Plousis, chairman of the New Jersey Casino Control Commission said in a statement. “Consumer interest has been strong, driven by must-see unique investments recently made in the casino hotels.” The casinos consider this type of revenue to be their core business because money won from sports betting or internet gambling must be shared with third parties, including tech platforms or sports books, and is not solely for the casinos to keep.
When sports betting and internet gambling money are included, Borgata won nearly $111 million, down 0.3%; Golden Nugget won $68.1 million, up 21.2%; Hard Rock won nearly $64 million, up 32.6% and Tropicana won $39.3 million, up 16.5%. Ocean won $39.1 million, up 16.5%; Bally’s won $23 million, up 14.3%; Harrah’s won $19.8 million, up nearly 4%; Caesars won $17.5 million, down nearly 5%; and Resorts won $13.5 million, down 0.4%.
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