New Jersey sees uptick in total gaming revenue in June

The New Jersey Division of Gaming Enforcement reported YoY upticks in casino and internet gaming wins in June, but a drop in sports betting revenue.
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The New Jersey Division of Gaming Enforcement (DGE) has published the state’s gaming revenues and win totals for June, reporting year-over-year upticks in casino and internet gaming wins, but a drop in sports betting revenue compared to the previous year.

Total gaming revenue reported by the Garden State’s casinos, racetracks, and their partners for June was $401.5m, a 2.2% increase YoY from June 2021’s $392.8m.

For year-to-date, total gaming revenue is currently standing at $2.43bn, a 15.2% improvement on the $2.11bn reported in the same period the previous year.

The DGE declared that the total casino win for the nine casino hotel properties was $229.1m for June 2022, a 6.8% uptick YoY (June 2021: $214.5m). Year-to-date, total casino win stands at $1.31bn, an 18% growth compared to $1.11bn recorded at this point last year.

Per casino vertical, slot machines recorded revenues of $171.1m, an 11% improvement YoY (2021: $154.1m), while table games earned $58.1m in turnover, a 3.9% decrease YoY (2021: $60.4m).

Borgata led all other casino operators during the month with $54.3m, a 4.1% drop YoY (June 2021: $56.6m), followed by Hard Rock with $44.6m, a 26.6 uptick YoY (2021: $35.2m), and Ocean Casino with $29.7m, a 29.4% improvement YoY (2021: $22.9m).

The DGE reported an internet gaming win of $133.1m for June, a 24.4% growth YoY (2021: $107.1m). Year-to-date, internet gaming win is currently at $814.5m, a 28.4% improvement on the previous year (2021: $634.2m).

Per internet gaming operator, Borgata led the way with $40.5m, an 18.1% YoY rise (2021: $34.32m). Golden Nugget Online Gaming followed with $35.7m, up 29.4% YoY (June: 2021: $27.6m), then Resorts Digital with $28m (June 2021: $22.52m).

New Jersey’s sports wagering gross revenue for June stood at $39.2m, a 44.9% decrease YoY (2021: $71.3m). Year-to-date, the figure for the state is currently $308.7m, a 16.2% decline YoY (2021: $368.3m).

The Garden State’s total sports wagering handle for the month was $633.2m, with $588.9m of that handle coming from online sports betting.

Per operator, Meadowlands/FanDuel/PointsBet led the way in terms of revenue with $21.4m (2021: $44.5m), followed by Borgata/BetMGM with $4.8m (2021: $6.85m), DraftKings/Resorts/FoxBet with $4.6m (2021: $13m), and Tropicana/William Hill with $3.2m (2021: $98,781).

Last week at the SBC Summit North America Player Protection Symposium, David L Rebuck, Director of the DGE, stated New Jersey embraced internet gaming in 2013 in the face of its potential problems because it helped to protect the state’s gaming industry.

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