sportsbook
General Business

Sports Wagering Drives Gaming Revenues in July

The New Jersey Division of Gaming Enforcement has announced the July 2024 total gaming revenue.

Total gaming revenue reported by casinos, racetracks, and their partners was $547.8 million for July, reflecting an 8.2% increase from $506.2 million reported in July 2023. For year-to-date, total gaming revenue reported by casinos, racetracks, and their partners was $3.61 billion, reflecting an 11.5% increase from $3.23 billion reported in the prior year-to-date period.

Sports wagering gross revenue reported by casinos, racetracks, and their partners was $80.0 million for July, reflecting a 31.2% increase when compared to $61.0 million reported in July 2023. Sports sagering gross revenue reported by casinos, racetracks, and their partners was $653.1 million for the year-to-date period, reflecting a 30.1% increase when compared to $501.8 million reported in the prior year-to-date period.

Casino win for the nine casino hotel properties was $272.3 million for July, reflecting a decrease of 6.1% when compared to $290.0 million reported in July 2023. Year-to-date casino win for the nine casino hotel properties was $1.63 billion, which is a decrease of 1.0% compared to the year-to-date casino win for July 2023.

Internet gaming win reported by casinos and their partners was $195.4 million, reflecting growth of 25.9% when compared to $155.2 million reported in July 2023. For the year-to-date period, internet gaming win reported by casinos and their partners was $1.33 billion, reflecting growth of 22.0% when compared to $1.09 billion for the prior year-to-date period.

To access more business news, visit NJB News Now.

Related Articles: