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Tuesday, May 21, 2024

New Jersey Division of Gaming Enforcement Announces February 2024 Total Gaming Revenue Results

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Attorney General Matthew Platkin | Matthew Platkin Official photo

Attorney General Matthew Platkin | Matthew Platkin Official photo

ATLANTIC CITY — The New Jersey Division of Gaming Enforcement has released the total gaming revenue results for February 2024. According to the announcement, the data shows a mixed performance across different sectors of the gaming industry in the state.

Casino Win for the nine casino hotel properties in February 2024 was $211.6 million, marking a slight decrease of 1.6% compared to the previous year. The year-to-date Casino Win for these properties also saw a decrease of 2.4% compared to the prior year-to-date period.

On the other hand, Internet Gaming Win reported significant growth, with February 2024 recording $182.3 million, a substantial increase of 27.9% from the same month in 2023. The year-to-date Internet Gaming Win also showed strong growth of 23.7% compared to the previous year-to-date period.

In the realm of Sports Wagering Gross Revenue, the figures were positive, with a notable increase in February 2024. The revenue reported for this sector was $67.6 million, reflecting a 23.7% growth compared to February 2023. The year-to-date Sports Wagering Gross Revenue also demonstrated a significant 87.7% increase from the prior year-to-date period.

Overall, the Total Gaming Revenue reported by casinos, racetracks, and their partners in February 2024 was $461.5 million, representing a 12.0% increase from the same period in 2023. For the year-to-date total, the revenue amounted to $1.02 billion, indicating a substantial 20.2% increase from the prior year-to-date period.

These figures provide insight into the performance of the gaming industry in New Jersey, showcasing both areas of growth and decline in the various sectors.

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