New Jersey internet gambling sets new record at $198M in revenue, but land casinos lag

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New Jersey internet gambling sets new record at $198M in revenue, but land casinos lag
Internet GamblingATLANTIC CITY
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ATLANTIC CITY, N.J. (AP) — Internet gambling in New Jersey had its best month ever in August, bringing in over $198 million in revenue even as most of...

ATLANTIC CITY , N.J. — Internet gambling in New Jersey had its best month ever in August, bringing in over $198 million in revenue even as most of Atlantic City's land-based casinos continued to win less than they did before the COVID-19 pandemic.

When money from sports betting and internet gambling is included, the amount won by the casinos, the two horse tracks that accept sports bets and their online partners was over $555 million, an increase of 4.4% from a year ago. Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling market, said the numbers show how important internet gambling is becoming to the resort.

When internet and sports betting money is included, Borgata won $125.5 million, up 6.4%; Hard Rock won nearly $72 million, up 21.5%; Golden Nugget won $69.7 million, up nearly 29%; Ocean won $49.1 million, up 10.1%; Tropicana won $46.5 million, up nearly 41%; Bally's won nearly $29 million, up 24.3%; Harrah's won $27.2 million, up 11%; Caesars won $24.1 million, up 9.3%; and Resorts won $16.2 million, down 8.3%.

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