ATLANTIC CITY, NJ — Internet gambling revenues continue to rise in New Jersey, where online casinos are accounting for an increasing share of the gambling pie: Atlantic City casinos and their online partners won $182 million in Internet betting in February.
Figures released Friday by the state Division of Gaming Enforcement show that sports betting also did well in a month that included the Super Bowl.
These two more recent forms of gambling helped the casinos, racetracks that accept sports bets, and their online partners rake in more than $461 million in February, up 12% from February 2023.
But the news wasn’t all good: Atlantic City’s nine casinos won $211.5 million from personal gamblers, down 1.6% from a year earlier.
While the casinos collectively surpassed the $196 million they won from in-person gamblers in February 2019, before the COVID-19 pandemic hit, only three of the casinos individually won more in person in February than they did in February 2019.
“Remote gaming remains critical to Atlantic City’s gaming business, especially in the shoulder months when seasonal weather patterns are likely to keep gamblers at home,” said Jane Bokunewicz. “Despite an extra day in the month, a wet and wintry February kept brick-and-mortar revenues modest for Atlantic City casinos.”
The casinos consider personal gambling as their core business. Money from internet gambling and sports betting needs to be shared with third parties such as sportsbooks and technology platforms, and it’s not just up to the casinos to keep it.
With all three types of revenue combined, the Borgata took in more than $98 million, down 3.1% from a year earlier; Golden Nugget won $62.9 million, up more than 31%; Hard Rock won $55 million, up 24%; Ocean won $37.6 million, up almost 25%; and Tropicana won more than $30 million, up 15%.
Bally’s gained nearly $19 million, up nearly 5%; Harrah’s gained $18.7 million, down 11%; Caesars gained $16.2 million, down 15.5%; and Resorts gained $12.1 million, down 4.3%.
In terms of personal income, Borgata won $53.6 million, down 6.7%; Hard Rock won $41.1 million, up 9.6%; Ocean won more than $31 million, an increase of more than 18%; Harrah’s gained $18.2 million, down 14.7%; and Tropicana won $16.6 million, down 3.1%.
Caesars gained $16.4 million, down 13.7%; Resorts gained $12.2 million, down 3.6%; Golden Nugget won $11.6 million, up 4:, and Bally’s won $10.6 million, down more than 13%.
In terms of Internet-only entities, Resorts Digital, the casino’s online arm, won $72.2 million, up almost 50%, and Caesars Interactive Entertainment NJ won $5.5 million, down almost 33%.
In February, sports betting totaled more than $1 billion in New Jersey. Of that total, $67.5 million was retained as revenue by the casinos, tracks and their affiliates after paying out winning bets and other expenses.
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