Another Good Month for Online Gambling in New Jersey
In what is becoming a trend, another strong month for online gaming helped Atlantic City’s casinos see a rise in revenue in October over October 2016.
The city’s casinos brought in $206.3 million for the month, a 1.7 increase over October 2016’s $203 million. Online gaming revenue accounted for $20.5 million, up nearly 23 percent over 2016.
Only the Borgata reported a decline according to figures released by the New Jersey Division of Gaming Enforcement. The casino was down 7.4 percent to $59.4 million, but was still easily the market leader for the resort. Borgata officials attributed the decline to customers having a particularly lucky month at table games, according to the Associated Press.
According to state Division of Gaming Enforcement, the Golden Nugget was up 17.5 percent to $24.2 million; Caesars was up 9.5 percent to $25.7 million; Resorts was up 4.7 percent to just under $15 million; Harrah’s was up 3.5 percent to $30.3 million; Bally’s was up 1.7 percent to $16.8 million, and the Tropicana was up 0.5 percent to $28.1 million.
October was the last month were revenue from the closed Trump Taj Mahal factors into the numbers. The casino closed in early October 2016. Without the Taj revenue, the remaining land-based casinos saw a 2.1 percent increase.
Online gaming was up more than 23 percent from last October. The Golden Nugget’s online operations won $6.1 million in October, followed by Borgata ($4.1 million); Resorts Digital ($3.47 million); Tropicana ($3.46 million), and Caesars Interactive-NJ ($3.3 million).
Through October, the resort’s casinos have won $2.2 billion, up more than 2 percent from 2016.