New Jersey’s gambling industry has broken records with a total gain of $454.8 million in December 2022 — a 13% increase compared to the same period last year. According to the New Jersey Division of Gaming Enforcement (NJDGE), this figure matches an all-time high that was last seen 17 years ago.
All verticals recorded an increase, with sports betting seeing the largest increase of $87.7 million in December, an uptick of nearly 50%. Online casinos and poker rooms revenue rose up 13.7% to $151.45 million. Meanwhile, slot machines recorded $153.98 million as revenue, which amounts to a 2.3% increase from $150.47 million of the same period in 2021, just as table games revenue stood at $61.64 million.
Across the state’s land-based casinos, Borgata comes out on top with a revenue increase of $60.48 million — an 11.4% increase. This is followed by Hard Rock’s $37.45 million and Ocean Casino Resort’s 11.3 per cent increase to $29.49 million.
On the online front, Borgata continues to lead with a December revenue of $43.7 million, which is a rise of 18%. Resorts Digital comes up second with $40.39 million, which is an uptick of 22.7%, with Golden Nugget Online Gaming not far behind at $37.78 million, up 14.9%.
Overall, internet gaming win rose 13.7% to reach $151.5 million, while gaming win for New Jersey’s nine casino hotel properties was $215.6 million for the month — a 1.8% increase.