{"id":98361,"date":"2019-02-14T10:22:07","date_gmt":"2019-02-14T18:22:07","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=98361"},"modified":"2019-02-14T10:22:07","modified_gmt":"2019-02-14T18:22:07","slug":"new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/","title":{"rendered":"New Jersey Gaming Revenue Soars 25 Percent in January, But Atlantic City Casinos Struggle"},"content":{"rendered":"

New Jersey gaming revenue jumped nearly 25 percent in January. Atlantic City operations, online casinos, and sports betting collectively won more than $229.6 million.<\/p>\n

\"New
Hard Rock Atlantic City helped drive total New Jersey gaming revenue higher in January. (Image: Wayne Parry\/AP)<\/figcaption><\/figure>\n

Land-based gross gaming revenue (GGR) in Atlantic City totaled $177.2 million, a 9.2 percent increase compared to the same month in 2018. Internet casinos won $33.6 million, a 53 percent surge, and sportsbooks kept $18.77 million in bets.<\/p>\n

New Jersey gaming income was $45.3 million more in January 2019 compared with the previous year.<\/p>\n

\n

Atlantic City held its own in January, a month when gaming figures have traditionally dropped off,\u201d New Jersey Casino Control Commission Chairman James Plousis told the Press of Atlantic City<\/i>. “The figures seem to be a good first chapter for Atlantic City’s 2019 gaming story.”<\/p>\n<\/blockquote>\n

Atlantic City casinos won $2.85 billion last year<\/a>, the market’s best number since 2013.<\/p>\n

Dissecting Revenue Report<\/b><\/h2>\n

The headline that GGR is up almost 25 percent in New Jersey reads well. However, not everything is as it appears.<\/p>\n

\n

The financial filing from the Division of Gaming Enforcement (DGE) shows that January was a cold month for Atlantic City casinos’ land-based operations. Borgata, the top revenue earner, saw its win decrease six percent to $53.6 million.<\/p>\n<\/div>\n

Bally’s fell five percent, Harrah’s 8.6 percent, and Golden Nugget 9.6 percent. The biggest loser was Caesars, which saw GGR plummet 21.3 percent to $17.1 million, a loss of more than $4.6 million.<\/p>\n

Only Resorts recorded a land-based gaming revenue win \u2013 up 8.8 percent to $12.6 million.<\/p>\n

The total land-based revenue increase of course comes from the introductions of Hard Rock and Ocean Resort. The Boardwalk properties respectively generated $15.5 million and $12.3 million in casino win.<\/p>\n

The addition of sports betting \u2013 which also wasn’t in operation in January 2018 but was last month \u2013 delivered an additional $9.7 million to Atlantic City casinos. Sportsbooks at Meadowlands ($7 million) and Monmouth Park ($2 million) helped the overall New Jersey gaming revenue picture.<\/p>\n

Sports Betting Expansion<\/b><\/h2>\n

New Jersey is one of the seven states that has joined Nevada in allowing full-scale sports betting. And handle \u2013 aka total bets placed \u2013 continues to grow in the Garden State.<\/p>\n

Oddsmakers printed $385.28 million worth of ticket slips last month, the state’s all-time best since the activity went live last June.\u00a0Resorts and its mobile partner DraftKings reported the largest sports betting win, with revenue coming in at nearly $6.9 million. Ocean Resort’s William Hill sportsbook was next at $1.2 million.<\/strong><\/p>\n

All nine Atlantic City casinos have land-based sportsbooks<\/a>, as does the Monmouth and Meadowlands horse racetracks. Numerous mobile betting platforms are additionally up and running.<\/p>\n

The $18.77 million win comes before New Jersey sportsbooks suffered a loss during Super Bowl 53 earlier this month. The DGE said oddsmakers took $34.89 million in bets, but paid out $39.46 million after heavy action on the winning New England Patriots.<\/p>\n

DraftKings spun the statewide loss by saying, “If our customers are winning, we’re winning.”<\/p>\n","protected":false},"excerpt":{"rendered":"

New Jersey gaming revenue jumped nearly 25 percent in January. Atlantic City operations, online casinos, and sports betting collectively won more than $229.6 million. Land-based gross gaming revenue (GGR) in Atlantic City totaled $177.2 million, a 9.2 percent increase compared to the same month in 2018. Internet casinos won $33.6 million, a 53 percent surge, […]<\/p>\n","protected":false},"author":25,"featured_media":98366,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[],"acf":[],"yoast_head":"\nNew Jersey Gaming Revenue Soars 25 Percent, Atlantic City Struggles<\/title>\n<meta name=\"description\" content=\"New Jersey gaming revenue jumped nearly 25 percent in January, but land-based operators in Atlantic City saw their casino wins diminish.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Jersey Gaming Revenue Soars 25 Percent, Atlantic City Struggles\" \/>\n<meta property=\"og:description\" content=\"New Jersey gaming revenue jumped nearly 25 percent in January, but land-based operators in Atlantic City saw their casino wins diminish.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-14T18:22:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/02\/Sports_Betting-Hard_Rock_Casino_51559-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"3648\" \/>\n\t<meta property=\"og:image:height\" content=\"2736\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O'Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O'Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/\",\"url\":\"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/\",\"name\":\"New Jersey Gaming Revenue Soars 25 Percent, Atlantic City Struggles\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/02\/Sports_Betting-Hard_Rock_Casino_51559-1.jpg\",\"datePublished\":\"2019-02-14T18:22:07+00:00\",\"dateModified\":\"2019-02-14T18:22:07+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"New Jersey gaming revenue jumped nearly 25 percent in January, but land-based operators in Atlantic City saw their casino wins diminish.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/02\/Sports_Betting-Hard_Rock_Casino_51559-1.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/02\/Sports_Betting-Hard_Rock_Casino_51559-1.jpg\",\"width\":3648,\"height\":2736,\"caption\":\"Hard Rock Atlantic City helped drive total New Jersey gaming revenue higher in January. (Image: Wayne Parry\/AP)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Commercial Gaming\",\"item\":\"https:\/\/www.casino.org\/news\/commercial-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"New Jersey Gaming Revenue Soars 25 Percent in January, But Atlantic City Casinos Struggle\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\",\"name\":\"Devin O'Connor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"caption\":\"Devin O'Connor\"},\"description\":\"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/devinoconnor\/\",\"https:\/\/x.com\/CasinoorgDevinO\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New Jersey Gaming Revenue Soars 25 Percent, Atlantic City Struggles","description":"New Jersey gaming revenue jumped nearly 25 percent in January, but land-based operators in Atlantic City saw their casino wins diminish.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"New Jersey Gaming Revenue Soars 25 Percent, Atlantic City Struggles","og_description":"New Jersey gaming revenue jumped nearly 25 percent in January, but land-based operators in Atlantic City saw their casino wins diminish.","og_url":"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2019-02-14T18:22:07+00:00","og_image":[{"width":3648,"height":2736,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/02\/Sports_Betting-Hard_Rock_Casino_51559-1.jpg","type":"image\/jpeg"}],"author":"Devin O'Connor","twitter_card":"summary_large_image","twitter_creator":"@CasinoorgDevinO","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Devin O'Connor","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/","url":"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/","name":"New Jersey Gaming Revenue Soars 25 Percent, Atlantic City Struggles","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/02\/Sports_Betting-Hard_Rock_Casino_51559-1.jpg","datePublished":"2019-02-14T18:22:07+00:00","dateModified":"2019-02-14T18:22:07+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf"},"description":"New Jersey gaming revenue jumped nearly 25 percent in January, but land-based operators in Atlantic City saw their casino wins diminish.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/02\/Sports_Betting-Hard_Rock_Casino_51559-1.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/02\/Sports_Betting-Hard_Rock_Casino_51559-1.jpg","width":3648,"height":2736,"caption":"Hard Rock Atlantic City helped drive total New Jersey gaming revenue higher in January. (Image: Wayne Parry\/AP)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/new-jersey-gaming-revenue-soars-25-percent-atlantic-city-struggles\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Commercial Gaming","item":"https:\/\/www.casino.org\/news\/commercial-gaming\/"},{"@type":"ListItem","position":3,"name":"New Jersey Gaming Revenue Soars 25 Percent in January, But Atlantic City Casinos Struggle"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf","name":"Devin O'Connor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","caption":"Devin O'Connor"},"description":"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.","sameAs":["https:\/\/www.linkedin.com\/in\/devinoconnor\/","https:\/\/x.com\/CasinoorgDevinO"],"url":"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/98361"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=98361"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/98361\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/98366"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=98361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=98361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=98361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}