New Jersey’s Gambling Revenues Increased Across the Board in December

The New Jersey Division of Gaming Enforcement has published the December 2023 total gaming revenue results. According to the regulator, the state’s gambling operators reported year-to-date revenue of almost $5.8 billion.

Segment by segment, New Jersey’s nine casino hotel properties earned $232.4 million for December 2023. This, according to the authority, reflects a year-on-year increase of 7.8%. In the meantime, year-to-date casino win for New Jersey’s nine casinos stood at $2.85 billion, reflecting growth of 2.2% compared to $2.79 billion for the prior year-to-date period.

Revenue from the online casino segment also increased. In December, The Garden State’s casinos and their online partners reported an internet gaming win of $180.3 million. This figure represents a 19.1% year-on-year growth, exceeding December 2022’s results by almost $30 million. For the year-to-date period, internet gaming win stood at $1.92 billion. This reflects a stellar year-on-year increase of 15.7%. For reference, New Jersey’s operators reported an internet gaming win of $1.66 billion for the prior year-to-date period.

The most significant revenue increase, however, was recorded by the sports betting segment. The vertical recorded revenue of $109.4 million for December 2023, reflecting a 24.8% increase compared to the $87.7 million posted in December 2022. In the meantime, the year-to-date period demonstrates an increase of 31.9% year-on-year to $1.01 billion. For comparison, the state’s sportsbooks recorded revenue of $763 million in the prior year-to-date period.

All Verticals Experienced Some Growth

New Jersey’s casinos, racetracks and their partners reported $522.2 million in total gaming revenue for December 2023. This figure translates to an increase of 14.8% from the $454.8 million reported in December 2022.

As mentioned, the year-to-date total gaming revenue in the state stood at $5.78 billion. This figure, representing the results of The Garden State’s casinos, racetracks and their partners, reflects an increase of 10.9% from the $5.21 billion reported in the prior year-to-date period.

New Jersey Casino Workers Continue to Fight for a Healthier Workplace

In the meantime, New Jersey’s casino workers continue their fight for a smoke-free work environment. As the state heads into 2024, proponents of a smoking ban hope to finally make a breakthrough and fix the loophole that exempts casinos from the Smoke-Free Air Act.

To that end, Senator Joe Vitale, a firm supporter of such a measure, introduced Senate Bill 1493. The bill is backed by 18 out of 40 senators.