New Jersey internet gambling sets new record at $198M in revenue, but land casinos lag
The good news for Atlantic City's casino industry is that internet gambling had its best month ever in August, bringing in more than $198 million
ATLANTIC CITY, N.J. (AP) — Internet gambling in New Jersey had its best month ever in August, bringing in over $198 million in revenue even as most of Atlantic City's land-based casinos continued to win less than they did before the COVID-19 pandemic.
Figures released Monday by the New Jersey Division of Gaming Enforcement show that internet gambling brought in $198.4 million, the highest monthly total ever recorded in the state and an increase of nearly 28% from a year earlier.
That was the good news for Atlantic City's gambling industry.
The bad news was that their core business — money won from in-person gamblers — continues to struggle. Six of the nine casinos won less from people physically in their premises than they did in August 2019, before the pandemic broke out.