NJ Total Gambling Revenue up 9.5% in April but In-Person Casino Revenue Was Down 1.6%
Updated: Jun 20
May 16, 2023 | usnews.com
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James Plousis, chairman of the New Jersey Casino Control Commission, said that even though April's casino revenue was down this year, it was still the second-strongest April in 11 years.
“Growth in internet gaming win and sports wagering revenue pushed Atlantic City’s total gaming revenue above $400 million for the second consecutive month, which is a positive more typically seen during summer,” he said. “As I regularly visit the casino hotels, I hear a lot of optimism that this will be a great summer in Atlantic City.”
NJ SEED: Gambling revenue figures continue to be strong. Wagering is popular and remains a great revenue source for the state. If the popularity of off-site betting continues to grow to the extent that on-site action decreases, it could spell problems not only for casinos but also for those sectors of the economy that support NJ’s casino industry.