New Jersey has nine casino hotel properties that had good results last month.
The financial results for June show that the total revenue for casinos, racetracks and their partners hit $400 million. An increase of 2.2% was observed when compared to the same month a year ago.
The total gaming revenue for the gambling venues until the end of June this year was $2.43 billion. The year-to-date total gaming revenue stopped at $2.11 billion last year. On a year-to-date basis, the total gaming revenue increased by more than 15%.
According to a breakdown provided by the DGE, the total casino win for the nine hotel casino properties last month was $229.1 million, up 6.8% when compared to the $214.5 million in casino win from June 2021. On a year-to-date basis, strong growth was observed. The year-to-date win for the state’s casinos is up 18% when compared to the same period last year.
In June last year, internet gaming win reported by casinos and their partners was $107 million, but in last month’s month it was $131 million. The year-to-date results for internet gaming win increased even more. The year-to-date gaming win for internet operations is up 28.4% when compared to the same period in the previous year.
Sports wagering operations decreased in comparison to the good results. In June, casinos, racetracks and their partners reported $39.2 million in sports wagering gross revenue, a decrease of 44.9% when compared to the same period last year.
The venue with the biggest increase in revenue last month was Bally’s. In June, Bally’s total gaming revenue hit $17.7 million, up 52.2% when compared to the $11.6 million in gaming revenue reported for June 2021.
There was success for Hard Rock last month. In June, the property had a total gaming win of $52.1 million, up 25.2% from the same month last year.
Ocean Casino had a successful month in June. The venue brought in $32.2 million in gaming revenue last month. The total gaming win reported for June of last year was $26.7 million.
The New Jersey Division of Gaming Enforcement (DGE) released the financial results for June, showing that the total revenue for casinos, racetracks and their partners hit $401.5 million. When compared to the $392.8 million reported for the same month last year, an increase of 2.2% was observed. Year-to-date total gaming revenue for the gambling venues until the end of June this year hit $2.43 billion.