{"id":8510,"date":"2025-01-17T06:32:50","date_gmt":"2025-01-17T06:32:50","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/01\/17\/new-jersey-gaming-revenue-sees-mixed-results-in-december-2024\/"},"modified":"2025-01-17T06:32:50","modified_gmt":"2025-01-17T06:32:50","slug":"new-jersey-gaming-revenue-sees-mixed-results-in-december-2024","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/01\/17\/new-jersey-gaming-revenue-sees-mixed-results-in-december-2024\/","title":{"rendered":"New Jersey Gaming Revenue Sees Mixed Results in December 2024"},"content":{"rendered":"
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The New Jersey Division of Gaming Enforcement (DGE) reported total gaming revenue of $522.6 million for December 2024, showing a slight year-over-year decline of 0.1%. Despite minor setbacks in certain areas, growth in iGaming revenue offset some of the losses.<\/p>\n

Casino win remained the largest revenue source in December, totaling $231.8 million, a 0.3% drop compared to the same period last year. Borgata Atlantic City<\/a> led the pack with a $62.7 million casino win, marking a 6.8% increase year-over-year. In contrast, Bally\u2019s experienced the sharpest decline, with revenue falling 13.1% to just over $10 million.<\/p>\n

Slot machines generated nearly $168 million, a 4.2% decrease, while table games brought in $63.8 million, reflecting an 11.6% increase. Meanwhile, iGaming continued its impressive growth, recording $228 million in revenue, a 26.5% rise. Golden Nugget led in online gaming, with revenue climbing 25.3% to $66.2 million, followed by Resorts and Borgata, which reported increases of 26.7% and 31.2%, respectively.<\/p>\n

Sports Betting Takes a Hit<\/h2>\n

Sports wagering revenue experienced the steepest drop, falling 42.6% year-over-year to $62.8 million. Despite this, the Meadowlands Racetrack remained the top earner, contributing nearly $30.6 million, though it marked a 40.2% decline. Notably, Bally\u2019s Atlantic City and Harrah\u2019s were the only properties to see gains in sports betting revenue, with Harrah\u2019s posting a 44.5% year-over-year increase.<\/p>\n

For the full year, New Jersey\u2019s gaming industry generated $6.3 billion, a 9% increase over 2023. iGaming win stood at $2.39 billion, a 26.5% rise, while sports wagering revenue reached $1.09 billion, growing 8.7%. However, casino win declined slightly to $2.82 billion, down 1.1% from the previous year.<\/p>\n

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