New Jersey overall gambling revenue up 10.4% in April, but in
ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that accept sports bets and their online partners won more than half a billion dollars from gamblers in April, an increase of 10.4% from a year earlier, state gambling regulators said Thursday.
But that was due in large part to the state’s second-best month ever for internet gambling. The industry’s key business — money won from in-person gamblers — continued to sag, down 6.3% from a year ago.
Figures released by the New Jersey Division of Gaming Enforcement show the casinos, tracks and their partners won nearly $511 million in April from in-person gambling, internet betting and sports bets.
But money from internet and sports bets must be shared with casino partners such as sports books and tech platforms and is not solely for the casinos to keep. For that reason, casinos consider in-person winnings to be their core business.