New Jersey’s online and retail sportsbooks produced $114.8 million in revenue for the month of November off of nearly $1.3 billion in wagering, according to the New Jersey Division of Gaming Enforcement.
That makes the Garden State the nation’s first to generate more than $100 million in operator revenue in a single month.
In total, New Jersey’s online and retail sportsbooks handled $1.26 billion in wagers in November, the third consecutive month with wagering over $1 billion, according to official reporting released Thursday. Betting volume was up 35.2% from the $931.6 million generated in November 2020.
Casinos are also doing well in the state, as Thursday’s figures show every casino reporting higher revenue in November than it did a year earlier.
Borgata was tops at nearly $90 million, up over 44% from a year ago; Hard Rock Hotel & Casino won over $43 million, up over 25%; Ocean Casino Resort won nearly $31 million, up over 30%; and Tropicana won just over $30 million, up 47%.
Harrah’s won $22.5 million, up over 78%; Caesars won over $17 million, up more than 34%; Resorts won $12.2 million, up 37%; Golden Nugget won $11.9 million, up 35%; and Bally’s also won $11.9 million, up 83% from a year ago.
Jane Bokunewicz, director of the Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism at Stockton University, which studies the Atlantic City casino industry, said the casinos made strong in-person revenue gains in September and October, but slid back in November “with the return of colder weather and the resurgence of COVID-19 infection rates.
