New Jersey's casino and sports betting industry achieved a remarkable milestone in 2023, as operators and their online partners raked in a record-breaking $5.8 billion in revenue, according to figures released by the New Jersey Division of Gaming Enforcement. This represents an impressive 11% increase compared to the previous year.
However, the news was not entirely positive for Atlantic City's nine casinos, as two-thirds of them reported lower in-person gambling revenues than pre-pandemic levels. Only three casinos - the Borgata, Hard Rock, and Ocean - managed to surpass their 2019 earnings. Collectively, the casinos earned $2.8 billion from in-person gamblers, a feat largely attributed to the strength of the three newest establishments.
