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New Jersey Casinos Hit Historical $506 Million Revenue Level; Record-Breaking Borgata’s Performance
The New Jersey gambling industry generated a total of $506 million in revenues in July 2023, up 5.3 percent from the same period of the prior year. As Associated Press (AP) reports, New Jersey casinos, horse tracks, and their online arms and partners contributed to the result, with the Atlantic City-based Borgata casino achieving the best performance with the record-breaking revenue level of $127 million in July.
$ 506 Million in Revenues:
The industry reportedly won more than half a billion dollars in July from casino, internet and sports betting, but the land-based gambling facilities saw a 3% revenue decline when compared to July 2022 generating less than $290 million, according to AP.
Jane Bokunewicz, Read More