The state’s gaming income for August was released by the New Jersey Division of Gaming Enforcement (NJDGE), showing growth in a number of areas. $555.1 million was made from casinos, iGaming, sports betting, and racetracks combined. When compared to the same time last year, this is a 4.4% increase.
The casino win for the state saw a 4.9% rise year-over-year, bringing in $294 million. New Jersey’s nine casino properties have collectively generated $1.92 billion so far this year, reflecting the industry’s steady performance.
iGaming has been another significant contributor to the state’s success. August recorded $198.4 million in revenue from iGaming, a remarkable 28% increase from the same month last year.
While the overall gaming market in New Jersey flourished, sports betting saw a sharp decline. Year-over-year revenue from sports wagering dropped by nearly 35%, totaling $62.7 million in August. Despite this, the state’s total gaming revenue for the year has reached $4.16 billion, a 10.5% improvement over the previous year.