Tag: Hard Rock NJ
January Numbers Bode Well for New Jersey Gaming Market
Atlantic City’s brick-and-mortar casinos won $211.6 million from in-person gamblers in January, a 15.3% increase from one year ago, while New Jersey’s online casinos also had a profitable month, indicating that the state’s gaming industry is continuing to grow. Read on for a closer look at January’s gambling numbers and how they could impact New Jersey’s gaming revenue in 2023.
The Current State of New Jersey Gambling — NJ Online Casinos & Atlantic City Casinos
New Jersey casinos are facing challenges from competition and potential market plateau, but have succeeded in their profits through investments and diversification of their gaming products. To maintain its momentum, casino executives should embrace sports betting and esports and offer more options to attract customers.
New Jersey’s Online Gaming Industry Sets Record High Revenues in 2022
New Jersey’s gambling revenue hit an all-time high in 2022, reaching $5.2 billion. This record-breaking success can be attributed to the growth in online casinos and sports betting, which helped to contribute to the bottom line of the industry. According to figures released by the New Jersey Division of Gaming Enforcement, casinos, horse tracks, and […]