{"id":8762,"date":"2024-02-20T00:00:00","date_gmt":"2024-02-20T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-posts-559-1m-in-january-for-total-gaming-revenue-up-28p\/"},"modified":"2024-02-20T00:00:00","modified_gmt":"2024-02-20T00:00:00","slug":"new-jersey-posts-559-1m-in-january-for-total-gaming-revenue-up-28p","status":"publish","type":"america","link":"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-posts-559-1m-in-january-for-total-gaming-revenue-up-28p\/","title":{"rendered":"New Jersey posts $559.1m in January for total gaming revenue, up 28%"},"content":{"rendered":"<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><strong>Sports wagering gross revenue increased by 136.1%. <\/strong><\/span><\/span><\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">New Jersey has posted its gaming revenue numbers for January, showing overall growth despite a decrease in in-person revenue from casinos.&nbsp;<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.mundovideo.com.co\/assets\/international\/new-jersey-posts-559-1m-in-january-for-total-gaming-revenue-up-28p2.jpg\" style=\"width:100%\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><strong>Casino win<\/strong><\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">&nbsp;<\/span><\/span><\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">While it was a positive month for the Garden State, casino win fell during the opening month of 2024. For the nine casino hotel properties, casino win was valued at $205m, representing a decrease of 3.1% when compared to the same period last year.&nbsp; Looking on an individual basis, Harrah&rsquo;s saw the largest decrease in casino win within the state, seeing a 20.9% fall in its numbers to $15.9m. Though the Borgata brought in the largest casino win at $57.6m, this was still a decline of 1.2% for the resort when compared to the year prior.&nbsp;<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><strong>Sports wagering gross revenue.<\/strong><\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">&nbsp;<\/span><\/span><\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Sports wagering gross revenue saw a significant increase, rising by 136.1% to $170.8m in January, with five of the reported casinos seeing growth of over 200%, including Harrah&rsquo;s whose revenue from the sector went up by 679.6% to $418,378.&nbsp;<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.mundovideo.com.co\/assets\/international\/new-jersey-posts-559-1m-in-january-for-total-gaming-revenue-up-28p3.jpg\" style=\"width:100%\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><strong>Internet gaming win<\/strong><\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">&nbsp;<\/span><\/span><\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Internet gaming win reported by the casinos and their partners was less significant than the previous metric in terms of growth, making $183.3m. This reflects an increase of 19.9% when compared to the $152.9m reported in January 2023.&nbsp;<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><strong>Total gaming revenue<\/strong><\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">.<\/span><\/span><\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Overall and as a result of a generally positive set of results, total gaming revenue also grew, being valued at $559.1m for January 2024. This is a year-over-year increase of 28%.&nbsp; In other news within the state, the New Jersey State Senate has received a new bill that would permit smoking in the state&rsquo;s casinos <\/span><\/span><span style=\"color:#000000\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">&ldquo;with some restrictions.&rdquo;&nbsp;<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Jersey has posted its gaming revenue numbers for January, showing overall growth despite a decrease in in-person revenue from casinos.<\/p>\n","protected":false},"author":1,"featured_media":8763,"menu_order":255,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[1470,1728],"class_list":["post-8762","america","type-america","status-publish","format-standard","has-post-thumbnail","tag-new-jersey","tag-revenue","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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