Another month, another record smashed for New Jersey internet gambling
Associated PressATLANTIC CITY, N.J. — New Jersey’s red-hot internet gambling market continued to smash records in November, even as revenue inside physical casinos continued to lag behind pre-pandemic levels at six of Atlantic City’s nine casinos, numbers released Monday show. The New Jersey Division of Gaming Enforcement said internet gambling brought in just over $214 million in November, narrowly eclipsing the previous record of $213 million set a month earlier. Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry, noted that New Jersey’s internet gambling market exceeded $200 million for the third month in a row. When internet and sports betting revenue is included, the casinos, two horse tracks that take sports bets and their online and tech partners won $556 million in November, an increase of 15.4%. Resorts, which is allied with DraftKings with a retail location and online operations, had nearly $38 million in sports betting revenue in November, nearly double the amount from a year earlier.