In November 2023, the gambling revenue in New Jersey increased by 9.4% compared to the previous year, reaching a total of $482.4 million. However, this was a decrease from the previous month, with October 2023 reporting a revenue of $487.1 million. This trend of declining monthly revenue continued throughout the second half of 2023, with October figures 6.6% behind September’s revenue of $521.5 million.

The nine casino hotel properties reported a casino win of $214.9 million, which was a slight increase of 0.2% from the previous year. This was due to a 2.7% increase in slot machine play, but a 6.5% drop in table games revenue. MGM Resorts’ Borgata remained the most lucrative property in the state, despite a 6.1% decrease in casino win compared to the previous year. Bally’s experienced the largest year-on-year growth, with a casino win increase of over 20%.

Internet gaming win in November 2023 was reported at $171.6 million, a 17.4% increase from the previous year. For the year-to-date period, internet gaming win reported by casinos and their partners was $1.74 billion, reflecting a growth of 15.4% compared to the prior year-to-date period. Golden Nugget led internet gaming in New Jersey with a win of $50.1 million, up 32.9% year-on-year.

Sports wagering gross revenue reported by casinos, racetracks, and their partners was $95.9 million, a 19.2% increase from the previous year. The total sports wagering handle in November was $1.6 billion, up 45% from the same month in the previous year.

Overall, for the year to date, total gaming revenue reported by casinos, racetracks, and their partners was $5.3 billion, reflecting a 10.5% increase from the prior year-to-date period. Year-to-date casino win for the nine casino hotel properties was $2.6 billion, up 1.8% compared to 2022. Internet gaming win reported by casinos and their partners was up 15.4% to $1.7 billion, and sports wagering gross revenue for the year-to-date period was $897.2 million, a 32.9% increase from the previous year. Total sports wagering handle was $10.7 billion, up 8.0%.

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