NJ Casino, Sports Bet, Online Revenue Down Slightly in Oct.

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NJ Casino, Sports Bet, Online Revenue Down Slightly in Oct.
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Figures released Thursday by the New Jersey Division of Gaming Enforcement showed that news for the most important metric for the Atlantic City casino industry was mixed.

Four casinos — Borgata, Hard Rock, Ocean and Resorts — had higher in-person revenue last month than they did in October 2019. The remaining five — Bally's, Caesars, Golden Nugget, Harrah's and Tropicana — had less of this type of revenue.

Caesars won $17.5 million from in-person gamblers, also down more than 17%; Tropicana won $17.3 million, down 18.3%; Resorts won $12.9 million, down 11.6%; Golden Nugget won just over $12 million, down 15.8%, and Bally's won $10.8 million, down 13.4%. The association, which is the trade group for the Atlantic City casinos, also noted that only three casinos — Hard Rock, Borgata and Ocean — have won more from in-person gamblers over the first 10 months of this year than they did over the first 10 months of 2019.

Tropicana won $25.3 million, down 18.7%; Harrah's won $20.3 million, down 16.4%; Caesars won just over $18 million, down 17.5%; Bally's won %15.5 million, up 20%, and Resorts won nearly $13 million, down 11.5%.

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