Atlantic City Casinos Win $506 Million in July

08/22/2023
News
Online Casino New Jersey

Highlights

  • Online gaming brought in over $155 million.
  • Borgata Hotel Casino & Spa earned over $127 million.
  • Hard Rock generated over $62 million.

Over half a billion dollars was won by New Jersey casinos in July, an increase of 5.3% from last year. The month was good, according to the recent New Jersey Division of Gaming Enforcement figures. The revenue was generated from casino gaming, sports betting, and racetracks. In total, gambling services in the Garden State brought in $506.2 million. Add in online wagering and the total jumps to $3.23 billion, an increase of 11%!

Online Gaming Continues to See Growth

For July, the online gambling win came in at just over $155 million. This was a growth rate of 13.5% when compared to last year’s $136.7 million. So far this year, the online industry has brought in $109 billion. This is growth of over 14% from the same time in 2022.

Players are still logging online in record numbers to enjoy online slots, table games, live dealer, and more. There are so many options in play, which gives members a variety of gaming to pick from. Online casino operators continue to add new games so their player pool will return again and again to experience more games.

Online operations have not slowed down over the past year and are not expected to. We do see the occasional dip in earnings, but for the most part, the iGaming sector continues to be on the up and up as more options are offered and players continue to log online to play.

Earnings by Operator

As far as individual operators are concerned, the Borgata Casino ended up with the highest earnings. The brand brought in $127 million, which is an almost 3% increase from last year. The casino believes the strong revenues were based on recent developments within the hotel, including renovations within the MGM Tower and the former Water Club hotel. There is also a new high-limit slots lounge and dining options.

Hard Rock came in second, bringing in over $62 million. This was an increase of around 5%. The Golden Nugget generated close to $54 million, and the Ocean Casino came in at $42.4 million. Tropicana earned just over $32 million.

Harrah’s and Caesars brought in $25.2 million and $25.1 million, with Harrah’s down about 4.2% and Caesars dropping 1.5%. Bally’s was up over 16% from last year with $24.1 million in earnings. Resort Casino Hotel was down over 16% though, with only $15.3 million in earnings. 
For online gaming, Resorts Digital brought in over $59 million. Caesars Entertainment Interactive experienced a large dip in earnings, with an almost 22% drop to $8.5 million.

Hard Rock Launches Online Gaming Platform

At the same time as revenue reports came in, Hard Rock Casino was celebrating the release of its integrated iGaming platform. Hard Rock Bet is now live in New Jersey, offering online casino games, sports betting, and rewards in a single platform.

Players can visit HardRock.bet or use an Android or iOS device to download the gaming app. The launch marks the first time the new proprietary online casino option is live in the United States. It’s easy to access and offers all the best slots, table games, and live dealer. New games are added regularly so players always have something different to explore.

Hard Rock Bet claims to now provide an upgraded and seamless experience. User flow for signup, log-in, and banking transactions are faster and more efficient. Players in New Jersey can enjoy a revitalized rewards program via Hard Rock Bet Loyalty Rewards. Rewards are connected across the sportsbook and online casino platforms.

The online Rewards Store has prizes and experiences that are constantly updated. The options include cash, prizes, play/bets, and spins of the Mystery Wheel. Players can check out the new option now by visiting Hard Rock Bet online or downloading the easy-to-use app.

Having started in 2005 as an online writer, Sadonna has focused on the online gambling industry, with a keen knowledge of various subjects. Sadonna has followed the growing US-based gambling industry for decades, covering all the legal changes in the nation as well as information on land-based and online casinos. She enjoys updating fellow gamblers on new games, casino bonuses, and additional information for premium gaming services. In her spare time, Sadonna loves spending time with her family and singing on Smule. Sadonna hopes to continue working in the online gambling industry and building quality articles for players to learn more about the US market.