Atlantic City casinos had a solid month in July, driven by new venues, new products and a record online performance.
According to the New Jersey Division of Gaming Enforcement, AC’s nine gaming venues generated brick-and-mortar gaming win of $272.3m in July, a 10.1% improvement over July 2017’s result.
The year-on-year growth figure improves to 11.9% once you factor in the record $25.9m earned by the state’s online gambling operators last month along with the $1.6m in sports betting revenue generated by the three casino sportsbooks that were open for business in July. Throw in the $3.8m earned by sportsbooks at two state racetracks and the total gaming win jumps 12.8% to $302m.
Focusing on the brick-and-mortar aspect, July’s slots revenue was up 8.8% to $194.3m, while table games improved 13.7% to nearly $78m. For the year-to-date, brick-and-mortar win is down 1.9% to $1.39b, with slots flat at $1b and table games down 6.4% to $389.7m.