JERSEY CASINOS HAD A MERRY MONTH OF MAY: THE WIN WAS UP 15%

By James Hammer

New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $430.6 million from gamblers in May, up 15% from a year earlier.

And the casinos’ core business, revenue won from in-person gamblers, fell just short of the level of May 2019, before the coronavirus pandemic hit, an important metric for Atlantic City’s brick-and-mortar casino industry, whose revenue has been struggling to rebound from pre-pandemic levels.

The numbers do not include money the tracks won on horse races, which is reported separately to a different agency.

Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry, said the numbers show a continuing pattern of recovery for the resort’s casinos in the third year of the coronavirus pandemic.

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