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.