New Jersey’s internet gambling market set another record in October, the latest proof that people are betting more of their money online rather than coming to Atlantic City to gamble it in person
ATLANTIC CITY, N.J. — New Jersey's internet gambling market set another record in October, the latest proof that people are betting more of their money online rather than coming to Atlantic City to gamble it in person.
Figures released Monday by the New Jersey Division of Gaming Enforcement show the casinos and their online partners won $213.6 million in October, surpassing September's previous record of $208 million.
When in-person casino winnings, internet and sports betting revenue are included, the nine casinos, two horse tracks that take sports bets and their online partners won just under $500 million in October, an increase of 2.6% from a year ago.
But internet and sports betting money is not solely for the casinos to keep; it must be shared with outside parties including sports books and tech platforms. For that reason, the casinos consider money won from in-person customers to be their core business.
And that business continues to lag for two-thirds of the casinos. Only three casinos — Borgata, Hard Rock and Ocean — won more from in-person gamblers last month than they did in October 2019, before the COVID-19 pandemic hit.
The swing toward internet gambling and away from in-person casino gambling accelerated during the pandemic, and is becoming a more permanent feature of New Jersey's gambling landscape.
Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry, said the trend is becoming more obvious.
“Despite a historically dry and very mild
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