{"id":7708,"date":"2023-06-24T15:21:41","date_gmt":"2023-06-24T13:21:41","guid":{"rendered":"https:\/\/casinosisters.com\/en\/?p=7708"},"modified":"2024-11-09T16:21:07","modified_gmt":"2024-11-09T15:21:07","slug":"new-jerseys-gambling-revenue-surges-to-471m-in-may-outpacing-michigans-earnings","status":"publish","type":"post","link":"https:\/\/casinosisters.com\/en\/new-jerseys-gambling-revenue-surges-to-471m-in-may-outpacing-michigans-earnings\/","title":{"rendered":"New Jersey&#8217;s Gambling Revenue Surges to $471m in May, Outpacing Michigan&#8217;s Earnings"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"683\" src=\"https:\/\/casinosisters.com\/en\/wp-content\/uploads\/sites\/2\/2023\/06\/new-jersey-city-1024x683.jpg\" alt=\"new jersey city\" class=\"wp-image-7709\" srcset=\"https:\/\/casinosisters.com\/en\/wp-content\/uploads\/sites\/2\/2023\/06\/new-jersey-city-1024x683.jpg 1024w, https:\/\/casinosisters.com\/en\/wp-content\/uploads\/sites\/2\/2023\/06\/new-jersey-city-300x200.jpg 300w, https:\/\/casinosisters.com\/en\/wp-content\/uploads\/sites\/2\/2023\/06\/new-jersey-city-768x512.jpg 768w, https:\/\/casinosisters.com\/en\/wp-content\/uploads\/sites\/2\/2023\/06\/new-jersey-city-1536x1024.jpg 1536w, https:\/\/casinosisters.com\/en\/wp-content\/uploads\/sites\/2\/2023\/06\/new-jersey-city-60x40.jpg 60w, https:\/\/casinosisters.com\/en\/wp-content\/uploads\/sites\/2\/2023\/06\/new-jersey-city-48x32.jpg 48w, https:\/\/casinosisters.com\/en\/wp-content\/uploads\/sites\/2\/2023\/06\/new-jersey-city-120x80.jpg 120w, https:\/\/casinosisters.com\/en\/wp-content\/uploads\/sites\/2\/2023\/06\/new-jersey-city-203x135.jpg 203w, https:\/\/casinosisters.com\/en\/wp-content\/uploads\/sites\/2\/2023\/06\/new-jersey-city.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>In May, New Jersey&#8217;s combined revenue from casinos, horse tracks that accept sports bets, and their online partners reached nearly $471 million, according to figures released by state gambling regulators. This figure represents a 9.4% increase from the same period last year, significantly outpacing the $185.8m reported by Michigan&#8217;s online gambling sector in the same month.<\/p>\n\n\n\n<p>However, the revenue derived from in-person gamblers, a key metric for casinos, saw a slight dip of 2.4% from a year ago, amounting to $227.3 million. This contrasts with Michigan&#8217;s online casino gaming gross receipts, <a href=\"https:\/\/www.igbnorthamerica.com\/michigan-online-gambling-revenue-hits-185-8m-in-may\/\" rel=\"noopener\"><u>which contributed a substantial $150.6m<\/u><\/a> to the state&#8217;s total revenue.<\/p>\n\n\n\n<p>Interestingly, only three of the nine casinos in New Jersey \u2014 Borgata, Hard Rock, and Ocean \u2014 reported higher earnings from in-person gamblers this May compared to May 2019, before the impact of the coronavirus pandemic. This suggests that while online gambling is thriving, the recovery of in-person gambling to pre-pandemic levels is still a work in progress.<\/p>\n\n\n\n<p>The comparison of these two states&#8217; gambling revenues done <a href=\"https:\/\/agamble.com\/\" rel=\"noopener\"><u>by online gambling comparison site aGamble.com<\/u><\/a> highlights the growing importance of online platforms in the gambling industry. While New Jersey&#8217;s total gambling revenue surpasses that of Michigan, the latter&#8217;s focus on online platforms has allowed it to generate significant revenue, despite having a smaller market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In May, New Jersey&#8217;s combined revenue from casinos, horse tracks that accept sports bets, and their online partners reached nearly $471 million, according to figures released by state gambling regulators. This figure represents a 9.4% increase from the same period last year, significantly outpacing the $185.8m reported by Michigan&#8217;s online gambling sector in the same [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7709,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/casinosisters.com\/en\/wp-json\/wp\/v2\/posts\/7708"}],"collection":[{"href":"https:\/\/casinosisters.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casinosisters.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casinosisters.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/casinosisters.com\/en\/wp-json\/wp\/v2\/comments?post=7708"}],"version-history":[{"count":2,"href":"https:\/\/casinosisters.com\/en\/wp-json\/wp\/v2\/posts\/7708\/revisions"}],"predecessor-version":[{"id":7738,"href":"https:\/\/casinosisters.com\/en\/wp-json\/wp\/v2\/posts\/7708\/revisions\/7738"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/casinosisters.com\/en\/wp-json\/wp\/v2\/media\/7709"}],"wp:attachment":[{"href":"https:\/\/casinosisters.com\/en\/wp-json\/wp\/v2\/media?parent=7708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casinosisters.com\/en\/wp-json\/wp\/v2\/categories?post=7708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casinosisters.com\/en\/wp-json\/wp\/v2\/tags?post=7708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}