New Jersey’s online gambling market continues its red-hot, record-breaking, revenue-generating trend in November. In contrast, physical casinos continue to fall short of pre-pandemic revenue levels.

The New Jersey Division of Gaming Enforcement confirms that internet gambling generated over $214 million in November, narrowly edging last month’s $213 million milestone.

Garden State Continues to Break Records

James Plousis, chairman of the New Jersey Casino Control Commission, acknowledged the new record: “The continuing success of online gaming and sports wagering has helped total gaming revenue achieve its best November monthly result in over a decade.” 

This new record does not exactly underline excellence for land-based casinos in the state. They had to share their internet gambling revenues with partners like online sportsbooks and tech platforms. In-person gambling remains their core business, and revenues from this sector have not been superb in the last few years.

November saw physical casinos collectively match their pre-pandemic in-person revenue total of $223.9 million. However, only Hard Rock, Resorts, and Oceans exceeded their November 2019 revenue, the month before the COVID-19 outbreak.

The reduced appeal for in-person gambling became more apparent following the virus outbreak, which forced casinos to close down for three and a half months in 2020. Since then, internet gambling acceptance has soared massively in New Jersey. This month’s $214 million record revenue marks an almost 25% increase from last year.

Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry, noted that New Jersey’s digital gambling market has exceeded $200 million in revenue in the last three months.

Online Sports Betting Continues to Boom

When internet and sports betting revenue is included, the casinos, two horse tracks that take sports bets, and their online and tech partners won $556 million in November, a 15.4% increase. That was helped by two additional weekend days in November that did not occur in November 2023.

Borgata won a combined $122.6 million in November, over a 25% increase from a year earlier. Resorts gained nearly $101 million, up nearly 28%; Golden Nugget won nearly $77 million, up 26%; Hard Rock won $63.5 million, up over 21%; Ocean won $39.8 million, up 8.6%; Bally’s won $24.5 million, up over 24%; Harrah’s won $18.5 million, down 4.4%; Tropicana won $16.6 million, down 7.3%, and Caesars won $16.5 million, down 7.4%.

The calculations for in-person revenue only were a bit less colorful for these casinos. Borgata generated $57.5 million, up 11.4% from a year earlier; Hard Rock won $44.3 million, up 7.1%; Ocean won $34 million, up 8.2%; Harrah’s won $18.5 million, down 5.6%; Tropicana won $16.7 million, down 6.6%; Resorts won $13.9 million, up nearly 12%; Golden Nugget won $11.7 million, up 6.7%, and Bally’s won $10.8 million, down 10.3%.

Sports betting attracted $1.2 billion in bets and generated about $119 million in revenue in November.