Atlantic City’s gross gaming revenue grew steadily in March, with year-over-year increases both online and on the casino floor, according to numbers released Tuesday by the New Jersey Division of Gaming Enforcement. His total March gaming revenue reported by casinos, racetracks, and their partners was $526.6 million, an 8.1% increase from the total reported in March 2023. Year-to-date, his total gaming revenue reported by casinos, racetracks and their partners was $1.55 billion. This reflects a 15.7% increase from his $1.34 billion in the same period last year.
Internet gaming winnings set a monthly record in March at $197.2 million. This reflects a 19% growth compared to his reported $165.7 million in March 2023. Year-to-date, internet gaming winnings reported by the casino and its partners are $562.8 million, reflecting his 22% growth compared to his $461.2 million in the same period last year. doing.
Casino winning results remained steady as Atlantic City posted its best March performance in 12 years. Casino acquisitions for the nine casino hotel properties in March were $239.8 million, an increase of 4.9% compared to the $228.6 million reported in March 2023. Year-to-date casino acquisitions for the nine casino hotel properties were $656.1 million, an increase from the previous year. This is a 0.1% decrease compared to $655.3 million in the same period last year.
“Casino hotels continue to add great amenities and memorable in-person experiences that create synergies between online and traditional gaming,” said James Prusis, chairman of the New Jersey Casino Control Commission. “Online gamers have a unique opportunity to enjoy a diverse range of experiences at Atlantic City’s destination resorts.”
“Total gaming revenue set a new high for monthly revenue in the near future in March. In-store revenue for the month also increased by nearly 5% compared to March 2023, the highest in 2012. It was the best month of March,” said Dean Jane Bochnewicz. said the Lloyd D. Levenson Institute for Gaming, Hospitality and Tourism Research at Stockton University School of Business.
Total sports betting revenue reported by casinos, racetracks, and their partners was $89.7 million in March, a decrease of 3.6% compared to the $93 million reported in March 2023. Total sports betting revenue reported by casinos, racetracks and their partners was $328 million in March. This reflects a 49.1% increase compared to his $220 million in the same period last year.
“Even though sports betting handles for the month were near record highs, Atlantic City sportsbooks were 33% lower than last March, but still improved year-to-date by nearly 39% compared to 2023.” The game was up 19% compared to March 2023, marking the highest single-month revenue ever for the Men’s and Women’s NCAA Basketball Championship Tournament, likely due to patrons sampling online. may have indirectly benefited from increased online gaming activity centered around March Madness. You can receive casino offers while waiting for the results of the game,” Bochnevich said.
