Atlantic City Casinos' Retail Revenue Surges To $299 Million In July

Author: Live Casino Direct
 
Atlantic City Casinos' Retail Revenue Surges To $299 Million In July
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July's total of $299 million in brick-and-mortar casino revenue is the highest since January 2014. Sports wagering revenue totaled $45 million, a 14.7% increase from June. Online casino gaming revenue reached $136. 7 million. The overall gaming revenues of nearly $480 million was 19.8% higher than June and a 6.3% improvement on last year's $450.6 million total. iGaming accounted for $20.5 million of that amount and casinos for almost $19. 6 million for the year.

Table games revenue reached $83.1 million for July, 43.2% more than June. Year-to-date table games revenues totaled $432.9 million. Slots revenue increased 26.8% from June to $215.7 million in July. The Borgata and Hard Rock saw the biggest year-over-year increases in revenue. Ocean Resorts improved 33. 2% to $40.4 million and Bally's gained 3.5% to  $16. 8 million year over year. Harrah's had the worst falloff of 9% with $26. 4 million loss.

Atlantic City Casinos' Retail Revenue Surges To $299 million in July. Sportsbook operators reported an 8.5% hold for July, their best mark against New Jersey’s betting public since a 9.1% win rate last November. Just over half of operator revenue came from parlays, totaling $22.9 million. It was the 11th consecutive month New. Jersey sportsbooks claimed at least $20 million, with a 4.4% revenue hold. The public has held its own this season when it comes to baseball wagering in the Garden State, limiting the house to $25. 1 million from $664.2 million for a 3.8% success rate.

Atlantic City Casinos' Retail Revenue Surges To $299 million in July. Borgata and Golden Nugget pace iGaming revenue. Resorts Digital placed third. Caesars reached all-time monthly high of $10.9 million.