Last updated: August 14, 2024
In June 2024, New Jersey reported $491 million in gaming revenue, marking a 7.4% annual increase. Casino winnings reached $244.1 million, sports wagering declined by 9.5% to $60.1 million, and internet gaming surged by 25.2% to $186.8 million. Overall, the state’s gaming sector continues to thrive, reflecting a robust market presence.
According to New Jersey’s report, the total amount of gaming revenue in June 2024 worth 491 million USD which 7%. 4% even with the year before and a total that is now standing at $3. 06 billion has been realised for the state so far.
An affirmative annual increase in total gaming revenue which is categorized into three different parts is established by the recent revelation by New Jersey Division of Gaming Enforcement.
Total casino winnings, the first of the measures, reached $244 in June of this year. A total of $241 million at nine casino hotel locations in New Jersey, and one percent more than the amount of $241 recorded in the prior year in the same month. 6 million. The state profits nonetheless from this relatively minor raise by the total casino winnings for the year are now $1. 36 billion because of this recently released financial statistic.
From $66. 4 million in June of 2023 up to $ 60. 1 million in June 2024, New Jersey’s Gross Revenue for sports betting reduced by 9. 5%. Currently totaling $573. 1m, the year to date gross revenue acquired through sports betting for 2024 is thirty per cent higher than that of the same period in the previous year although the state has not stated why this is the case.
The money spent through the internet betting in June of this year was $186 in total. 8 million, a 25. That is two per cent extra over the $ 149. 3 million seen in the same month the previous year with a slight variation. At $1. 13 billion, the current yearly total for this sector is also 21 % higher. 4% from the previous year and created a sales of £ 17 billion, and the unit sales increased to 597.
Thus, the development of New Jersey’s increased investment in the entire US gaming industry we also note the annual growth of the state’s gaming revenues for 8%. 3% in May 2024.
