New Jersey gambling regulators’ figures showed Atlantic City’s nine casinos recorded gross operating profit of $140.4 million in the first quarter of 2024, down 9.6% year on year. Including internet-only entities, profit was $155.4 million, an 8.7% decline; two casinos reported operating losses.
The results give operators and investors a comparison of Atlantic City casino profitability and online-entity performance.
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Indiana casinos generated $195.2m in revenue in February, according to figures published by the Indiana Gaming Commission. Slots brought in $164.9m, up 6.4% year on year, while table games generated $30.3m, down 13.3%.
Major League Baseball said authorised sportsbook operators agreed to cap bets on individual pitches at $200 and exclude those wagers from parlays in the United States. MLB said the operators represent more than 98% of the US betting market and that the limits address integrity risks; the agreement followed indictments alleging two Cleveland Guardians pitchers rigged pitches.
New Jersey’s Division of Gaming Enforcement reported that online gambling generated $198.4 million in August, nearly 28% more than a year earlier and a state monthly record. Atlantic City casinos took $294 million from in-person gamblers, while combined casino, sports betting and online-partner revenue exceeded $555 million, up 4.4% year on year.
New Jersey gambling regulators reported that Atlantic City's nine casinos and two online-only operators recorded $178.4 million in gross operating profit in Q2 2024, down 1.3% from a year earlier. All nine casinos were profitable, while two-thirds earned less than in the same quarter of 2023; the group’s first-half profit fell nearly 5% to $333.7 million.
New Jersey gambling operators won nearly $510 million in May, an 8.3% increase year on year, according to figures released by state regulators. The nine casinos generated nearly $223 million from in-person gamblers, up 5.2%; only Borgata, Ocean and Hard Rock exceeded their May 2019 in-person revenue. Casino Control Commission chairman James Plousis said consumer interest had been strong, while an industry researcher cautioned that higher revenue may not mean higher profits.