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New Jersey gambling operators report nearly $510 million in May revenue

Regulation

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.

The breakdown distinguishes casino-floor revenue from online and sports betting income, which operators share with third parties.

End-of-day close Caesars Entertainment (CZR), USD, to 29 July 2024
Story date30 April 202429 July 2024

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