ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that accept sports bets and their online partners won more than half a billion dollars from gamblers in April, an increase of 10.4% from a year earlier, state gambling regulators said Thursday.
But that was due in large part to the state’s second-best month ever for internet gambling. The industry’s key business — money won from in-person gamblers — continued to sag, down 6.3% from a year ago.
Figures released by the New Jersey Division of Gaming Enforcement show the casinos, tracks and their partners won nearly $511 million in April from in-person gambling, internet betting and sports bets.
But money from internet and sports bets must be shared with casino partners such as sports books and tech platforms and is not solely for the casinos to keep. For that reason, casinos consider in-person winnings to be their core business.
Give free passports to Britain's heroes: On the eve of D
What is chaos gardening? The new low
Vinnie Jones 'to discuss new romance' with Emma Ford in second series of In The Country
Bradley Cooper branded 'desperate' after studio submits his TWO
Strong earthquakes shake area near Japanese region hit by Jan. 1 fatal disaster, but no tsunami
U.S. move of tariff hikes sets bad example for free trade
Antiques Roadshow guest is left shell
Bradley Cooper holds his daughter Lea's hand while taking her for a walk in New York City
Pregnant Jenna Dewan puts her bump on display in figure
A man's body recovered from waters off a Greek beach with barbell attached
Endangered listing for lizard could slow oil, gas drilling in New Mexico, West Texas