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TIME:2024-05-22 03:45:07 Source: Internet compilationEdit:business
ATLANTIC CITY, N.J. (AP) — New Jersey’s high-flying internet gambling market continues to smash reco
ATLANTIC CITY, N.J. (AP) — New Jersey’s high-flying internet gambling market continues to smash records. But the amount of money won from in-person gamblers at most of Atlantic City’s casinos is less than it was before the COVID19 pandemic.
Figures released Tuesday by the New Jersey Division of Gaming Enforcement show that the casinos and their online arms won over $197 million from online casino games in March, setting another monthly record.
And although it was not a record, sports betting, powered by the March Madness college basketball tournament, saw almost $1.33 billion worth of bets taken in March. That was the fourth-highest amount since sports betting became legal in 2018 following a U.S. Supreme Court decision in a case brought by New Jersey.
Including in-person casino winnings, internet gambling and sports betting revenue, the casinos, their online partners and horse tracks that accept sports bets won over $526 million in March, up 8.1% from March 2023.
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