Internet gambling helps Atlantic City casinos again

The seven casinos earned $205.3 million from gamblers in February, up 0.3% from February 2016, according to figures released by the New Jersey Gaming Enforcement Administration on Monday.

But without the extra money they received from online gamblers, casinos would have recorded a nearly 2 percent drop. Resorts Digital (up 131% from a year ago) and Golden Nugget (up 66%) had a particularly good month online.

Rush Street Interactive operates one of Golden Nugget’s sites, playsugarhouse.com , which has been earning about 25% a month since its launch in September. 사설 토토사이트

“Online gaming represents a growing tool for the gaming industry as it attracts new, younger populations,” said Richard Schwarz, president of Rush Street. “In addition, industry data shows that existing offline casino players who have become online players go back to offline casinos more often, spending 15% more on casino floors.”

Schwartz said he expects New Jersey’s online gambling market to grow further in 2017, especially as it becomes easier for players to deposit funds into online betting accounts.

New Jersey’s internet gambling market earned $18.7 million in February, up nearly 27% from the same month last year.

In February, Golden Nuggets became the leader in New Jersey’s online market with $5.1 million in sales. Last month, Borgata, Caesars Interactive-NJ, Resorts Digital and Tropicana were all bundled out for between $3 million and $3.7 million.

The seven surviving Atlantic City casinos made $186.6 million inside the walls of the gambling center, up 4.9% from a year ago.

If the Trump Taj Mahal, which closed in October, had been removed from the equation, the seven surviving casinos would have seen overall revenue increase by 6.6% last month. Hard Rock International recently acquired the casino and plans to reopen in 2018.

“Currently, operators continue to demonstrate resilience in the challenging gaming market and have been able to increase the New Jersey gaming market,” said Matt Levinson, chairman of the New Jersey Casino Control Board.

Tropicana rose 25.5% to $31.5 million, resorts added 21.4% to $15.1 million, Golden Nuggets added 15.2% to $21.5 million, Caesars added 0.9% to $22.8 million and Hara added 0.5% to $29.5 million.

Bali fell 4.7% to $16.3 million and Borgata fell 1.5% to $61.9 million.

In the first two months of the year in Atlantic City, casino revenue was up nearly 4% from the same period last year.

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