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Casino revenues up 22.5 percent in August

August Atlantic City Gaming Numbers Statewide, sports betting generated just shy of $9.2 million last month. Since its legalization in June, sports betting has generated $8 million for the Atlantic City casino industry and $16.5 million statewide. “We could see sports betting grow by more than 300 percent in September as NFL and college football ramp up and the number of options for online sports wagering in New Jersey continues to grow,” said Dustin Gouker, lead sports betting analyst for . “September will be an enormously important month for New Jersey’s legal sports betting industry.” Resorts Casino Hotel and its online/mobile sports betting partner DraftKings reported revenue of $2.97 million in August. The online/mobile platform was launched Aug. 1. Internet gambling revenue was $24.8 million last month, a decline of slightly more than $1 million compared to July, but an increase of 16.6 percent compared to the same month last year. Internet gaming revenue for the year-to-date is up 16.5 percent — $163.3 million to $190 million — compared to the same period last year. “We saw a race to the online market ahead of the NFL season, and the strong August handle shows why,” Gouker said. “Online sports betting will be an important vehicle for the industry.

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