October 15, 2018 | Number of The Day
September revenue from gaming in New Jersey

Revenue for New Jersey’s gaming industry last month was way up over last September’s total. According to the latest figures from the Division of Gaming Enforcement, September revenue came in at $281.7 million. That compares with $235.8 million in September 2017 and reflects a 19.5 percent increase. “Driven by the explosive growth in sports wagering and continuing improvements in Internet gaming and brick-and-mortar casino win results, the gaming industry produced another month of superb revenue increases,” said David Rebuck, director of the DGE.

The figure is broken into $232 million from casino wins — $166,790,674 at the slot machines and $65,172,399 at the tables — and $25.8 million from internet gaming wins. Gross revenue for sports betting was $24 million for the month. The Borgata accounted for $67,587,143 in total gaming revenue, the Tropicana had $33,280,972, and the Golden Nugget $28,671,858.

For the year to date, the industry’s total gaming revenue is $2.148 billion compared to $2.039 billion in 2017, reflecting a 5.4 percent increase. What does this mean in tax dollars? Total gaming taxes last month were $23 million.