JERSEY CASINO WIN DOWN 1 PERCENT IN OCTOBER, A SEASONAL EXPECTATION
By Skip Charles in Vegas
New Jersey’s casinos, horse tracks that offer sports betting, and the online partners of both types of gambling outlets won over $445 million in October, a decline of less than 1% from the same period a year earlier.
Figures released by the New Jersey Division of Gaming Enforcement showed that news for the most important metric for the Atlantic City casino industry was mixed: Money won from in-person gamblers at the casinos fell by more than 7% from a year earlier, but had surpassed the level of October 2019, before the coronavirus pandemic hit.
“In keeping with established seasonal patterns, total and brick-and-mortar casino revenue — slots, table games and poker — for Atlantic City’s casinos began to cool in October,” said Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry.
