New Jersey’s gambling market revved up in April, with big revenue increases from in-person gamblers, sports bettors and internet gamblers helping Atlantic City’s casinos, two horse tracks that take sports bets and their online partners to exceed $600 million in winnings during the month.
But that total masks the fact that five of the city’s nine casinos are still winning less money from in-person gamblers than they were in April 2019, before the COVID-19 pandemic.
Because winnings from sports betting and internet gambling must be shared with outside parties like sportsbooks and tech platforms, and is not solely for the casinos to keep, the casinos consider money won from in-person gamblers to be their core business.
