Internet gaming continues to be the saving grace for Atlantic City, with its March figures released by the New Jersey Division of Gaming Enforcement.
In a year that has seen the region’s land based casinos hit by bouts of extreme weather, New Jersey’s online sector has followed up its 17.5% February rise, with a 17.6% increase to $25.5m reported in March, up from $21.7m.
Golden Nugget’s online gaming brand leads the way in the state, with a year-on-year increase of 40.1% to $8.6m, followed by Borgata, up 5.3% to $4.5m, Caesars Interactive up 40% to $4.4m and Resorts Digital who rose 0.8% to $4.2m.
The only entity who reported negative figures in the online sector was Tropicana, who saw a 4.4% decline in its numbers to $3.6m.
Year-to-date figures also reflect this trend, with the states internet gaming showing a 17.3% increase to $69.5m thus far, as compared to the first three months of 2017.
New Jersey’s land based casino win continues to take a hit in 2018 however, highlighting a 3.6% decline from $200m to $192.9m for March, and an 8.3% drop to $525.3m for the year-to-date.
The Borgata continues to take the lion’s share, showing a 0.6% increase to $60.2m, with the Golden Nugget, rising 17.6% to $19.4m, and Harrah’s, up 7% to $31.6m, the only properties to show a land based profit.
The other four land based properties in The Garden State didn’t fair as favourably, with Tropicana (-7.6% to $28.9m) Caesars (-25.2% to $21.9m), Bally’s AC (-7.3% to $15.7m) and Resorts (-9.2% to $14.8m), all reporting declines.
Total gaming win across both the land based and online industries for the states fell 1.5% for the month, bringing in $218.4m as compared to $221.8m last year, with year-to-date figures also falling to $594.8m, a 5.9% decline from 2017’s $631.8m.