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New Jersey igaming ends 2018 in strong shape

Land Based casinos in New Jersey, woes continued into the final month of last year, with Resorts once again the only long standing property to post a profit for December. New Figures released by the State’s Division of Gaming Enforcement.

The Borgata, who last week announced an $11m bar and sports betting revamp, remained market leader with a slight decline to $57.4m

Harrah’s received the biggest hit dropping 19.3 percent to $23.5m, while Atlantic City’s two newest properties Hard Rock and Ocean Resorts came in with $23.6m and $11.8m

Golden Nugget saw a 67.2% increase help its monthly total to come in at $10.1m, followed by Borgata who rose 17.3% to $5m and Caesars interactive NJ whose 16.8 Percent boost saw revenues reach $4.4m

New Jersey’s sports betting revenues dropped slightly from November $21.2m to $20.8m, with handle at the regions online and retail sportsbook coming in at $319.1m, as overall handle for the year to date topped the $1bn barrier.

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Kevin Kaostricks

Kevin Kaostricks

Kevin takes care of round the clock updates on Casino Buzz. He is based out of Rochester. He can be reached out at kk@casino.buzz

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