Key Moments:
- August in-person casino revenue in Atlantic City reached $312 million, marking a 6.1% increase year-over-year
- Total gaming revenue for August, including internet and sports betting, rose to $642.2 million, a 15.7% gain over last year
- Online gaming in August set a monthly record at $248 million, though traditional casinos continued to outperform digital play
Summer 2024 Sets Revenue Milestone for Atlantic City
Atlantic City’s nine casinos secured their highest summer earnings since 2012, highlighted by robust in-person gambling and unprecedented online activity in August, according to the latest data from the New Jersey Division of Gaming Enforcement.
From June to August, casinos generated $855 million in in-person revenue, a 5.5% improvement over the previous year. This surge marked the strongest summer performance in over a decade.
August Data Reveals Multi-Channel Growth
During August, casinos collected $312 million from on-site gamblers, a 6.1% year-over-year growth. Factoring in internet gaming and sports wagering, total revenue for the month reached $642.2 million, up 15.7% from the same period last year.
Online gaming set a new high with $248 million in monthly revenue, even as in-person venues maintained their dominance for the fourth consecutive month. Sportsbooks reported $778 million in placed wagers, with nearly $82 million retained as operator revenue.
| Casino (In-Person Revenue) | August 2024 Revenue (USD) |
|---|---|
| Borgata | $80.2 million |
| Hard Rock | $58.3 million |
| Ocean Casino | $51.1 million |
NJ land-based casino revenue up 6.1% in August and 2.8% YTD. Meanwhile iGaming increased 25.2% n August. Cannibalization argument weakens when brick & mortar provides strong reasons to visit. pic.twitter.com/YzOxhCMxod
— Gene Johnson (@genejohn7777) September 16, 2025
Industry Leaders and Market Commentary
“We’re happy the market found some growth; it was a very good month,” said Mark Giannantonio, president of the Casino Association of New Jersey and Resorts Casino Hotel. “Hopefully it can be sustained into the fall and winter months. I’m very happy about it.”
James Plousis, chairman of the New Jersey Casino Control Commission, said August marked the casinos’ highest monthly win since 2012. “Atlantic City finished the summer strongly in August,” he said. “For the third time this year, New Jersey’s total gaming revenue surpassed $600 million in one month. Year-to-date, it surpassed $4.5 billion sooner than all prior years.”
Jane Bokunewicz, director of Stockton University’s Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism, called the results “a breath of fresh air for Atlantic City’s casino operators.” She added: “The peak summer season in Atlantic City seems to have reversed that trend, with June through August revenue at the slots and tables exceeding internet gaming revenue by more than $125 million.”
She noted the summer returns “gotten year-to-date revenues back on track after a slow start to the year. Operators will be facing fall and winter 2025 with a 2.8% year-over-year cushion, which is a stark contrast to August 2024 when operators lagged year-to-date August 2023 ($1.93 billion) by -0.2%.”
Digital Brands Show Robust Growth
| Digital Operator (Partnership) | August 2024 Revenue (USD) | Annual Change (%) |
|---|---|---|
| FanDuel (Golden Nugget) | $57.1 million | 38.2% |
| DraftKings (Resorts) | $47 million | – |
| BetMGM (Borgata) | $32.5 million | 47% |
Market Observations
While brick-and-mortar revenues continued to outpace online figures for the fourth straight month, internet play delivered a historic high. Among Atlantic City properties, Borgata led with $80.2 million in in-person gambling revenue. Hard Rock and Ocean Casino trailed at $58.3 million and $51.1 million, respectively. Bally’s and Golden Nugget reported declines in their in-person performance.
In the digital sector, FanDuel (in partnership with Golden Nugget) reported $57.1 million, up 38.2%, ahead of DraftKings (Resorts) at $47 million, and BetMGM (Borgata) at $32.5 million, with an increase of nearly 47%.
- Author
Daniel Williams
