“The local market pie has grown, but the way that pie is cut has changed, shifting in favor of the newest entrants to the market.” “Locally, the addition of two new casino resorts to the established seven has disrupted market share,” said Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry. Just three casinos - Borgata, Hard Rock and Ocean - won more from in-person gamblers last month than they did in February2019. Up to 70% of online winnings are shared with these outside parties, casino executives say.įrom on-site gambling, casinos won nearly $215 million, up 1.2% from a year earlier. Figures released Thursday by the New Jersey Division of Gaming Enforcement show the casinos and tracks won over $412 million in February, up 10.4% from a year earlier.īut that figure can be misleading because it includes online winnings, which must be shared with third parties like sports books and tech platforms, and is not solely for the casinos and tracks to keep.

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