New Jersey casino, sports bet revenues hit high of $5.8B, but most casinos trail pre-COVID levels

New Jersey’s casino and sports betting operators and their online partners won nearly $5.8 billion in 2023, setting a new record, figures released recently show. That’s up nearly 11% from a year earlier. But the news was not as encouraging for Atlantic City’s nine casinos, two-thirds of which are still winning less money from in-person gamblers than they did before the COVID-19 pandemic. The numbers released by the...