Legal sports betting boosted monthly results and helped AC’s nine operational casinos record their biggest growth in several years.
Atlantic City’s nine operational casinos generated US$269.9 million last month, reflecting a 20.7% increase from the same month a year earlier. Online gambling operations brought in revenue of US$24.8 million in August, up 16.6% year-on-year. Revenue from sports betting totaled US$9.2 million for the month.
The Borgata was once again the casino to account for the largest portion of total revenue generated. The property, that reported revenue of US$76.4 million in August, was among the first properties to launch sports betting in New Jersey, following the ruling that struck down the long-standing federal ban on wagering.
The casino launched its physical sportsbook on June 14. It also went live with an online wagering operation on August 22. The casino generated betting revenue of US$855,152 last month.
Source: GMB / Casino News Daily
