The money raised by taxing casinos would then be put into the Casino Revenue Fund, which is used to offset utility, rental, telephone, and property tax costs for disabled and elderly New Jersey residents. Two years later, this tax rate was reduced to 8%. Casino Revenue Fund Taxes and Fees Source Report Summary of Gaming and Atlantic City Taxes and Fees Monthly Gross Revenue Reports are issued in conjunction with the monthly press release four business days after receipt at 2:00 p.m. Every month the Division of Gaming Enforcement in New Jersey releases the previous month’s legal online gambling revenue for each company. There are a number of New Jersey casinos that operate multiple online brands, we list each site next to their parent company. For sports betting revenue and handle, visit the NJ sports betting revenue page. For land-based casino revenue, visit the New Jersey Casino Revenue Fund Advisory Commission Department of Treasury 50 West State Street 8th Floor PO Box 211 Trenton, NJ 08625 New Jersey online gambling revenue continues to climb, even as its brick-and-mortar casino industry is on the mend.. NJ gambling sites combined to bring in $87.8 million for the month of August, which is a new record. It’s only the slightest of increases over July, however, when the total was $87.5 million.Meanwhile, retail revenue climbed 35%, so in that light, stable online revenue is a The DGE NJ has reported Golden Nugget Casino’s total revenue for 2018 was $102,784,534. That is a 39.4% increase from the previous year and by far the largest amount of annual revenue to date. The next closest competitor in 2018 was Borgata Casino at $58,749,803 in total revenue. Borgata Casino In terms of revenue, New Jersey sports betting took in $94.2 million, most of it from online. Atlantic City benefits, but only as a whole. Midway through 2018, Atlantic City expanded from seven to nine casinos, thanks to the opening of Hard Rock Casino (formerly Trump Taj Mahal) and Ocean Resort Casino (formerly Revel). Here is a list of Atlantic City casinos revenue reported by the New Jersey Division of Gaming Enforcement.The tables reflect activity at land-based activity and does not include NJ online casino revenue. Read more about NJ online gambling revenue and NJ sports betting revenue.. Last updated: January 2021 Atlantic City gambling revenue, December 2020 New Jersey taxes revenue from casino table games and slots at 8%, but internet games at 15%. So even though revenue from Atlantic City casino games declined by $1.2 billion last year, or 44%, internet gaming revenue doubled to $970 million, and generated more tax revenue for the state than casino games. The online casino product has been a major boost to the industry’s bottom line, but it isn’t yet in the same league as actual visitor spending. In 2019, the brick-and-mortar casinos took in $2.69 billion, while online casino revenue was $482.7 million and sports betting — both in-person at casinos and online — was $299.4 million.
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