Land-based revenue hits 14-year high

Atlantic City casinos post strong November with growth across all core verticals.

New Jersey’s casino industry delivered a solid revenue performance in November, supported by growth across in-person gambling, internet gaming, and sports betting, according to state figures. While results varied sharply among individual operators, overall revenue trends pointed to a strong late-autumn month for Atlantic City.

In-person casino performance

Casinos reported $236.8 million in winnings from in-person gamblers during November 2025, a 5.7% increase from the same month last year. James Plousis, chairman of the New Jersey Casino Control Commission, said the in-person total marked the highest November figure recorded in the state in 14 years.

Online gambling and sports betting growth

Online gambling again outperformed land-based casinos in raw revenue, generating $253 million for casinos and their partners during the month. That represented an 18.2% increase from a year earlier. Sports betting added a further $146.3 million in revenue, reflecting a 23% year-on-year rise.

Total combined gambling revenue for casinos and their partners reached $636 million in November, up 14.2%.

Drivers behind November’s strength

Jane Bokunewicz, director of Stockton University’s Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism, attributed the month’s strength to both calendar effects and improved table game performance. An additional Saturday in November and favorable outcomes at casino tables helped lift results, she said.

“Coupled with solid performances from internet gaming and sports wagering, Atlantic City’s operators realized a November nearly as strong as any summer month,” Bokunewicz said. “However, this performance was not uniform across the market, with individual operators seeing mixed results.”

Property-by-property results

Only four of Atlantic City’s nine casinos recorded higher in-person gambling revenue than they did in November of last year. Even fewer surpassed their pre-pandemic benchmarks. Just three properties, Borgata Hotel Casino & Spa, Hard Rock Hotel & Casino Atlantic City, and Ocean Casino Resort, earned more from in-person gamblers than they did in November 2019.

Borgata led the market by a wide margin, reporting $72 million in in-person winnings, an increase of more than 25% year-on-year. Hard Rock followed with $45.3 million, up 2.2%, while Ocean posted $39 million, a gain of 14.7%.

Several other casinos saw weaker or stagnant results. Harrah’s Resort Atlantic City recorded $18.3 million, little changed from last year. Tropicana Atlantic City reported $15.9 million, down 4.6%. Resorts Casino Hotel saw in-person revenue fall 14% to $12 million. Golden Nugget Atlantic City and Bally’s Atlantic City reported $10.9 million and $10.6 million, respectively, both posting year-on-year declines.

Sports betting handle and year-to-date totals

Casinos and the two racetracks authorized to take sports wagers, the Meadowlands in East Rutherford and Monmouth Park in Oceanport, handled $1.28 billion in bets during November alone. Total sports betting volume in New Jersey has reached $11.1 billion so far this year.

Total gambling revenue generated by casinos and their partners has reached $6.3 billion year to date, an increase of 10.4% compared with the same period last year.