March’s total revenue for casino games showed a 2.6% improvement compared to the previous month, February 2022. The majority of the revenue came from land-based gaming, with casinos contributing $216.6m. This was a 17.2% increase from March of the previous year. Within the casino revenue, $156.7m was from slots, showing a 16.7% year-on-year rise, while table games revenue increased by 18.4% to $59.9m.
The leading casino in terms of revenue was the Borgata, bringing in $55.0m, which was an 18.1% increase from 2021. Hard Rock Casino followed with $39.3m, showing a 28.0% increase, and Ocean Casino earned $25.4m.
Online gaming revenue also experienced growth, increasing by 23.7% compared to the previous year, reaching $140.7m. However, this total was lower than February’s record of $212.4m. The Borgata, with its BetMGM online product, was the leading online operator, generating $41.4m in revenue. Golden Nugget Online Gaming, soon to be acquired by DraftKings, came in second with $38.3m.
In terms of specific games, revenue from peer-to-peer games like poker decreased by 6.3%, earning $2.5m. However, revenue from other games increased by 24.5% to $138.1m.
Sports wagering revenue reached $66.4m, showing a 9.3% year-on-year increase. The total handle, or amount of bets placed, was $1.12bn, increasing by 30.3% compared to March 2021. Meadowlands, in partnership with FanDuel, remained the market leader, earning $36.9m in revenue. Resorts Digital, with sportsbook deals with DraftKings and Flutter’s Fox Bet, generated the second-most revenue, despite a 16.9% decline to $11.7m. The Borgata closed the gap significantly and earned $10.6m in sportsbook revenue, securing the third position.
