New Jersey sports betting off to strong start, new Atlantic City casinos underwhelm – NorthJersey.com

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Video: Which are the most profitable Atlantic City casinos? Wochit

A large guitar replica is lifted into place as a street marker on Thursday, June 21, 2018, a few blocks away from where the Hard Rock Casino will open in Atlantic City, N.J., on June 28. The sign was installed on the same day that a different casino also opening on June 28, the Ocean Resort Casino, was granted a casino license by New Jersey gambling regulators.(Photo: Wayne Parry, AP)

The splashy reopenings of two casinos on the Atlantic City boardwalk provided only a modest lift to the struggling resort town, while the statewide debut of sports betting exceeded expectations, according to the first public data on the expansion of gambling in New Jersey.

People wagered $16.4 million on sports events even though legalized betting was offered in just two locations beginning June 14 and in a third June 28, according to statistics released by the state’s Division of Gaming Enforcement. 

Sports betting accounted for about 1.4 percent of New Jersey’s total gambling revenue in June, only slightly below the 2 percent figure in Nevada, which has long offered sports book.

 

In their first four days of operations, the Ocean Resort and Hard Rock casinos brought in about $7.2 million in revenue, thaccording to statistics released by the state’s Division of Gaming Enforcement. That means the new casinos averaged $897,000 per day in gambling revenue, compared to $954,000 per day on average for June for the seven casinos that already were open in Atlantic City.

The comparisons aren’t exact: Revenue numbers for Ocean Resort and Hard Rock cover their initial four days, running from a Wednesday through a

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