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New Jersey Gaming Summary

Background

New Jersey has a state lottery, pari-mutuel betting on horse-racing, and gambling on slot machines, table games, poker, and simulcast race betting in Atlantic City casinos.

Casino Gaming

Development: Casino gaming was approved by statewide referendum in 1976, with casinos restricted to Atlantic City. There is no legislative limit on the number of licenses or machines permitted. The legislative intent was to use gambling as a unique tool for urban revitalization of Atlantic City, and to generate revenue to establish new or expanded programs to benefit senior citizens and disabled residents.

Regulation: The state's gaming industry is overseen by the New Jersey Casino Control Commission, which licenses casinos, vendors, and employees and issues regulations, and the state's Division of Gaming Enforcement, which investigates and polices the industry.

Taxation: 9.25% effective rate, including gross revenue tax (8%) and mandatory contribution to the Casino Redevelopment Agency (1.25%)

Currently, there are 11 casinos in Atlantic City: the Atlantic City Hilton, Tropicana, Trump Plaza, Caesars Atlantic City, Bally's Atlantic City, Resorts, Trump Taj Mahal, Showboat, Harrah's Atlantic City, Trump Marina, and the Borgata

For detailed statistical information about Atlantic City's casino industry since its inception, see the Atlantic City Casino Statistics pages.

 

Lottery

Development: The New Jersey Lottery was approved by referendum in 1969. The 81.5% majority in favor of the lottery is one of the largest in New Jersey history. The first ticket was sold on December 16, 1970. The legislation that created the New Jersey Lottery also established a Commission of seven, non-salaried, bipartisan members, appointed by the Governor with the advice and consent of the State Senate. Commission terms are five years.

Beneficiaries: Since its inception, nearly four decades ago, the Lottery has dedicated over 17.2 billion to programs that benefit millions of New Jersey residents. Educational opportunity programs, the Department of Human Services, the Department of Military and Veterans Affairs, the School Nutrition Program, and the Marie Katzenbach School for the Deaf are just a few of the organizations and programs whose constituencies benefit from Lottery proceeds.

 

Racing

The New Jersey Racing Commission is responsible for regulating the safety and integrity of the horse racing industry through the conduct of investigations, prosecutions and via regular monitoring. The Division of the New Jersey Racing Commission has jurisdiction over New Jersey's thoroughbred and standardbred permit holders and the authority to regulate racing at the state's four racetracks

 

For more information:

New Jersey Lottery 

New Jersey Racing Commission

New Jersey Casino Control Commission

New Jersey Division of Gaming Enforcement

Casino Revenue Data (Calendar Year)

 

Year
Casinos
Gaming
Rooms
F & B
Other
Total
1978
1
134,073
1979
3
325,480
1980
6
642,673
1981
9
1,099,781
1982
9
1,493,163
1983
9
1,770,943
1984
10
1,951,768
1985
11
2,138,651
1986
11
2,281,204
1987
12
2,495,674
1988
12
2,734,773
1989
12
2,807,017
1990
12
2,951,581
1991
12
2,991,559
1992
12
3,215,970
1993
12
3,301,360
1994
12
3,422,534
1995
12
3,747,578
1996
12
3,813,653
1997
12
3,906,140
1998
12
4,032,998
1999
12
4,164,198
2000
12
4,207,902
311,262
514,450
125,584
5,159,198
2001
12
4,204,749
310,354
521,654
124,998
5,161,754
2002
12
4,320,798
319,892
539,020
128,179
5,307,888
2003
12
4,424,994
364,471
577,556
137,530
5,504,551
2004
12
4,738,277
433,172
626,239
160,181
5,957,869
2005
12
4,962,371
473,901
643,574
184,171
6,264,017
2006
12
5,166,566
495,774
672,140
194,447
6,528,927
2007
11
4,888,599
505,369
653,742
208,328
6,256,038
2008
11
4,499,516
497,810
635,614
208,198
5,839,136
2009
11
3,943,171
496,949
579,403
181,557
5,169,278
2010 11 3,537,744 509,852 574,663 178,006 4,800,265
2011 11 3,300,038 508,179 553,133 167,649 4,528,999
2012
12
3,051,436
       
2013
12
2,862,069
       

All revenue information is in thousands; add 000 for totals.

For more detailed Atlantic City casino information, see our Atlantic City Casino Statistics pages.

Atlantic City Casinos: Comparative Financial Performance
January to June 2012

Combined Facility Report: Atlantic City Casinos, 2011
Data on games, devices, revenue, and square footage

Atlantic City Gaming Revenue
Statistics for Casino, Slot, and Table Win, 1978-2011

Atlantic City Historical Slot Machine Data
Number of machines, win, hold percentage, and win per slot, from 1978 to 2010

Baccarat: A Longitudinal Micro-Study
78 months of field results from one Atlantic City casino, 2004-2010

 

Lottery Revenue Data (Fiscal Year)
Year
Total Sales
Total Revenue
Prize Allocation
Prize %
Contributions
Cont. %
1999
1,658,404,007
1,683,329,780
888,318,671
53.56%
652,342,709
39.34%
2000
1,838,840,627
1,862,315,001
989,808,601
53.83%
719,928,948
39.15%
2001
1,806,694,611
1,837,790,711
994,764,296
55.06%
697,397,293
38.60%
2002
2,068,506,868
2,098,253,340
1,144,736,660
55.34%
754,549,833
36.48%
2003
2,073,824,348
2,113,003,589
1,171,456,861
56.49%
765,401,159
36.91%
2004
2,186,669,795
2,231,037,501
1,239,739,587
56.70%
798,361,621
36.51%
2005
2,273,806,117
2,305,716,288
1,296,810,791
57.03%
812,046,973
35.71%
2006
2,405,916,829
2,441,506,250
1,380,414,193
57.38%
844,155,935
35.09%
2007
2,350,891,832
2,392,335,078
1,359,400,245
57.82%
828,326,115
35.23%
2008
2,538,476,656
2,579,307,085
1,471,117,973
57.95%
893,993,146
35.22%
2009
2,503,266,384
2,538,114,880
1,455,242,612
58.13%
887,208,916
35.44%
2010 2,605,104,142 2,648,327,624 1,511,914,428
58.04%
924,009,031
35.47%
2011 2,636,447,566 2,676,881,894 1,543,672,565 58.55% 930,000,111 35.27%
2012 2,758,899,785 2,797,638,855 1,617,771,751 58.64% 951,982,928 34.51%
2013 2,821,400,159 2.860,958703 1,670,394,764 59.20% 961,725,644 34.09%

Total sales reflects all money wagered on the lottery in the fiscal year in question. Total revenue is total sales plus interest earned on the lottery fund balance, forfeited prizes, and miscellaneous revenue sources . Prize allocation is the total amount of money set aside to be paid back to winners. Prize percentages are taken from the total sales.Contributions are transfers for state aid to education and state institutions. Cont. % is the percentage of total sales that are transfered as contributions.

New Jersey Gaming Timeline

1969: New Jersey voters approve lottery

1970: New Jersey Lottery operations commence

1972: 5 Digit Daily Game begins

1975 : Pick-It, the nation's 1st online game begins

1975: 7-11-21, first instant lottery game begins

1976: Voters approve casino gaming in New Jersey by referendum

1977: 1st televised lottery draw

1977: Pick-4 introduced

1978: Resorts International, first casino in Atlantic City, opens (May 26)

1979: Caesars Boardwalk Regency opens (June 26)

1980: Brighton (Sands) opens (August 13)

1980: Harrah's Marina opens (November 23)

1980: Golden Nugget opens (December 12)

1981: Playboy opens (April 14)

1981: Claridge opens (Juyl 23)

1981: Tropicana opens (November 26)

1984: Harrah's at Trump Plaza opens (May 26)

1984: Playboy is renamed Elsinore's Atlantis

1985: Trump Castle opens (June 19)

1987: Showboat opens (April 2)

1987: Golden Nugget sold, renamed Bally's Grand

1987: Tropicana renamed TropWorld

1989: Elsinore's Atlantis closes (May 22)

1990: Trump Taj Mahal opens (April 4)

1990: Harrah's Marina renamed Harrah's Atlantic City

1993: Poker and simulcasting introduced into Atlantic City casinos

1994: Keno iintroduced into Atlantic City casinos

1995: TropWorld renamed Tropicana

1996: Bally's Grand renamed Atlantic City Hilton

1996: Trump's Castle renamed Trump Marina

1999: New Jersey Lottery joins the Multi-State Lottery Association, begins participating in "Big Game"

2000: Bally's Park Place renamed Bally's Atlantic City

2001: Park Place Entertainment acquires the Claridge

2003: Borgata opens (July 3)

2003: Claridge folded into Bally's Atlantic City

2005: Caesars (formerly Park Place) Entertainment sells Atlantic City Hilton to Colony Capital, LLC

2005: Harrah's Entertainment acquires Caesars Entertainment

2006: Sands closes (November 11)

2010: Resorts sold to DGMB Associates

2011: Trump Marina sold, renamed Golden Nugget

2012: Revel opens

2013: In November, online casino gaming begins in New Jersey


Atlantic City, New Jersey Gaming Statistics

1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994
1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | Annual Comparison

Nevada | Las Vegas Strip | Downtown LV | Reno/Sparks | Laughlin | Elko County | Atlantic City | Colorado | Illinois | Iowa | State Comps

All data compiled from Annual Report. Trenton: New Jersey: New Jersey Casino Control Commission, 1979-2009.

This project was sponsored by a grant from the UNLV Libraries Advisory Board.


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Last modified Tuesday, 27-May-2014 17:01:23 PDT