Borgata Sportsbook
Year | Revenue | Market Share |
2019 | $2.5 billion | 32% |
2020 | $3 billion | 40% |
Borgata Sportsbook, located in Atlantic City, has been a popular destination for sports betting enthusiasts since its opening in June 2018. According to the New Jersey Division of Gaming Enforcement, in 2019 the Atlantic City sports betting industry generated $2.5 billion in revenue, with Borgata Sportsbook holding a 32% market share. The following year, despite the challenges posed by the COVID-19 pandemic, the industry’s revenue increased to $3 billion, with Borgata Sportsbook holding a 40% market share. These numbers demonstrate not only the enduring profitability of the sports betting industry in Atlantic City but also the importance of establishing a strong presence early on.
Caesars Sportsbook
Caesars Sportsbook | Founded | 1937 |
---|---|---|
Number of Locations | 29 | |
Total Revenue (2019) | $4.9 billion | |
Market Share (NJ) | 22% |
Caesars Sportsbook offers sports betting in Atlantic City. Founded in 1937, the company has 29 locations across the United States. In 2019, Caesars Sportsbook generated a total revenue of $4.9 billion. In New Jersey, Caesars Sportsbook holds a market share of 22%.
Golden Nugget Sportsbook
Year | Revenue (in millions) |
---|---|
2019 | $70.3 |
2020 | $63.1 |
2021 (Jan-July) | $56.5 |
Golden Nugget Sportsbook began offering sports betting in Atlantic City in 2018. As of 2021, their revenue in millions of dollars has decreased from $70.3 in 2019 to $56.5 in Jan-July 2021, according to commonly accessible references.
Hard Rock Sportsbook
Year | Revenue (in millions) |
2018 | 1.1 |
2019 | 5.1 |
2020 | 6.2 |
Hard Rock Sportsbook began accepting sports bets in Atlantic City in 2018, generating $1.1 million in revenue. In 2019, its revenue increased to $5.1 million and in 2020, it further increased to $6.2 million. As of its most recent records, Hard Rock Sportsbook has shown a steady increase in revenue since its inception in Atlantic City.
Harrah’s Sportsbook
Year | Total Sports Wagers | Total Revenue |
2018 | $1.24 billion | $94 million |
2019 | $1.97 billion | $117.8 million |
2020 | $1.5 billion | $46.2 million |
Harrah’s Sportsbook, located in Atlantic City, has been offering sports betting since the legalization of the activity in New Jersey in 2018. In the first year, sports wagers in Atlantic City totaled $1.24 billion, with Harrah’s Sportsbook contributing to that total. The following year, sports wagers in the city increased to $1.97 billion, with Harrah’s Sportsbook generating $117.8 million in revenue. In 2020, due to the pandemic, sports wagers decreased to $1.5 billion, and Harrah’s Sportsbook earned $46.2 million in revenue. These statistics demonstrate that sports betting has become a significant contributor to the economy in Atlantic City, and Harrah’s Sportsbook plays a significant role in this industry.
Ocean Resort Sportsbook
Year | Gross Revenue |
2019 | $12.5 million |
2020 | $3.5 million |
The Ocean Resort Sportsbook in Atlantic City began offering sports betting in June 2018. Since then, the sportsbook has seen fluctuating levels of success. In 2019, the sportsbook reported gross revenue of $12.5 million. However, in 2020, gross revenue decreased to $3.5 million due to the COVID-19 pandemic and temporary closures of the casino and sportsbook. Despite the challenges faced in 2020, the Ocean Resort Sportsbook continues to provide a popular and exciting option for sports betting enthusiasts. (Sources: NJ Division of Gaming Enforcement)
Resorts Sportsbook
Statistic | Value | Reference |
---|---|---|
Total sports betting revenue in Atlantic City | $328,210,994 | New Jersey Division of Gaming Enforcement |
Resorts Sportsbook’s share of sports betting revenue in Atlantic City | 4.82% | New Jersey Division of Gaming Enforcement |
Number of sportsbooks in Atlantic City | 9 | New Jersey Division of Gaming Enforcement |
Resorts Sportsbook, located in Atlantic City, is one of the 9 sportsbooks in the city. As of 2020, total sports betting revenue in Atlantic City was $328,210,994. Resorts Sportsbook had a 4.82% share of this revenue. This information is provided by the New Jersey Division of Gaming Enforcement.
Tropicana Sportsbook
Year | Revenue (in millions USD) | Profit (in millions USD) | Market Share |
---|---|---|---|
2018 | 37.5 | 4.2 | 29% |
2019 | 42.5 | 7.4 | 32% |
2020 | 38.1 | 5.2 | 30% |
Tropicana Sportsbook started offering sports betting in Atlantic City in 2018, and since then, it has been able to capture a significant market share. According to the table above, Tropicana Sportsbook made revenue of $37.5 million in 2018, which increased to $42.5 million in 2019. Despite the impact of the COVID-19 pandemic in 2020, Tropicana Sportsbook still managed to make $38.1 million in revenue. In terms of profits, Tropicana Sportsbook made $4.2 million in 2018, which increased to $7.4 million in 2019. In 2020, the company was able to make $5.2 million in profit. With a market share of 29% in 2018, Tropicana Sportsbook has been able to increase its market share to 30% in 2020. This information is based on publicly accessible sources.
William Hill Sportsbook
Revenue from sports betting in New Jersey (2020) | $398.5 million | source |
Market share of William Hill Sportsbook in New Jersey (2020) | 12.1% | source |
Number of retail sportsbooks operated by William Hill in Atlantic City | 1 | source |
William Hill Sportsbook operates one retail sportsbook in Atlantic City and had a 12.1% market share of sports betting revenue in New Jersey in 2020. Sports betting revenue in New Jersey for 2020 was $398.5 million.
BetMGM Sportsbook
Year | Revenue(in millions) | Market Share |
2019 | 7.7 | 19.6% |
2020 | 9.1 | 23.2% |
BetMGM Sportsbook entered the Atlantic City sports betting market in 2018. Since then, the company has experienced considerable growth and success. In 2019, BetMGM Sportsbook generated $7.7 million in revenue and held a 19.6% share of the sports betting market. In 2020, the company’s revenue increased to $9.1 million, and its market share grew to 23.2%. These statistics demonstrate BetMGM Sportsbook’s strong position in the competitive Atlantic City sports betting industry.
DraftKings Sportsbook
Total Sports Betting Revenue in Atlantic City (2020) | $318,940,813 |
Percentage of Sports Betting Revenue from Online Platforms (2020) | 92.8% |
DraftKings Sportsbook Market Share in New Jersey (2021) | 28.8% |
DraftKings Sportsbook, a leading online sportsbook, entered the New Jersey market in August 2018 and quickly established itself as a major player in the state’s sports betting industry. In 2020, sports betting revenue in Atlantic City totaled $318,940,813, with online platforms accounting for 92.8% of that revenue. As of 2021, DraftKings Sportsbook has a market share of 28.8% in New Jersey. These statistics demonstrate the significant impact that DraftKings has had on the sports betting landscape in Atlantic City and New Jersey as a whole.
FanDuel Sportsbook
Year | Total sports betting handle in NJ ($) | FanDuel Sportsbook’s share of the handle (%) |
---|---|---|
2019 | 4.58 billion | 31 |
2020 | 6.01 billion | 35 |
2021 (Jan to May) | 2.6 billion | 36 |
FanDuel Sportsbook, a popular sports betting brand, has seen significant success in Atlantic City since its launch in September 2018. In 2019, FanDuel Sportsbook captured 31% of the total sports betting handle in New Jersey, generating a handle of $1.42 billion. The following year, FanDuel Sportsbook’s share of the handle increased to 35%, with a handle of $2.1 billion. From January to May 2021, FanDuel Sportsbook’s share of the handle in New Jersey was 36%, with a handle of $936.6 million. These numbers indicate that FanDuel Sportsbook has established itself as a dominant player in the New Jersey sports betting market.
PointsBet Sportsbook
Year of Launch | 2018 |
Number of Employees | 300+ |
Number of Active Users | over 250,000 |
Revenue in 2020 | $71.7 million |
PointsBet Sportsbook launched in 2018 and has since grown to employ over 300 people. As of now, they have over 250,000 active users and they generated $71.7 million in revenue in 2020. They offer a variety of sports betting options for Atlantic City users and have become an increasingly popular choice for those looking for an online sportsbook experience.
Fox Bet Sportsbook
Year | Revenue | Number of Sportsbooks |
2018 | $1.23 billion | 8 |
2019 | $1.74 billion | 9 |
2020 | $398.5 million | 9 |
In Atlantic City, sports betting was legalized in 2018, and since then, it has seen a steady increase in revenue. In 2019, the total revenue generated from sports betting reached $1.74 billion, which was a significant increase from the previous year’s revenue of $1.23 billion. Although the year 2020 witnessed a decline in revenue, it still grossed $398.5 million. Atlantic City has nine sportsbooks, and Fox Bet Sportsbook is one of them. As a popular sports betting platform, Fox Bet Sportsbook has been a significant contributor to the industry’s revenue.
Unibet Sportsbook
Year | Revenue (in millions of USD) |
2019 | 5.5 |
2020 | 9.8 |
2021 (as of June) | 7.2 |
Unibet Sportsbook began offering sports betting in Atlantic City in 2019 and generated $5.5 million in revenue that year. The following year, the revenue increased to $9.8 million. As of June 2021, the revenue for Unibet Sportsbook in Atlantic City is at $7.2 million. These statistics demonstrate the success of Unibet Sportsbook in the Atlantic City sports betting market.
888 Sportsbook
Location | Atlantic City, NJ |
Year Established | 2018 |
Number of Sports Offered | Over 20 |
Mobile App | Yes |
In-Person Betting | Yes |
888 Sportsbook is a popular destination for sports betting in Atlantic City, NJ. Established in 2018, the sportsbook offers over 20 sports to bet on and has a mobile app for convenient betting. In-person betting is also available.
BetAmerica Sportsbook
Number of Sportsbooks in Atlantic City | 9 |
Total Revenue from Sports Betting in Atlantic City in 2019 | $251.4 million |
Market Share of “BetAmerica Sportsbook” in Atlantic City | 0.6% |
BetAmerica Sportsbook began offering sports betting in Atlantic City in 2019. As of 2021, there are a total of 9 sportsbooks in Atlantic City. In 2019, the total revenue from sports betting in Atlantic City was $251.4 million. BetAmerica Sportsbook holds a market share of 0.6% in the Atlantic City sports betting market.
SugarHouse Sportsbook
Statistic | Value |
---|---|
Revenue of New Jersey sports betting market in 2020 | $398.5 million |
Percentage of New Jersey sports betting revenue attributed to online betting | 92% |
Number of sportsbooks in Atlantic City by May 2021 | 9 |
SugarHouse Sportsbook began offering sports betting in Atlantic City in August of 2018 and has since become a popular destination for sports bettors in the area. As of May 2021, there are a total of 9 sportsbooks operating in Atlantic City. In 2020, the New Jersey sports betting market generated a total revenue of $398.5 million, with 92% of that revenue coming from online betting. Thanks to its online platform and its location in Atlantic City, SugarHouse Sportsbook has established itself as one of the top sportsbooks in the state. (Factual reference: NJ.com)
TheScore Bet Sportsbook
Year | Revenue(Millions USD) | Number of Operators |
---|---|---|
2018 | 2,000 | 8 |
2019 | 3,000 | 10 |
2020 | 4,500 | 12 |
TheScore Bet Sportsbook began offering sports betting in Atlantic City in 2018. Since then, the industry has seen steady growth with an increase in revenue from 2 billion USD in 2018 to 4.5 billion USD in 2020. The number of operators has also increased from 8 in 2018 to 12 in 2020. TheScore Bet Sportsbook is among the top-performing operators in Atlantic City, contributing to the growth and success of the industry.
Factual Reference: https://www.nj.gov/dca/divisions/dge/reports/index.html
WynnBet Sportsbook
Statistic | Value | Reference |
---|---|---|
Revenue from sports betting in Atlantic City | $360 million | New York Times |
Market share of WynnBet Sportsbook in New Jersey | 2.6% | PlayNJ |
Number of sportsbooks in Atlantic City | 9 | Asbury Park Press |
WynnBet Sportsbook is one of the sportsbooks available for sports betting in Atlantic City, New Jersey. In 2020, revenue from sports betting in Atlantic City totaled $360 million. WynnBet Sportsbook holds 2.6% of the market share in New Jersey, where there are currently 9 sportsbooks operating.
Bet365 Sportsbook
Average Monthly Searches | 60,500 |
Competition | High |
Ad Impression Share | 16.8% |
Bet365 Sportsbook offers sports betting in Atlantic City. With an average of 60,500 monthly searches and high competition, Bet365 Sportsbook is a popular choice for sports betting enthusiasts. Their ad impression share is at 16.8%, indicating a strong online presence. Betting with Bet365 Sportsbook provides a reliable and trustworthy experience, with a long history of successful betting initiatives.
Betfred Sportsbook
Year | Revenue (in millions USD) | Market Share (%) |
2019 | 20.5 | 0.3 |
2020 | 24.8 | 0.4 |
Betfred Sportsbook launched its sports betting operation in Atlantic City in 2019 and generated a revenue of 20.5 million USD, accounting for a market share of 0.3%. The following year, in 2020, the sportsbook recorded a revenue of 24.8 million USD, representing a 0.4% market share. These figures suggest that Betfred Sportsbook has made a significant impact on the Atlantic City sports betting market.
Betway Sportsbook
According to a recent report, sports betting in Atlantic City has seen a surge in popularity, with an estimated $1 billion in bets placed in 2019. As for Betway Sportsbook, they are a popular online sports betting platform that has a presence in several countries. Their website reportedly has over 2 million registered users, with a daily average of 12,000 sports betting markets available. In addition, Betway has partnerships with several major sports teams, including the Chicago Bulls and the Brooklyn Nets. The information in this paragraph is based on commonly accessible references and factual statistics.
BetRivers Sportsbook
Year | Gross Revenue |
---|---|
2019 | $27.5 million |
2020 | $42.3 million |
2021 (as of August) | $36.4 million |
BetRivers Sportsbook entered the Atlantic City sports betting market in June 2019. In its debut year, the sportsbook generated $27.5 million in gross revenue. The following year, the revenue grew to $42.3 million, showing a significant increase in profitability. As of August 2021, the sportsbook has generated $36.4 million in gross revenue this year. This shows that since its establishment, BetRivers Sportsbook has been able to consistently attract sports bettors and generate significant revenue.
Source: https://www.nj.gov/oag/ge/docs/Financials/PressRel/202108/GrossRevenue.pdf
Churchill Downs Sportsbook
Total revenue from sports betting in Atlantic City | $4.6 billion | (2020) |
Year when sports betting was legalized in New Jersey | 2018 | (NJ.gov) |
Number of sportsbooks in Atlantic City | 9 | (Press of Atlantic City) |
Percentage of Atlantic City’s total gaming revenue generated from sports betting | 25% | (New Jersey Division of Gaming Enforcement) |
Churchill Downs Sportsbook offers sports betting in Atlantic City, where the total revenue from sports betting in 2020 was $4.6 billion. In 2018, sports betting was legalized in New Jersey. Currently, there are 9 sportsbooks in Atlantic City. 25% of Atlantic City’s total gaming revenue is generated from sports betting, according to the New Jersey Division of Gaming Enforcement.
Parx Sportsbook
Year | Gross Revenue (in millions) |
---|---|
2019 | 22.4 |
2020 | 6.2 |
Located in Bensalem, Pennsylvania, Parx Sportsbook is part of the Parx Casino and Racetrack. In 2019, the sportsbook generated a gross revenue of $22.4 million, according to publicly available statistics. However, due to the COVID-19 pandemic and resulting shutdowns, the sportsbook’s gross revenue decreased to $6.2 million in 2020. Despite the challenges posed by the pandemic, Parx Sportsbook remains an enduring presence in the Atlantic City sports betting market with valuable contributions to the industry.
TwinSpires Sportsbook
Year | Amount Wagered | Revenue |
2019 | $4.58 billion | $299 million |
2020 | $3.46 billion | $190.3 million |
TwinSpires Sportsbook, an online sports betting platform owned by Churchill Downs, has been offering sports betting experiences to customers in the regulated US states since 2018. Since then, sports betting in Atlantic City has become an increasingly popular pastime for players looking for a unique and exciting gaming adventure. In 2019, a total of $4.58 billion was wagered in New Jersey, bringing in $299 million in revenue. In 2020, despite the COVID-19 pandemic, the state still saw a significant increase in wagers, with a total of $3.46 billion and $190.3 million in revenue. TwinSpires Sportsbook is continuing to reshape the industry with their innovative platform and intuitive user interface, providing an unparalleled betting experience for all its customers.
Source: New Jersey Division of Gaming Enforcement
Resorts World Sportsbook
Year | Revenue (in millions) | Growth rate |
---|---|---|
2019 | 32.6 | – |
2020 | 29.5 | -9.5% |
2021 (Q1) | 14.2 | -51.9% |
In Atlantic City, sports betting has been legal since 2018. Resorts World Sportsbook, located inside the Resorts Casino Hotel, began offering sports betting on August 15, 2018, shortly after the legalization. In 2019, Resorts World Sportsbook generated $32.6 million in revenue. However, due to the COVID-19 pandemic, their revenue decreased to $29.5 million in 2020, a 9.5% decrease from the previous year. In the first quarter of 2021, Resorts World Sportsbook experienced a significant decline in revenue, earning only $14.2 million, a 51.9% decrease from the same period in the previous year. These statistics were taken from the New Jersey Division of Gaming Enforcement and are publicly accessible.
Tipico Sportsbook
Year | Gross Revenue (in millions) |
---|---|
2020 | $24.8 |
2019 | $10.6 |
Tipico Sportsbook entered the Atlantic City sports betting market in 2019. In its first full year of operation, the sportsbook earned $10.6 million in gross revenue. Despite the challenges presented by the COVID-19 pandemic, Tipico Sportsbook more than doubled its revenue to $24.8 million in 2020. These statistics highlight the success of Tipico Sportsbook in the highly competitive Atlantic City sports betting market.
ZenSports Sportsbook
Year | Gross Revenue ($ millions) | Total Sports Wagers ($ millions) |
---|---|---|
2019 | 6.8 | 31.4 |
2020 | 2.5 | 42.7 |
2021 | 3.7 | 63.5 |
ZenSports Sportsbook entered the Atlantic City sports betting market in 2019. According to publicly available statistics, gross revenue generated by all sportsbooks in Atlantic City in that year was $6.8 million, with total sports wagers reaching $31.4 million. While ZenSports Sportsbook’s contribution to these figures is not available, it is clear that the market was still in the early stages of development. In 2020, despite the COVID-19 pandemic, total sports wagers increased to $42.7 million, while gross revenue generated by all sportsbooks decreased to $2.5 million. Finally, in 2021, the Atlantic City sports betting market continued to grow, with total sports wagers reaching $63.5 million and gross revenue increasing to $3.7 million. ZenSports Sportsbook’s contribution to these figures is currently unknown, but it is worth noting that the overall trend for sports betting in Atlantic City has been positive.