Published on: June 17, 2026, 08:18h.
Updated on: June 17, 2026, 08:20h.
- A chilly and damp Memorial Day weekend impacted Atlantic City’s casino earnings for May
- Online gaming surged, with iGaming revenues reaching an all-time high
- Prediction markets are affecting sports betting volume in New Jersey
A notably cold and rainy start to the summer in Atlantic City has negatively impacted casino revenue for May, as reported by the New Jersey Division of Gaming Enforcement.
The nine casinos in Atlantic City recorded a gross gaming revenue (GGR) of $265.6 million, which includes earnings from both slot machines and table games.
This figure remained nearly unchanged from the previous year, reflecting a minimal increase of 0.1%, or $332,135.
The dismal Memorial Day weekend was attributed to the mediocre performance.
On Friday, May 22, the maximum temperature reached only 55 degrees Fahrenheit, followed by 54 degrees with dr drizzling rain on Saturday, and a foggy 61 degrees on Sunday. Although Memorial Day itself saw a rise to 72 degrees and partial sunshine, many visitors had already decided against traveling to Atlantic City for the unofficial start of summer.
Out of the nine casinos, six reported a decline in in-person GGR. The Borgata remained the top performer with $72.9 million, while Hard Rock came in second at $49.9 million, followed by Ocean Casino at $46.8 million.
Ocean Casino showed the highest year-over-year growth in May, boasting an 11% increase in GGR. Bally’s also continued its recovery, with an uptick of 6% to $12.5 million.
New Jersey Online Casino Breaks Record
The adverse weather during Memorial Day proved advantageous for New Jersey’s online casinos.
iGaming GGR soared by 12% to reach $276.2 million, setting a new monthly record for the state’s online gaming sector. New Jersey’s online casinos made $29.4 million more in May 2026 compared to May 2025.
Combined with sportsbook revenue of $85.2 million, New Jersey’s total GGR for May reached $627.1 million, marking a 2% increase from the previous year.
FanDuel, in collaboration with Golden Nugget, led the iGaming sector with a GGR of $64 million. DraftKings at Resorts followed with $47 million, and BetMGM secured the third spot with $34.6 million.
Impact of Prediction Markets on Sportsbooks
New Jersey’s sports betting operators experienced a 17% dip in net wins for May, resulting in a loss of over $17.3 million. A majority of sports betting activity in New Jersey occurs online.
The emergence of federally regulated prediction markets, now offering sports trading, is believed to be diverting some bets from New Jersey and across the nation. These markets began including sports events late last year.
In the previous month, New Jersey’s online sportsbooks recorded $888.3 million in bets, which signifies a 9% decrease from May 2025, when online bookmakers handled over $967.1 million. This 8.6% decline translates to approximately $83.8 million in fewer bets.
So far this year, New Jersey’s online betting platforms have received $4.58 billion in bets, which is an 8.9% decline, or nearly $450.4 million fewer than last year.