Including all forms of gambling revenue, the Borgata was once again Atlantic City’s top-performing casino, winning $1.1 billion from gamblers in 2021, twice as much as its nearest competitor, Hard Rock, which won $511 million. The casinos and tracks kept 7.1% of the total amount bet as sports betting winnings, in line with national industry averages. (Money the tracks won on horse racing is not included in these totals.) For the year, the casinos and three horse tracks that accept sports bets handled nearly $11 billion worth of wagers on professional and collegiate sports. New Jersey took in nearly $1.23 billion in sports bets in December, the fourth straight month it surpassed the $1 billion mark. Internet gambling brought in $1.3 billion, and sports betting provided nearly $816 million after winning bets and other expenses were paid. But casino executives point out that money from those sources must be shared with third parties including sports books and technology partners, and is not solely for the casinos to keep.
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