Casino licensees in New Jersey have reported Q4 net revenue growth year-on-year, with net revenue also increasing across 2022.

New Jersey Division of Gaming Enforcement

The US state’s Division of Gaming Enforcement says net revenue of $771.9m translated to a one per cent increase over Q4 2021.

However, gross operating profit slumped 36 per cent across Q4 year-on-year to $119.3m.

And gross operating profit of $731.3m across 2022 for the casino licensees showed a 4.6 per cent decrease.

Overall, though, net revenue for the calendar year was $3.3bn, increasing by 9.3 per cent.