The New Jersey Division of Gaming Enforcement revealed the Garden State's online betting numbers for the month of September, noting that revenues have spiked past $20 million for the 7th straight month.
The state's online betting operators brought in just about $20.4 million, up more than 25% from last year. Casino games brought in the bulk of the money, with $18.5 million hauled in, up 30%. Online poker was a sour note, as just $1.9 million came in, down 5.7% from last year. Year to date numbers are also generous, as the industry is up 27% to $183.7 million. Casino games are up 33% during that period, while poker is down 7%.
The best-performing sites are those owned by the Golden Nugget, which had $5.7 million in revenues. The Borgata series of sites including Party Poker and Pala Casino were second in revenues with $4.24 million brought in. Resorts was third at $3.6 million, while Tropicana sites brought in $3.4 million, just edging out Caesars for fourth place.
Online gaming is a lucrative industry for New Jersey operators, as the state has a healthy population of players. The state could also see a boost in revenues next year if sportsbetting is legalized by the U.S. Supreme Court in December.
Comments
No doubt the NJ online business is in great progress which only shows the potential it has I think, the only way is just to the stars right now.