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New Jersey Online Revenues Top $20 Million for 7th Straight Month

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.

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bgsharpe
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Location: Sofia, Bulgaria
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18 October 2017 - 7:57am
#1

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.

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