$ £

New Jersey Online Gambling Financials Rise in January

The state of New Jersey revealed their January land and online gambling numbers, revealing that online numbers rose 16.7%, while land numbers slipped 12.6%.

The state's online gambling industry brought in $22 million in revenues in January, up from $18.8 million the year before. The land casino industry slipped though, as revenues were $162.4 million, down from $185.9 million last year. Slot machines hauled in $109.6 million, while table games brought in $52.8 million.

Gambling as a whole in the state was $184.3 million, which was down 9.9% from January 2017. The state hauled in tax revenues of $15.2 million for the period.

New Jersey's online gambling market is considered a template for other states looking to legalize online betting. It's brought in a bunch of revenue to the struggling land casinos, often mitigating the losses in revenue that the resorts are seeing.

2 replies • Last post


Forum Angel
sharpe's picture
Location: Sofia, Bulgaria
Joined: 4 Nov 2014
Posts: 4060
Thanks given: 1359
Thanks received: 463
24 February 2018 - 2:44pm

Yes, not a surprising figures I believe, these a global tendencies and of course and it's valid for the NJ gambling too that there is a drop in revenues for the land based business and continuing growth in the online aspect of it.

Gold PlayerGold Player
bossulo's picture
Location: JAVA
Joined: 7 Oct 2017
Posts: 649
Thanks given: 412
Thanks received: 340
24 February 2018 - 3:44pm

I think users from NJ got some better promotional offers from other users, I see some sites gamble NJ and compare it with COM platform very different on bonuses and other interesting promotions.

Post new comment

Have something to say? Agree or disagree? Tell us what you think!

Login using your social network account
Or log in with a Casino Listings account

Login or register to post comments

Registering for an account takes less than a minute and you will be brought right back here to comment afterwards.