This story was published more than 2 years ago.
The state of New Jersey's online gambling business set another monthly revenue record in February, which is impressive as the month is the shortest of the entire year.
The New Jersey Division of Gaming Enforcement revealed that the New Jersey online market had revenues of $21.992 million, up 17.5% from the year prior and up $30,000 from the previous record in January. The casino games on offer (slots, table games, etc) brought in $20.2 million, up 22% from the year prior. Poker numbers brought in $1.77 million, down almost $200,000 from the month before.
The Golden Nugget was the top online betting site, having brought in $7.88 million in revenue, up 52.4% from last year. The Borgata was second at $3.79 million, while Resorts Digital was third with $3.77 million. The Tropicana was fourth at $3.35 million, with Caesars coming in fifth at $3.2 million. For the year thus far, New Jersey online revenues are up 17.1% to $44 million.
New Jersey's online numbers have been very strong, having clocked in 12 consecutive months of $20 million or more in revenue. The state is the model for what other states are looking to regulate and tax the activity.