New Jersey Sets Online Betting Revenue Record in January

The state of New Jersey set a financial record in terms of online betting revenues during the month of January, hauling in $33.6 million during the period.

The New Jersey Division of Gaming Enforcement released the numbers, revealing that January's totals were up 53% from the same period in 2018. The number was also up $4.6 million from the month prior. Casino revenues made up $31.7 million of that total, up 58.5% from last year. online poker brought in $1.88 million, down 3.5% from the year prior.

The Golden Nugget hauled in $12.18 million in online revenue for the month, besting all other operators. Resorts Digital took second with $6.45 million, while the Borgata was third at $4.74 million. Caesars Interactive made $4.57 million, and the Tropicana was fifth at $3.5 million.

Online betting has been a huge industry since it launched a few years back within the Garden State. Indeed, the passage of online betting and sportsbetting has made New Jersey the template for other states looking to legalize online betting services within their own borders.