The New Jersey of Division of Gaming Enforcement has revealed the state's online betting numbers for July, revealing that online casinos generated $53 million in revenue during the period.
Revenues were higher than the $45 million brought in during June, and were boosted by sportsbetting, which generated $6.97 million in the market. The Golden Nugget Online led the way, raking in $14.89 million in revenue, bringing their year-to-date total to $93.5 million. Resorts Digital Gaming generated $6.24 million, reaching $43.5 million year to date. The Borgata was third at $5.92 million, with year to date numbers of $37.43 million.
The market continues to be the most lucrative in the United States, although competition from neighboring Pennsylvania may end up siphoning some of the revenues. Revenues will likely see another bump in the months to come, as the NCAA football and NFL seasons are getting underway.
Comments
Jersey is such a great test case for why we should have regulated online betting here. So many benefits, mainly for the gamblers themselves.
sharpe
Think you're right Slim, more so the states and communities are beneficial themselves from the taxes and the licensing fees.
What's going on in Michigan, any news about it?