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NJ Online Casinos Soar to $31.7 Million in Online Casino Revenue to Set Record Month

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6 years ago

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NJ Online Casinos Soar to $31.7 Million in Online Casino Revenue to Set Record Month
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BonusSeeker reports online casino gaming revenue was up over 16 percent in January compared to the prior month, according to figures released Wednesday by state regulators. Online casino operators reported $31.71 million in online casino gross gaming win and $1.88 million in online poker gross gaming win in January of 2019, based on the online revenue figures reported to the New Jersey Division of Gaming Enforcement.

New Jersey online casino operators had their best month to date. NJ gambling sites generated $33.59 Million in online poker and casino revenues in the month of January, which marks yet another record-breaking revenue month. With an additional $15.5 million in online sports betting revenue, NJ operators generated a record breaking $49.09 Million in total online gross gaming revenue.

Golden Nugget Online Casino Group Continues to Lead the Pack in casino revenue with another record revenue month at $12.18 Million.

The market leaders, once again, were the Golden Nugget Casino Online group of operators which includes Sugarhouse Casino Online and Betfair Casino. They generated a record breaking $12.18 million which were heard to be led by strong cross performance from Fanduel Sportsbook into Betfair Casino. In second place in total market revenue, sits Resorts Digital Gaming which houses Resortscasino.com, MoheganSunCasino.com, Pokerstars, and Fanduel with total online revenues of $6.44 million.

“If the market continues to head in this direction, the total online gaming revenues for 2019 will be between $600-$700 million, which is beyond most people’s expectations for the first year of sports betting. These strong results will most likely increase the pace of other states’ race to regulation,” said BonusSeeker.com Managing Editor, Rich Migliorisi.

The licensed NJ online casinos generated $33.59 million in January 2019, up $4.61 million from the previous month.

New Jersey Online Gambling Revenue by the Numbers – January 2019 (in $ millions)

Casino
Golden Nugget $12.18
Resorts $5.77
Borgata $4.25
Caesars $3.85
Ocean Resort $0.530
Hard Rock $1.62
Tropicana $3.49
Total $31.71
Poker
Golden Nugget $0
Resorts $.669
Borgata $.488
Caesars $.724
Ocean Resort $0
Hard Rock $0
Tropicana $0
Total $1.88
Combined
Golden Nugget $12.18
Resorts $6.44
Borgata $4.74
Caesars $4.57
Ocean Resort $0.530
Hard Rock $1.62
Tropicana $3.49
Total $33.59

For more information, visit https://www.bonusseeker.com

About BonusSeeker.com:

BonusSeeker.com is a leading source for iGaming news, online games, and online casino / sports betting promotions in the U.S. regulated online gaming markets.

Source: BonusSeeker

 

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George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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