Connect with us

WINNING COMBINATION - SOFTSWISS develops innovative iGaming software products for online casino, sports betting, and beyond. Our products can be delivered as standalone solutions or combined into a single iGaming Platform.

The future of sports betting: BETBY sportsbook is focused on innovation through deep industry knowledge, state-of-the-art software & endless customization possibilities.

Gambling in the USA

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

Published

on

NJ Online Casinos Soar to $31.7 Million in Online Casino Revenue to Set Record Month
Reading Time: 2 minutes

 

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

 

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.

Advertisement

Trending (Top 7)

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.