Latest figures from the regulator show that the state’s online gambling operatons produced the second highest revenues since legalisation
The New Jersey Division for Gaming Enforcement released gambling statistics for the month of September on Friday, highlighting an outstanding performance from the online casino vertical but disappointing poker performance.
Overall online gambling revenue soared 26.3 percent y-o-y to $25,752,461 – the second-highest monthly total since online gambling was legalised five years ago – with online casinos delivering $24,142,472, exceeding the $20 million mark for the ninth month running and achieving a remarkable 30.6 percent year-on-year improvement. .
Disappointingly, online poker took the opposite direction, establishing a new low of $1.6 million – a y-o-y decline of 15.4 percent – despite the shared liquidity with Delaware and Nevada.
Golden Nugget again led the online sector with revenues of $9,284,127 – crossing the $8 million benchmark for the seventh month running, with Borgata its closest rival on just over $4.5 million. Caesars Interactive Entertainment New Jersey chased in third on $4.16 million.
Resorts Digital Gaming, which partners with The Stars Group, claimed the fourth spot on $3.43 million, ahead of Tropicana which contributed $3.34 million.
Newcomers Hard Rock Atlantic City and Ocean Resort City have a way to go to catch up, reporting revenues of $649,000 and $324,000 respectively.
New Jersey’s online gambling revenue on a year-to-date basis continue to impress at $216 million – up 17.6 percent.
But the YTD numbers again reflect poker failing whilst the casino vertical prospers; poker YTD is down 11.7 percent at $16.4 million, whilst the online casino vertical is up almost 21 percent at $199.6 million.
Total land and online gambling revenue for September in New Jersey was up 19.5 percent at $281.7 million. Total gaming revenue so far this year is up 5.4 percent to $2.15 billion.