New Jersey Online Gambling Revenues Pass $20m Mark for Sixth Straight Time
Online gambling in the state of New Jersey continues to grow. Figures released today by the New Jersey Division of Gaming Enforcement (DGE) show that state license online gambling operators generated $21.3 m in August which is up 32.4% from the same period last year and $700k higher than the month of July this year. This number is significant as it marks a sis month streak of revenues over $20m for the Garden State.
Most of the revenue come from the online casino vertical as in the past with $19.2m with online poker making up $2.1m. The online poker is not expected to improve any time soon as the pool of players is just too small. Top casino earner was the Golden Nugget with $5.2m in revenue.
Number 2 spot was surprisingly Caesars with $4.4m which is impressive given the fact that they were stone last in July. The Borgata took third place with $4.3m followed by Tropicana with $3.8m and Resorts Digital Gaming with $3.5m.The Tropicana is one to watch as they are experiencing an upwards trend with their third month-on-month increase and best month since May. They are up about 33 percent year-on-year already.