New Jersey Online Gambling Revenue Hits Another Record in JulyPublished August 21, 2018 by Elana K
New Jersey online gambling revenue hit a new record this July, with most of its revenue coming from online casino games, not poker. July marks the 17th consecutive month in which the state’s online gambling revenue totaled more $20 million.
The New Jersey Division of Gaming Enforcement (DGE) has released July’s gaming numbers, and the surprise is that there was no summer slump; in fact, New Jersey raked in $25.9 million, $5.3 million more than the industry earned in July 2017, and $300 thousand more than the state’s previous record, set in March 2018.
The only non-surprise is that New Jersey’s strong numbers came from its online gambling industry, not online poker. Online casino revenue rose nearly 30%, reaching a bit more than $24 million, whereas online poker decreased by 8% and brought in approximately $1.85 million. Still, even online poker’s slow pace can’t seem to stop the New Jersey online gambling machine.
The Golden Nugget hit its own record-high this July, earning over $9.3 million just from its online casinos and surpassing its previous record of $8.65 million, set in March 2018.
Borgata came in a far second with a total revenue of nearly $5 million, including online casinos and poker. Resorts Digital Gaming came in third with nearly $4 million in revenue from its online casino and poker games. Caesars came in fourth with a bit under $3.8 million, but its poker industry did surprisingly well, bringing in over $700 thousand. Caesars poker rooms are currently the only ones sharing player pools with Delaware and Nevada, which explains the casino’s high poker intake. The Tropicana came in fifth place with $3.35 million
New Jersey’s on a Roll
July marks the 17th consecutive month in which the state’s online gambling revenue totaled more $20 million. New Jersey’s success comes at an ideal time; Pennsylvania online gambling is getting underway while numerous other states are looking toward legalization as a much-needed solution to their budget woes. As New Jersey continues to succeed month after month, other states can point to it as a model for their own burgeoning industries.