July Revenue Figures Suggest Sky's The Limit For NJ Online Casino

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Pre-Pandemic Profit Levels Still Not Reached By AC Casinos

Online gambling and sports wagering reached almost record levels over the past month in New Jersey. Additionally, the money that almost half of the Atlantic City casinos earned from in-person players is bigger than what they earned during September 2019, prior to the start of the COVID-19 pandemic. Concerns don't subside: While the figures unveiled…

Sports ・ 17 October 2023

US Bets

ICasino Provides More August NJ Tax Revenue Than B&M Casinos

The New Jersey Division of Gaming Enforcement reported $531.6 million in gaming revenue for August, with the bottom line boosted by double-digit year-over-year growth in internet casino gaming and sports wagering. The state's nine casinos in Atlantic City combined for $280.3 million in operator revenue, an increase of 2.3% compared to the same…

Finance ・ 19 September 2023

US Bets

U.S. Online Casino Revenue Totals $481.5 Million For July

The six states that offer online casino gaming combined to generate more than $481.5 million in gross revenue for July, a 22.7% increase compared to last year. The July figure was down 0.1% compared to June's $482.1 million, with the two months separated by less than $610000. New Jersey paced the group with nearly $155.2 million, while Michigan was…

Finance ・ 25 August 2023

ABC News

New Jersey's gambling revenue was up by 5.3% in July. The Borgata casino set a new monthly record

Atlantic City's casinos, New Jersey horse tracks that take sports bets, and their online partners won over half a billion dollars from gamblers in July, up 5.3% from a year earlier ByWAYNE PARRY Associated Press ATLANTIC CITY, N.J. -- Atlantic City's casinos, the three New Jersey horse tracks that take sports bets, and their online partners won…

Finance ・ 20 August 2023

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National Online Casino Revenue Totals $482 Million For June

The six states that offer regulated internet casino gaming combined to generate $482.1 million in gross revenue for the month of June, a 24.3% increase compared to last year. Michigan paced the group with $151 million, with New Jersey Pennsylvania was the only other state to reach nine figures at $135.4 million, while Connecticut, West Virginia,…

Finance ・ 27 July 2023

Yogonet

New Jersey gambling revenue sees 14% jump in June, but in-person casino win still lags behind

New Jersey's gambling industry experienced a significant boost in June, with casinos, horse tracks, and online gambling platforms generating over $457 million in revenue. This marks a 14% increase compared to the same period last year, according to data released by the New Jersey Division of Gaming Enforcement. However, in-person gambling revenue,…

Finance ・ 25 July 2023

US Bets

New Jersey Gambling Revenue Totals $462.7 Million For April

The New Jersey Division of Gaming Enforcement on Tuesday reported overall gambling revenue of more than $462.7 million for the month of April, a 9.5% increase compared to last year but also a decline from March. Two of the three gaming disciplines - sports wagering and internet casino gaming - posted double-digit percentage gains compared to 2022.…

Finance ・ 20 May 2023

US Bets

New Jersey Sets Another Record For Online Casino Revenue

The New Jersey Division of Gaming Enforcement reported a record $152.9 million in online casino revenue for the month of January, as revenue from the suite of virtual casino games other than online poker cleared $150 million for the first time. It was an overall improvement of 0.9% from the previous record of $151.5 million established in December.…

Finance ・ 20 February 2023

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New Jersey Online Gambling

NJ Casino Revenue Slides Below $360 Million For November

The New Jersey Division of Gaming Enforcement reported a combined $358.6 million in revenue from casino gaming in Atlantic City and statewide online casino gaming for November, with both disciplines showing small month-over-month declines and year-over-year improvements. Atlantic City's nine casinos combined for more than $214.5 million in revenue,…

Finance ・ 15 January 2023

Gambling Industry News

New Jersey Gambling Revenue up by 7% For Month of September

The latest monthly revenue report from the New Jersey Division of Gaming Enforcement has revealed that combined gambling revenues for the month of September came to $485 million. The latest figures represent a jump of 6.9% on the $453.6 million reported in September of 2021. This brings the year-to-date total to $3.87 billion, an increase of 12.3%…

Finance ・ 18 October 2022

Yogonet

New Jersey sees gaming revenue up nearly 7% in July, but in-person casino win still struggling to match pre-pandemic numbers

As reported by the New Jersey Division of Gaming Enforcement, the state's casinos, horse tracks offering betting and the online partners of both types of gambling outlets made a combined $480.7 million in July, an increase of 6.7% compared to the same period in 2021. However, Atlantic City's nine casinos continue to struggle to reach their…

Covid ・ 24 September 2022

Gambling Industry News

New Jersey Gambling Revenues Increase by 10.1% in August

The New Jersey Division of Gaming Enforcement has released its latest monthly revenue report revealing that combined gambling revenues for the month of August came to $470.7 million. The latest figures represent a jump of 10.1% on the $427.7 million reported in August of 2021. This brings the year-to-date total to $3.38 billion, an increase of…

Finance ・ 19 September 2022

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The Nevada Independent

Nevada casino revenue drops in July over ‘very high bar’ set last year

Strip casinos recorded their second highest-ever single-month revenue total during July, confounding predictions that the nation's largest casino market was facing economic challenges. The primary reason July's $773.4 million in gaming revenue wasn't a record? It was up against July 2021's record total of $792.6 million. Instead, the Strip in July…

Land-based ・ 30 August 2022

New Jersey Online Gambling

Atlantic City Casinos' Retail Revenue Surges To $299 Million In July

Garden State casinos beat the heat in epic style during July, generating their highest monthly revenue total in eight-plus years, according to figures from the New Jersey Division of Gaming Enforcement released Tuesday. The nearly $299 million in brick-and-mortar casino revenue is the highest total for any month going back to January 2014, the…

Land-based ・ 17 August 2022

New Jersey Online Gambling

Rising Tide Lifted All AC Casino Boats In First Half Of 2022

Even when the Atlantic City casino industry reports strong brick-and-mortar revenue overall, there usually are one or two among the nine properties that fall back, at least moderately, for the particular period in question. But the first half of 2022 was an exception, according to revenue figures announced Friday by the New Jersey Division of…

Covid ・ 21 October 2022

New Jersey Online Gambling

NJ Collecting More Taxes From Online Casinos Than Brick-And-Mortar

Online casino games in New Jersey have a long way to go before they ever catch up to revenues (in a non-pandemic era) produced the old-fashioned way: from customers showing up at the nine Atlantic City casinos and doing their gambling there. But the online version has taken the lead in an important way for state residents, as more tax dollars are…

Finance ・ 19 October 2021

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Nevada casino win sets $1.36B record in July, fifth month topping $1B in a row

evada casinos have set a new gaming win record of $1.36 billion for the month of July, according to figures presented by the state's Gaming Control Board. The new monthly revenue record surpasses prior all-time highest revenue of $1.23 billion set past May. Moreover, the newly shared figures prove the industry is back on its feet following the…

Land-based ・ 26 August 2021

Online Poker Report

July 2021 Online Gambling Revenue: NJ Back To Setting Records

New Jersey iGaming revenue hit at all-time high in July. Setting such records each month has been the norm for most of the market's history. However, it's more significant this time in that it marks the end of a three month long slump. Collectively, the state's online casinos earned $118685095 in July. The previous record dates back to March, when…

Finance ・ 19 August 2021

Yogonet

New Jersey sets new monthly record in internet gaming, total revenue up 70.4%

he New Jersey Division of Gaming Enforcement released August 16 figures of the total gaming revenue for the month of July, which was $450.6 million compared to $264.5 million in July 2020, signaling a 70.4% increase. Other highlights include revenue of $118.7 million in Internet gaming, compared to $87.5 million in the prior period; an increase of…

Finance ・ 18 August 2021

Online Poker Report

Calm Waters Continue For NJ Online Gambling Market In June

If there's been one word to describe the US online gambling market over the last quarter, it's "stability." That's even more true for New Jersey, as the country's oldest and most mature iGaming market. New Jersey online casinos and poker rooms grossed a total of just over $107 million in June. That's the lowest bottom line figure they've posted…

Industry ・ 16 July 2021

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Atlantic City casinos pull in big bucks, set monthly gambling record

Atlantic City's casinos set a new monthly record for gross gambling revenue in June, winning more than $345 million from gamblers as pandemic fears eased somewhat and gamblers returned with their wallets. That figure was nearly four times as much as the nine casinos won last June, when they were closed due to the coronavirus outbreak. Starting next…

Land-based ・ 17 July 2021

Online Poker Report

NJ Online Casinos Hit Record High In October 2020

After several fairly flat months, New Jersey online gambling revenue has begun to surge once again. NJ gambling sites combined to bring in $93.5 million for the month of October, setting a new record. Prior to this, total online revenue for the state had hovered between $85 million and $88 million since May. Sports betting was also on the rise, up…

Poker ・ 19 January 2021