March's $140.7 Million NJ Online Casino Sets New All-Time Mark

March's $140.7 Million NJ Online Casino Sets New All-Time Mark

NJ online casinos set a new monthly record of $140.7 million. It's the first time in NJ online gambling history the monthly figure exceeds $ 140 million and falls just shy of a national record.

March's $140.7 million NJ Online Casino set a new record.

March's $140.7 million NJ Online Casino set new all-time record.

March's $140.7 million NJ Online Casino revenue is a new industry record. New Jersey launched its online casino market in November 2013. The market is up 23. 7% from the same period last year. Five of the eight license holders saw year-over-year increases of 14%. Bally's Atlantic City went from having no skins to two. The total number of licenses is $408.5 million for 22nd year, up $31.2 million.

March's $140.7 million revenue at NJ Online Casino is new all-time high.

Borgata is the first online license holder to exceed $40 million in a single month. Golden Nugget Online Gaming reported $38.3 million for March. The former market leader reported a 20.5% year-over-year increase.

NJ online casinos had a great March, Pennsylvania's did better. Online casino revenue generates millions in taxes benefiting both states. For March alone, the NJ Internet gaming generated over $21.1 million in tax revenue. The bulk of the money supports the Casino Revenue Fund, which is used solely for seniors and individuals with disabilities programs.

Bally's Atlantic City is the third oldest property in the gambling hall. Caesars Entertainment sold the property to Bally’s Corp. last year. Baly casinos and PointsBet were both live one year ago. Virgin is part of Bly's Corp., and has been around since 2014. March's $140.7 million NJ Online Casino set new all-time mark. NJ online sportsbooks took in $1.1 billion in bets last month.

March's $140.7 million NJ Online Casino revenue is new all-time high. The total for December was $133.2 million. In Wall Street terms, the NJ online casino industry is a bull market. By the time next NFL season rolls around, don't be surprised to see monthly results exceed $150 million in 2022. It's too early to predict the winner of the monthly race between New Jersey and Pennsylvania.

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- #Pennsylvaniagaming revenue reaches $425.3m in August The Pennsylvania Gaming Control Board’s figures show that revenue increased 4.2 per cent year-on-year.

 - #Pennsylvaniagaming revenue reaches $425.3m in August

The Pennsylvania Gaming Control Board’s figures show that revenue increased 4.2 per cent year-on-year.
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New Jersey Superior Court Atlantic County Law Division discarded a law amendment that allowed a considerable tax relief for Atlantic City casino industry: