$26.94 Million -- New Jersey Online Casino Market Inches Closer to Billion Dollar Revenue Mark

13/12/2018 11:35

Source: PR News

ATLANTIC CITY, N.J., Dec. 13, 2018 /PRNewswire/ -- There has been no slowing down for New Jersey online casino operators in the holiday season. NJ gambling operators generated $26.94 Million in poker and casino revenues in the month of November, which marks yet another record-breaking revenue month. That brings the yearly gross revenue total for the market to $269.68 Million and the total revenue since the market opened to just over $990 Million, just a few million shy of the billion dollar mark.

Golden Nugget Online Casino Group Continues To Lead The Pack

The market was led once again by the Golden Nugget Casino Online group of operators which includes Sugarhouse Casino Online and Betfair Casino, with a whopping $9.2 Million in November. New comers like Ocean Resorts and Hard Rock, NJ seem to be holding their own with continued growth from both operators generating a combined total of $2.04 Million in gross revenue.

"With the addition of almost $1bn in sports wagering activity over 5 months in New Jersey, there is no telling how much the online gambling market could still grow. We feel we could be looking at a billion dollar a year NJ online gambling market within the next two to three years." said BonusSeeker.com Casino Editor, Rich Migliorisi.

The licensed NJ online casinos generated $26.94 million in November 2018, up $190k from the previous month.

New Jersey Online Gambling Revenue by the Numbers - November 2018 (in $ millions)

Casino


Golden Nugget        

$9.21

Resorts                     

$3.04

Borgata                     

$4.40

Caesars                    

$3.29

Ocean Resort          

$0.73

Hard Rock                

$1.31

Tropicana                 

$3.40

Total                         

$25.38

 

Poker


Golden Nugget        

$0

Resorts                     

$.530

Borgata                     

$.394

Caesars                    

$.637

Ocean Resort          

$0

Hard Rock                

$0

Tropicana                 

$0

Total                         

$1.56

 

Combined


Golden Nugget        

$9.21

Resorts                     

$3.57

Borgata                     

$4.79

Caesars                    

$3.93

Ocean Resort          

$0.73

Hard Rock                

$1.31

Tropicana                 

$3.40

Total                         

$26.94

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