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New Jersey’s regulated online gambling market shook off the summer doldrums to set a new revenue record in July, while the Golden Nugget established a new individual operator benchmark.
Figures released Tuesday by the New Jersey Division of Gaming Enforcement (DGE) show the state’s licensed online gambling operators generated revenue of $25.9m in July, a $5.3m improvement over the same month last year and $300k higher than the market’s previous high-water mark set this March.
To absolutely no one’s surprise, the online casino vertical did all the heavy lifting, with revenue shooting up nearly 30% to just over $24m. By contrast, the poker vertical slumped nearly 8% to $1.85m.
For the year-to-date, total online revenue is up 16.5% to $165.4m, with the casino vertical up 19.7% to $152.4m and poker down 11% to $13m (less than 8% of the total pie).
July was also a record-breaking month for the Golden Nugget, which reported over $9.3m from its casino-only online operations. That easily surpassed the Nugget’s previous market-best monthly total of $8.65m set this March.
The Borgata family of sites earned runner-up status despite its combined casino/poker total barely surpassing half of the Nugget’s casino-only total. The Borgata earned $4.9m in total, with nearly $468k of that coming via its poker sites.
Resorts Digital Gaming, whose operations include The Stars Group’s PokerStars brand, ranked third with $3.94m, of which $653k came from poker.
Caesars Interactive Entertainment was fourth with just under $3.8m, but its poker sites – which are currently the only ones sharing liquidity with sites in Delaware and Nevada – earned top honors with just under $728k. The Tropicana’s casino-only sites placed fifth with $3.35m.
July welcomed the first online contributions from Atlantic City’s newest gaming venues, the Ocean Resort Casino and the Hard Rock Atlantic City. Both operations are casino-only, and the Hard Rock’s $330k handily beat out Ocean Resort’s $250k, although the Hard Rock had at least a week’s head-start.
Both of these new casinos’ online operations have already signed live casino deals with Evolution Gaming, which expects to launch its New Jersey live dealer studio in the near future.
New Jersey’s regulated online gambling market shook off the summer doldrums to set a new revenue record in July, while the Golden Nugget established a new individual operator benchmark.
Figures released Tuesday by the New Jersey Division of Gaming Enforcement (DGE) show the state’s licensed online gambling operators generated revenue of $25.9m in July, a $5.3m improvement over the same month last year and $300k higher than the market’s previous high-water mark set this March.
To absolutely no one’s surprise, the online casino vertical did all the heavy lifting, with revenue shooting up nearly 30% to just over $24m. By contrast, the poker vertical slumped nearly 8% to $1.85m.
For the year-to-date, total online revenue is up 16.5% to $165.4m, with the casino vertical up 19.7% to $152.4m and poker down 11% to $13m (less than 8% of the total pie).
July was also a record-breaking month for the Golden Nugget, which reported over $9.3m from its casino-only online operations. That easily surpassed the Nugget’s previous market-best monthly total of $8.65m set this March.
The Borgata family of sites earned runner-up status despite its combined casino/poker total barely surpassing half of the Nugget’s casino-only total. The Borgata earned $4.9m in total, with nearly $468k of that coming via its poker sites.
Resorts Digital Gaming, whose operations include The Stars Group’s PokerStars brand, ranked third with $3.94m, of which $653k came from poker.
Caesars Interactive Entertainment was fourth with just under $3.8m, but its poker sites – which are currently the only ones sharing liquidity with sites in Delaware and Nevada – earned top honors with just under $728k. The Tropicana’s casino-only sites placed fifth with $3.35m.
July welcomed the first online contributions from Atlantic City’s newest gaming venues, the Ocean Resort Casino and the Hard Rock Atlantic City. Both operations are casino-only, and the Hard Rock’s $330k handily beat out Ocean Resort’s $250k, although the Hard Rock had at least a week’s head-start.
Both of these new casinos’ online operations have already signed live casino deals with Evolution Gaming, which expects to launch its New Jersey live dealer studio in the near future.
