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NJ Sports Betting Fumbles in Its Second Full Month, Down 51%

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NJ Sports Betting Fumbles in Its Second Full Month, Down 51%Reading Time: 2 minutes

 

New Jersey sports betting was looking red hot in September with the first month of NFL betting generating nearly $24 million but things took a quick turn in October where revenues dropped drastically to $11.68 million, a drop of 50.6% month over month. While it’s too early to throw in the red flag we should take notice of a few things. Firstly, not all NJ online casinos who are planning to offer sports betting have launched as of today. Golden Nugget online casino, Resorts Online Casino, Hard Rock online casino, and Bet365 are just a few that all plan to launch online sportsbooks within the next few months. So, the market is still very young and without a few of its heavy hitters.

Odds Underdogs Could Be Throwing Off NJ Sportsbook Revenues

Secondly, NJ sportsbooks can have bad months. At the current level of revenue, it is very easy for a few big wins to drastically sway the revenue total. Look at DraftKings Sportsbook. They went from $8.5M in September to just over $5M in October. While we don’t have visibility into turnover volume, we can say confidently that DraftKings probably took in some heavy action that didn’t go their way. Thirdly, home underdogs have been uncharacteristically good against the spread this year with a total record of 27-22-1 through November 20th.

NJ Sportsbooks Are Still Catching Their Footing

And lastly, the sportsbooks in market are still trying to catch their footing. It’s early days for NJ sports betting and most books are still tweaking their operations and gearing up their marketing. There is still much to learn in terms of liability and odds management and the books are getting better every day. Give them some time and not before long will we see more brand advertising and better service.

“We’ll be keeping a close on the market as we move out of the NFL regular season to see what impact that will also have on the market but it should be noted that there could be some lost revenue back to the black market while NJ still suffers from payment and registration pains,” said BonusSeeker.com NJ Marketing Editor, Anirudh Vashishth.

The regulated New Jersey online sports market generated $11.68 million gross revenue in October, down $11.98 million from the previous month.

October 2018 NJ Sports Betting Online Revenue (in millions)

SPORTSBOOK

Oct-18

Bally Casino AC

$                                           0.30

Bally Online

$                                           0.11

Borgata Casino AC

$                                           0.12

Borgata Online

$                                           0.07

Golden Nugget Casino AC

$                                           0.05

Golden Nugget Online

$                                           0.15

Harrahs Casino AC

$                                           0.10

Harrahs Online

$                                                 –

Ocean Resort Casino

$                                           0.44

Ocean Online

$                                           0.39

Resorts Casino AC

$                                           0.10

Resorts Online

$                                           5.09

Meadowlands Track

$                                           1.11

Meadowlands Online

$                                           2.43

Monmouth Park

$                                           0.61

Monmouth Online

$                                           0.61

Tropicana AC

$                                           0.02

Tropicana Online

$                                                 –

Total

$                                         11.69

Total Online

$                                           8.84

Total B&M

$                                           2.85

 

PA Sportsbooks Kick Off After New Jersey’s Wave

On Nov 15th, Hollywood Casino opened it’s PA Sports betting lounge, the first operator to take a legal sports bet in Pennsylvania. Online sports betting is also legal in PA, however no operators have launched this service as of now. PA Casinos are anticipated to open up online sports betting operations before the end of the ’18-’19 NFL season.

For more information, visit https://www.bonusseeker.com

 

About BonusSeeker:
BonusSeeker is a leading source for iGaming news, online games, and online-casino promotions in the U.S. regulated online gaming markets.

 

Source: BonusSeeker


Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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PopOK Gaming Shortlisted for Global Gaming Awards EMEA 2026

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PopOK Gaming has been shortlisted for the Global Gaming Awards EMEA 2026 in the following two categories: “Product Launch of the Year” and “Crash Game of the Year.”

This recognition reflects the company’s continuous dedication to excellence and its growing influence within the international gaming landscape. Over the past year, PopOK Gaming has introduced a number of successful new titles and innovative features that have strengthened its position as a trusted and creative force in the industry.

The Global Gaming Awards celebrate companies that have shown strong performance, innovation and impact across the EMEA region over the past year. The shortlist is the result of a thorough selection process that highlights those setting high standards in the field.

Final winners will be chosen by a panel of senior industry executives, with KPMG monitoring the voting process to ensure transparency and fairness. The award ceremony will take place on 19 January 2026, during the opening day of ICE at Fira Barcelona Gran Via.

The post PopOK Gaming Shortlisted for Global Gaming Awards EMEA 2026 appeared first on European Gaming Industry News.

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Brightstar Lottery Signs Contract with Pan Malaysian Pools

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Brightstar Lottery PLC announced that it has signed a contract with Pan Malaysian Pools SDN BHD (PMP), a licensed numbers forecast operator in Malaysia, to supply and deliver 1200 Retailer Pro S2 terminals as part of PMP’s ongoing quest to upgrade its business infrastructure. The Retailer Pro S2 offers high performance, reliability and a variety of options and peripherals to meet the current and future needs of lotteries and retailers.

“Deploying Brightstar’s Retailer Pro S2 terminals will provide several added benefits for PMP, our retailers, and players. The many components of this sophisticated terminal will support PMP in our efforts to offer modern experiences for our players, reliable solutions for retailers, and enhance productivity and profitability in our business that continuously funds The Community Chest, which establishes and develops schools throughout Malaysia,” said Tan Kong Han, PMP Managing Director.

“Brightstar’s Retailer Pro S2 represents the next-generation evolution of our industry-leading Retailer Pro terminal, now more compact, powerful, and flexible. Designed for dynamic retail environments like those in Malaysia, the S2 redefines player engagement by offering a range of interactive options that elevate the experience for PMP’s players,” said Marco Tasso, Brightstar Chief Operating Officer International and Italy Operations.

Engineered for speed and reliability, the Retailer Pro S2 features a 15.6″ full HD clerk-facing touchscreen and is powered by a high-performance processor that ensures rapid transaction processing. Its ergonomic, modular design supports multiple player-facing displays and a broad range of peripherals – including barcode scanners, fingerprint readers, NFC technology and webcams – enabling flexible and engaging player interactions. This next-generation terminal reflects Brightstar’s commitment to innovation and operational excellence across diverse retail environments.

Brightstar serves nearly 90 lottery customers and their players on six continents. It is the primary technology provider to 26 of the 46 lottery jurisdictions in the US and eight of the world’s 10 largest lotteries.

The post Brightstar Lottery Signs Contract with Pan Malaysian Pools appeared first on European Gaming Industry News.

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Amusnet Releases its Latest Online Slot, 20 Aztec Coins

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Amusnet has released 20 Aztec Coins, a new online slot that brings the ancient Aztec world to live. The game drops players into a vivid temple setting and delivers fast, modern gameplay across 5 reels, 3 lines and 20 paylines.

The blue mask Wild takes center stage and boosts wins, while the fierce Aztec man joins a lineup of ten symbols that drive the game’s action. The Scatter opens bonus paths, keeping every spin sharp and rewarding.

20 Aztec Coins pushes innovation with its Cash Collect feature, letting players grab instant prizes as they land. The Mystery Reel Nudge keeps the suspense high, shifting reels at the perfect moment for a surprise win.

The Jackpot Cards gives players a chance to pick their way into one of several powerful jackpot tiers.

With this exciting slot, Amusnet delivers a bold mix of atmosphere, modern features and nonstop action. Explore the heart of the Aztec times, stone temples, awaken the forgotten myths, and let 20 Aztec Coins guide you to your next big win.

Mystery Nudge Feature

Triggered mysteriously on the fifth reel only in case that one or more Bonus symbols are present on the reels, there is no Collect symbol, and there are no wins on the screen. When the fifth reel nudges, it moves down, revealing new symbols on the screen.

Bonus

Golden coins appear on the 1st, 2nd, 3rd and 4th reel with certain monetary value displayed. If a Collect symbol appears on 5th reel, the values of the golden coins are added to the current winning of the game.

Gamble

Play the game and multiply the winnings through the Gambling feature.

Jackpot Cards

The Jackpot Cards bonus game is triggered at random during the gameplay to allow players to win impressive jackpots.

The post Amusnet Releases its Latest Online Slot, 20 Aztec Coins appeared first on European Gaming Industry News.

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