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NJ online casinos and sportsbooks end the summer on a strong note as total online gross revenues shoot up $7.08 million month-over-month in August, according to Bonusseeker.com. Led by a record breaking $41 million in revenues by NJ online casinos and poker rooms, August total revenues jumped to just over $60 million with online sports betting included, according to figures released September 12th, 2019 by the New Jersey Division of Gaming Enforcement.
Golden Nugget Online continues to dominate the competition with almost $14.98 million in online casino revenue for August. In fact, they topped its previous record-breaking month of $14.89 million in July.
Borgata Online Casino continues to nip at the heels of Resorts Digital, closing the gap to only a few thousands in revenue at $6.72 million, compared to Resorts’ $6.85. Resorts Digital Gaming houses Draftkings, Resorts Casino, and the newly formed FoxBet, which was previously BetStars.
With a $1.78 million month over month increase in online casino revenue and a $5.29 million increase in online sport wagering gross revenue online casinos and sportsbooks in New Jersey close August on a record note and look to continue their growth well into football season.
- $39.39 million in gross online casino gaming win
- $19.2 in gross online sports betting win
- $1.71 million in gross online poker gaming win
What is really impressive is the $19.2 million in gross online sports betting win. The NFL preseason kicked off on August 8 along with college football starting up, which surely helped sportsbooks get back on track after a relatively slow July. With sports betting showing such promise for just preseason NFL games, the market is looking forward to a big September.
“Football is back and soon the MLB postseason will be here. Therefore the industry is expecting an even bigger September and October.” said Rich Migliorisi, Managing Editor at BonusSeeker.com
New Jersey Online Gambling Revenue by The Numbers – August 2019 ($ in millions)
Here is the full breakdown for New Jersey online casino revenue in August.
- Golden Nugget: $14.98
- Resorts: $6.85
- Borgata: $6.72
- Caesars: $4.26
- Ocean Resort: $0.372
- Hard Rock: $2.13
- Tropicana: $4.06
Total: $39.39
NJ Online Poker Revenue in August
- Resorts: $.593
- Borgata: $.410
- Caesars: $.704
Total: $1.70
Combined NJ Online Casino and NJ Online Poker Revenue in August
- Golden Nugget: $14.98
- Resorts: $7.45
- Borgata: $7.13
- Caesars: $4.97
- Ocean Resort: $0.371
- Hard Rock: $2.13
- Tropicana: $4.06
Total: $36.29
NJ Sports Betting Online Revenue in August
- Bally: $.314
- Borgata: $.261
- Golden Nugget: $.181
- Hard Rock: $.106
- Ocean Resorts: $.915
- Resorts Digital: $6.70
- Meadowlands: $9.27
- Monmouth: $1.39
- Tropicana: $.039
Total: $19.2
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This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: NJ Online Gambling Revenues Shoot up to .3 Million, Led by Record Online Casino Revenue
