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New Jersey, Golden Nugget break online gambling records

new-jersey-online-gambling-nugget-revenue-record 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.

For the original version including any supplementary images or video, visit https://calvinayre.com/2018/08/14/business/new-jersey-online-gambling-golden-nugget-revenue-record/

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