New Jersey Online Gambling Revenue
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*New Jersey Online Sports Betting Revenue
*New Jersey Online Gambling Sites
*New Jersey Online Sports Betting
*New Jersey Online Gambling Bill
Ever since the start of 2019, New Jersey’s online casino industry revenue has been skyrocketing with no signs of slowing down. The $30 million mark was breached back in January, with the revenue reports on following months even indicating proximity to yet another mark – $40 million.
Nevertheless, the March record revenue reported by the New Jersey Division of Gaming Enforcement soared all the way to $39,134,380, only to decrease slightly over the following month. Last Tuesday, the DGE revealed the numbers for April, going as high as $36,582,934.News Highlights
*New Jersey Division of Gaming Enforcement reports a record revenue increase in 2019.
*Top results have so far been achieved in March, going quite near the $40 million mark.
*Atlantic City Casinos are flourishing, with an overall 52.4% increase from last year’s April revenue reports.
*The November online gambling revenue reached close to $27 million – $14 million of which came from NJ sports betting sites, the NJ Division of Gaming Enforcement reports. In 2017 the New Jersey online gambling industry had revenues of total $245.6 million, which has already been surpassed by this years number, with one month left of this year.
*New Jersey represents just how modern America really is and this is evident since gambling laws have evolved in favour of the state. In fact, the law banning online casinos from operating in NJ was lifted on the 23 rd of February in 2013 and this was indeed a memorable day.New Jersey Online Casino Growth Overview
A total of seven land-based casino establishments in the state each operate at least one online casino brand, with some combining multiple platforms. Others even practice cross-game services including sports betting. Regardless of this, only five have been present since last year’s April, and according to official reports, they still managed to reach a most impressive rise of 52.4% in revenue during the one year period.
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Figures released Tuesday by the New Jersey Division of Gaming Enforcement show the state’s licensed online gambling operators generated combined revenue of $49.3m in December, a 70% improvement. New Jersey Division of Gaming Enforcement reports a record revenue increase in 2019. Top results have so far been achieved in March, going quite near the $40 million mark. Atlantic City Casinos are flourishing, with an overall 52.4% increase from last year’s April revenue reports.
The numbers show that they have made a total of $141,060,432 in profits over the first four months of the year, showing for even more potential until the end of 2019.
The following is a complete overview of New Jersey profits for separate license holders and their contribution to the annual rise:RankingOnline CasinoApril 2018 RevenueApril 2019 Revenue% Change1Golden Nugget$8,133,024$13,854,52770.3%2Resorts Digital$3,612,726$7,137,48097.6%3Borgata$4,591,300$5,463,15319%4Caesars$3,508,820$4,579,09430.5%5Tropicana$3,172,891$3,685,35816.2%6Hard RockN/A$1,554,913N/A7Ocean ResortN/A$308,409N/AHow Do They Rank Individually?New Jersey Online Sports Betting Revenue
Seeing the increase of profits as directly as through this table gives you a preview of the top contenders for this year’s greatest success story. There is no denying the impressive increase of 97.6% for the Resorts Casino, achieving the increase of slightly over $3 and a half million to over $7 million in a year’s time.
It’s safe to say that the DraftKings Casino website has contributed to the Resorts Digital online casino. This is mostly due to the popularity of the DraftKings Sportsbook, a significant player in the New Jersey online bookmaker’s scene, and valuable addition to the Resorts licensee.
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Still, Golden Nugget undisputedly continues to hold the lead with an impressive increase of about $5 million, i.e. a 70.3% revenue increase. This has only been topped by last month’s revenue reporting $14,227,820 profits, both of which serve to set the casino licensee apart as the industry’s lead power.
The Borgata and Tropicana have also noted some rise in revenue, even though they are only slightly north of 20%. Caesars, however, has managed to achieve a 30.5% rise through its three brands:
*888 CasinoWhat’s to Come for New Jersey’s Online Gambling Industry?
Despite recurring turbulences, the New Jersey online gambling market remains as stable and varied as ever, with a notably positive tendency in all its aspects. About 80% of the monthly handle is mainly attributed to income from mobile app and browser popularity. The market has been experiencing a continuous 11-month growth, and with the rise of 16.9% Agua caliente casino palm desert ca. in April revenue compared to last year’s, it seems like online gambling in the state is going nowhere but up.
Fresh off the heels of setting a new monthly revenue record in March, New Jersey iGaming revenue almost did it again last month.
According to the latest monthly reporting from the New Jersey Division of Gaming Enforcement (NJDGE), the Garden State’s iGaming sector – which comprises online casino games and poker, but not sports betting – topped out at $36,582,934 in April revenue. That’s good for the second-highest monthly total since legal New Jersey online gambling was regulated in November of 2013.New Jersey iGaming Revenue Reaches New Heights in 2019
The highwater mark thus far was established in March, when iGaming operators generated $39,134,380 in combined “win” revenue across the casino and poker verticals. That performance eclipsed the previous record of $33,594,391 from January, which means the three highest monthly New Jersey iGaming revenue hauls in the state’s history have occurred this year.
To put the revenue spike in perspective, April’s revenue total represents a 58.9 percent year-on-year increase from last April’s win production of $23,018,762. It took just over five years for New Jersey iGaming revenue to reach the $30 million monthly revenue milestone, but that threshold has easily been met every time in 2019.
Assessed on a quarterly basis, iGaming win increased to $141.1 million between January and April – marking a 52.4 percent jump compared to the first four months of last year.Golden Nugget Laps the Casino Field
With combined revenue of $13,854,527 across its three online casino platforms – GoldenNuggetCasino.com, BetfairCasino.com, and PlaySugarhouse.com – the Golden Nugget licensing group accounted for nearly 40 percent of New Jersey’s total online casino win in April.
In dominating the state’s online casino industry for the 29th consecutive month, Golden Nugget’s licensing group managed to more than double its nearest competitor in Resorts AC.New Jersey Online Gambling Sites
Across its own collection of iGaming “skins” – ResortsCasino.com, DraftKings.com, MoheganSunCasino.com, PokerStarsNJ.com – Resorts AC licensees combined to win $6,578,406 last month.
To see how the rest of New Jersey’s online casino operators stacked up, see the monthly revenue table below:April Online Casino Win by OperatorOperatorOnline Casino WinGolden Nugget / Betfair$13,854,527Resorts AC$6,578,406Borgata / Party$5,072,192Caesars / Harrah’s / 888$3,861,152Tropicana / Virgin$3,685,358Hard Rock AC$1,554,913Ocean Resort$308,409TOTAL$34,914,957
After treading water in the middle of the pack since launching in late 2013, Golden Nugget became the first licensing entity to top the $10 million monthly revenue plateau last December. That’s been the benchmark ever since, topped by a $14,227,820 take to cap last month’s historic haul. Meanwhile, none of Golden Nugget’s competitors have even approached eight figures.
Even when the online poker vertical – which Golden Nugget doesn’t include – is factored into its rivals’ revenue totals, no other licensing group has made it above $8.5 million in a month.
Golden Nugget’s rise to juggernaut status was cemented in August of 2016, after the group became the first iGaming license-holder to incorporate Live Dealer casino games.
More recently, Golden Nugget has successfully integrated online sportsbook platforms like FanDuel. While sports betting revenue doesn’t contribute to the data referenced above, FanDuel does offer a casino games menu linked to Golden Nugget licensee Betfair, and thus generates iGaming revenue for the group.Poker Vertical Continues Distressing Swan DiveNew Jersey Online Sports Betting
After posting a combined win total of just $1,667,977 in April, the three-pronged online poker industry in New Jersey sank to a new low on the year:April Online Poker Win by OperatorOperator (Platform)Online Poker WinCaesars / Harrah’s / 888 (WSOP.com)$717,942Resorts AC (PokerStars.nj)$559,074Borgata (PartyPoker)$390,961TOTAL$1,667,977
Poker revenue fell sharply by 12.34 percent compared to last month alone, dropping by more than $235,000 from March’s total of $1,903,790.New Jersey Online Gambling Bill
Overall, poker hasn’t had a month as bad as April since November of last year, when the state’s three licensing groups combined for $1,561,639.
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*New Jersey Online Sports Betting Revenue
*New Jersey Online Gambling Sites
*New Jersey Online Sports Betting
*New Jersey Online Gambling Bill
Ever since the start of 2019, New Jersey’s online casino industry revenue has been skyrocketing with no signs of slowing down. The $30 million mark was breached back in January, with the revenue reports on following months even indicating proximity to yet another mark – $40 million.
Nevertheless, the March record revenue reported by the New Jersey Division of Gaming Enforcement soared all the way to $39,134,380, only to decrease slightly over the following month. Last Tuesday, the DGE revealed the numbers for April, going as high as $36,582,934.News Highlights
*New Jersey Division of Gaming Enforcement reports a record revenue increase in 2019.
*Top results have so far been achieved in March, going quite near the $40 million mark.
*Atlantic City Casinos are flourishing, with an overall 52.4% increase from last year’s April revenue reports.
*The November online gambling revenue reached close to $27 million – $14 million of which came from NJ sports betting sites, the NJ Division of Gaming Enforcement reports. In 2017 the New Jersey online gambling industry had revenues of total $245.6 million, which has already been surpassed by this years number, with one month left of this year.
*New Jersey represents just how modern America really is and this is evident since gambling laws have evolved in favour of the state. In fact, the law banning online casinos from operating in NJ was lifted on the 23 rd of February in 2013 and this was indeed a memorable day.New Jersey Online Casino Growth Overview
A total of seven land-based casino establishments in the state each operate at least one online casino brand, with some combining multiple platforms. Others even practice cross-game services including sports betting. Regardless of this, only five have been present since last year’s April, and according to official reports, they still managed to reach a most impressive rise of 52.4% in revenue during the one year period.
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Figures released Tuesday by the New Jersey Division of Gaming Enforcement show the state’s licensed online gambling operators generated combined revenue of $49.3m in December, a 70% improvement. New Jersey Division of Gaming Enforcement reports a record revenue increase in 2019. Top results have so far been achieved in March, going quite near the $40 million mark. Atlantic City Casinos are flourishing, with an overall 52.4% increase from last year’s April revenue reports.
The numbers show that they have made a total of $141,060,432 in profits over the first four months of the year, showing for even more potential until the end of 2019.
The following is a complete overview of New Jersey profits for separate license holders and their contribution to the annual rise:RankingOnline CasinoApril 2018 RevenueApril 2019 Revenue% Change1Golden Nugget$8,133,024$13,854,52770.3%2Resorts Digital$3,612,726$7,137,48097.6%3Borgata$4,591,300$5,463,15319%4Caesars$3,508,820$4,579,09430.5%5Tropicana$3,172,891$3,685,35816.2%6Hard RockN/A$1,554,913N/A7Ocean ResortN/A$308,409N/AHow Do They Rank Individually?New Jersey Online Sports Betting Revenue
Seeing the increase of profits as directly as through this table gives you a preview of the top contenders for this year’s greatest success story. There is no denying the impressive increase of 97.6% for the Resorts Casino, achieving the increase of slightly over $3 and a half million to over $7 million in a year’s time.
It’s safe to say that the DraftKings Casino website has contributed to the Resorts Digital online casino. This is mostly due to the popularity of the DraftKings Sportsbook, a significant player in the New Jersey online bookmaker’s scene, and valuable addition to the Resorts licensee.
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Still, Golden Nugget undisputedly continues to hold the lead with an impressive increase of about $5 million, i.e. a 70.3% revenue increase. This has only been topped by last month’s revenue reporting $14,227,820 profits, both of which serve to set the casino licensee apart as the industry’s lead power.
The Borgata and Tropicana have also noted some rise in revenue, even though they are only slightly north of 20%. Caesars, however, has managed to achieve a 30.5% rise through its three brands:
*888 CasinoWhat’s to Come for New Jersey’s Online Gambling Industry?
Despite recurring turbulences, the New Jersey online gambling market remains as stable and varied as ever, with a notably positive tendency in all its aspects. About 80% of the monthly handle is mainly attributed to income from mobile app and browser popularity. The market has been experiencing a continuous 11-month growth, and with the rise of 16.9% Agua caliente casino palm desert ca. in April revenue compared to last year’s, it seems like online gambling in the state is going nowhere but up.
Fresh off the heels of setting a new monthly revenue record in March, New Jersey iGaming revenue almost did it again last month.
According to the latest monthly reporting from the New Jersey Division of Gaming Enforcement (NJDGE), the Garden State’s iGaming sector – which comprises online casino games and poker, but not sports betting – topped out at $36,582,934 in April revenue. That’s good for the second-highest monthly total since legal New Jersey online gambling was regulated in November of 2013.New Jersey iGaming Revenue Reaches New Heights in 2019
The highwater mark thus far was established in March, when iGaming operators generated $39,134,380 in combined “win” revenue across the casino and poker verticals. That performance eclipsed the previous record of $33,594,391 from January, which means the three highest monthly New Jersey iGaming revenue hauls in the state’s history have occurred this year.
To put the revenue spike in perspective, April’s revenue total represents a 58.9 percent year-on-year increase from last April’s win production of $23,018,762. It took just over five years for New Jersey iGaming revenue to reach the $30 million monthly revenue milestone, but that threshold has easily been met every time in 2019.
Assessed on a quarterly basis, iGaming win increased to $141.1 million between January and April – marking a 52.4 percent jump compared to the first four months of last year.Golden Nugget Laps the Casino Field
With combined revenue of $13,854,527 across its three online casino platforms – GoldenNuggetCasino.com, BetfairCasino.com, and PlaySugarhouse.com – the Golden Nugget licensing group accounted for nearly 40 percent of New Jersey’s total online casino win in April.
In dominating the state’s online casino industry for the 29th consecutive month, Golden Nugget’s licensing group managed to more than double its nearest competitor in Resorts AC.New Jersey Online Gambling Sites
Across its own collection of iGaming “skins” – ResortsCasino.com, DraftKings.com, MoheganSunCasino.com, PokerStarsNJ.com – Resorts AC licensees combined to win $6,578,406 last month.
To see how the rest of New Jersey’s online casino operators stacked up, see the monthly revenue table below:April Online Casino Win by OperatorOperatorOnline Casino WinGolden Nugget / Betfair$13,854,527Resorts AC$6,578,406Borgata / Party$5,072,192Caesars / Harrah’s / 888$3,861,152Tropicana / Virgin$3,685,358Hard Rock AC$1,554,913Ocean Resort$308,409TOTAL$34,914,957
After treading water in the middle of the pack since launching in late 2013, Golden Nugget became the first licensing entity to top the $10 million monthly revenue plateau last December. That’s been the benchmark ever since, topped by a $14,227,820 take to cap last month’s historic haul. Meanwhile, none of Golden Nugget’s competitors have even approached eight figures.
Even when the online poker vertical – which Golden Nugget doesn’t include – is factored into its rivals’ revenue totals, no other licensing group has made it above $8.5 million in a month.
Golden Nugget’s rise to juggernaut status was cemented in August of 2016, after the group became the first iGaming license-holder to incorporate Live Dealer casino games.
More recently, Golden Nugget has successfully integrated online sportsbook platforms like FanDuel. While sports betting revenue doesn’t contribute to the data referenced above, FanDuel does offer a casino games menu linked to Golden Nugget licensee Betfair, and thus generates iGaming revenue for the group.Poker Vertical Continues Distressing Swan DiveNew Jersey Online Sports Betting
After posting a combined win total of just $1,667,977 in April, the three-pronged online poker industry in New Jersey sank to a new low on the year:April Online Poker Win by OperatorOperator (Platform)Online Poker WinCaesars / Harrah’s / 888 (WSOP.com)$717,942Resorts AC (PokerStars.nj)$559,074Borgata (PartyPoker)$390,961TOTAL$1,667,977
Poker revenue fell sharply by 12.34 percent compared to last month alone, dropping by more than $235,000 from March’s total of $1,903,790.New Jersey Online Gambling Bill
Overall, poker hasn’t had a month as bad as April since November of last year, when the state’s three licensing groups combined for $1,561,639.
Register here: http://gg.gg/vgbi7
https://diarynote.indered.space
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