NJ online gambling sites have topped their all-time revenue record for the third month in a row, taking in just over $29 million in December. Online casinos brought in $27.2 million of the total, a 45% Y/Y increase, with poker sites raking in a paltry $1.76 million, a 9% year-on-year contraction.
Four of the state’s seven iGaming licensees rounded out the year breaking their own all-time records, leading to the impressive overall revenue figure.
With December’s totals included, NJ’s gaming and poker sites posted a total win of $298.7 million for the year, $53 million more than they made in 2017 (+22% Y/Y).
Top-level December revenue break down
- December total: $29,008,265
- Y/Y change: +39.7%
- M/M change: +7.7%
- Online poker: $1,764,562
- Online casino: $27,243,703
- Tax revenue: $5,076,446
Ending the year on a high note
Several online casinos eclipsed their previous bests last month. Golden Nugget led the charge with a $10.17 million haul, half-a-million dollars more than its previous record which it achieved in October.
Borgata, Hard Rock and Resorts also had record-breaking months, with Caesars coming up just short of its current high mark.
It’s hard to imagine that New Jersey’s exploding sports betting industry hasn’t had a positive effect on online casino revenue. Several casino sites are linked to sports betting online and mobile “skins,” enticing customers to try out the casino with buttons prominently placed on their websites.
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