October online casino and sportsbook success for New Jersey

Home » October online casino and sportsbook success for New Jersey

The various online sportsbooks in New Jersey reportedly had a great October after recording a 69% increase year-on-year in aggregated gross gaming revenues to reach an all-time high of about $45.2 million.

According to a report from CalvinAyre.com citing official figures from the New Jersey Division of Gaming Enforcement regulator, this figure was some $4.1 million higher than the previous monthly record, which was set in both August and September, and could well help licensed iGaming operators in the eastern state rack up an annual tally of nearly $500 million.

Poker plummets:

The data from the New Jersey Division of Gaming Enforcement also reportedly showed that New Jersey’s online casino sector had seen its October aggregated gross gaming revenues rise by 73.6% year-on-year to hit approximately $43.7 million although associated takings from virtual poker over the course of the 31-day period declined by some 1% to just over $1.6 million.

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Sustained success:

CalvinAyre.com reported that the approved figures moreover indicated that online casinos in ‘The Garden State’ have now managed to amass ten-month aggregated gross gaming revenues of about $366.5 million, which represents a 63.1% swell year-on-year, while combined takings from virtual poker have dropped by 2% to around $17.7 million.

Prominent participants:

In terms of the big market players in New Jersey, CalvinAyre.com reported that the online casino from Golden Nugget Atlantic City at GoldenNuggetCasino.com saw its October gaming revenues swell to a record $16.6 million. This monthly tally was purportedly $1 million higher than the domain’s previous best and saw the site outpace business at its land-based compatriot, which recorded a comparable 9.6% diminution to $14.7 million.

For online sportsbetting, the Resorts Digital Gaming enterprise of Atlantic City’s Resorts Casino Hotel, which is responsible for the DraftKings.com and FoxBet.com sites, had seen its October gaming revenues improve by a massive 196.2% year-on-year to top $10.3 million despite its PokerStarsNJ.com poker service bringing in only $559,000.

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