New Jersey online gambling sets a new record in November

Online gambling revenues continued to soar in New Jersey in November, with online casino revenues the star performer according to figures released Thursday by the regulator.

The New Jersey Division of Gaming Enforcement (DGE) reported online gambling revenue up 30.7 percent y-o-y at $26.94 million, a marginal increase on the previous monthly record of $26.75 million recorded in October this year.

Once again the star performer was the online casino vertical, which delivered revenue up 35 percent y-o-y at $25.4 million, bringing YTD figures for the vertical to $250 million – a rise of 23.5 percent year-on-year.

Marker leader was again Golden Nugget with revenue up 48.7 percent to $9.2 million, with Borgata again chasing on $4.8 million; Caesars Interactive New Jersey third with $3.9 million; Resorts Digital –Pokerstars fourth on $3.6 million; Tropicana fifth on $3.4 million and newcomers Hard Rock Casino Atlantic City ($1.3 million) and Ocean Resort Casino ($732,000) bringing up the rear.

Both Hard Rock Casino Atlantic City and Ocean Resort Casino reported improvements over last month’s revenue growth of 29 and 23 percent respectively.

The online poker vertical again disappointed, reaching a record low of $1.56 million, 13.7 percent lower than November 2017’s revenue and lower than September 2018’s $1.6 million – the previous worst month for the vertical..

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