NJ iGaming Reached a February Revenue of $182 Million
February saw New Jersey online casinos come up just short of Garden State’s all-time record due to a short month. According to figures made public by the state Division of Gaming Enforcement on March 15, NJ’s online casinos brought in over $182.3 million in revenue last month. The monthly returns show a 28% rise from the previous year and place the year-to-date total 24% ahead of 2023.
In January, online casinos in New Jersey brought in a record-breaking $183.3 million in revenue, the most in any month over the last ten years of legal online gaming. Four months in a row of iGaming revenue was broken in February, creating a new monthly record.
The income from online gambling in New Jersey exceeded $1.92 billion in the previous year, over 16% more than the $1.66 billion yearly record that was established in 2022.
Golden Nugget and Partners Earn $51.5 Million
Online gambling businesses are not singled out by New Jersey gaming authorities. It is thus impossible to ascertain the income from certain websites or mobile applications. Instead, the state creates an NJ online casino list based on licenses from casinos in Atlantic City or authorized online businesses.
NJ’s best-performing online casino licensee is Golden Nugget, along with its online casino trends. $51.5 million was reported by Golden Nugget Casino NJ and its partners, which include FanDuel Casino NJ, BetRivers Casino NJ, and Betway Casino NJ, for the previous month. The group’s income has increased by 34.4% so far this year as compared to the first two months of 2023.
Resorts Digital reported over $48 million in revenue for the previous month, a 33.5% YoY increase. Resorts Digital is the license holder for Resorts Casino, Mohegan Sun Casino, Poker Stars, and DraftKings Casino NJ. The group is up 27.7% so far this year.
