NJ Online Casinos are Far Ahead of the Curve and on Track for a Record Year
According to the latest data from state authorities, New Jersey’s online casinos have well outpaced 2022’s record-breaking pace through the month of August.
The NJ Division of Gaming Enforcement revealed data showing that legal NJ online casino gambling brought in close to $155.3 million in August, an 18.1% increase from August 2022. Online casinos have generated more than $1.24 billion in revenue so far in 2023, which is 14.6% more than at this time in 2022.
In August, the state received more than $23.2 million in taxes from NJ online casinos. As 2023 stands right now, the state received $186 million in taxes from online casinos. In 2023, the nine casinos in AC paid a total of $121.7 million in taxes on income from in-person gaming.
For reporting reasons, state gaming authorities bring together various online gambling businesses that have AC casino licenses or are recognized online companies. As a result, it is impossible to estimate the income from particular websites or mobile applications.
Resorts Digital reported more than $42.3 million in revenue in August, an increase of 37.6% from August 2022. Here are the casinos that use Resorts Digital’s license: Resorts Casino, PokerStars, Mohegan Sun Casino, and DraftKings Casino NJ.
In August, $40.8 million in revenue was reported by Golden Nugget Atlantic City and its online associates, including BetRivers and Betway. The reported revenue for the previous month is 30% more than August 2022.
Borgata Hotel Casino & Spa is the parent company of Pala Casino, BetMGM, Party Casino & Party Poker, and Wheel of Fortune Casino NJ, among others. These online operators saw a combined revenue of $40.2 million. The group’s income decreased by 3.8% from August 2022.
Last month, Bally’s AC reported the highest YoY percentage growth, the company’s revenue went up by 81.3% to $8.2 million.