NJ Online Casino Golden Nugget Setting 2019 Revenue Pace

NJ Online Casino Golden Nugget Setting 2019 Revenue Pace

The year is still young, but so far, 2019 belongs to Golden Nugget Online when it comes to revenue. With operators from several powerful NJ online casinos contributing to the massive amount of money it pulls in, Golden Nugget Online is the golden goose of NJ online casino entities. After nearly $105 million of internet gross revenue reported in 2018, Golden Nugget is on pace to eclipse that number in 2019. In fact, at its current pace, Golden Nugget could produce nearly $150 million in total internet gaming gross revenue by the time the calendar runs out.

Several NJ Online Casino Operators Contribute To Golden Nugget Revenue Total

Part of the reason that Golden Nugget has been able to out-earn its peers by such a large amount in total internet gross revenue is the NJ online casinos they have making significant contributions. The following is a list of websites reporting monthly internet gross revenue for Golden Nugget:

  • Golden Nugget Online Casino

The namesake website from Golden Nugget surely has a part to play in its NJ online casino revenue success. Golden Nugget isn’t limiting its relevance to  the Garden State, either. The company applied to enter the PA online casino market back in November 2018 and is expected to seek its piece of the PA online sports betting pie, which is reported to be launching in the near-future.

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SugarHouse Casino NJ not only found prosperity in the NJ online casino realm, but transitioned into a successful NJ sports betting operator working with Monmouth Park as well. The spread of SugarHouse isn’t being contained, either. In addition to the land-based SugarHouse Casino in Philadelphia, they play a role the PA online casinos market and could do the same with PA online sports betting game if the bureaucratic red tape is removed as expected.

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During the Summer of 2018, Paddy Power Betfair completed the acquisition of FanDuel Sportsbook and the partnership has proved fruitful. Betfair Casino combined wallets with New Jersey online sports betting giant, allowing NJ online casino customers to make sports betting picks on the FanDuel Sportsbook app. The shared wallet also allows FanDuel Sportsbook customers to play NJ online casino games with the Betfair casino app.

Funds can be transferred between the two accounts with an easy-to-use Betfair/FanDuel prepaid card. The most recent NJ sports betting revenue reports show FanDuel ahead of DraftKings Sportsbook by a large margin in the month of March, certainly a benefit to both the operator and Betfair Casino.

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BetAmerica has branched into the NJ online casino space after establishing a name for itself in the horse racing world. As a new NJ online casino betting operator, Bet America appears on the New Jersey DGE report for the first time under the Golden Nugget umbrella.

Golden Nugget Leads Revenue Charge For NJ Online Casino Companies

With each passing month, Golden Nugget continues to impress on revenue reports released by the New Jersey Department of Gaming Enforcement. Most recently, it registered $14.23 million in March revenue, setting the high-water mark for all NJ online casino companies. It was already ahead of its peers by a significant margin, but the release of the most recent numbers has Golden Nugget towering far above its NJ online casino competition.

Below is a month-by-month chart of what Golden Nugget has been able to do in 2019, according to the New Jersey DGE.

Month/Year

January 2019

February 2019

March 2019

YTD Total

Internet Gaming Gross Revenue

$12,185,043

$10,701,266

$14,227,820

$37,132,525

Golden Nugget has reached double-digit millions in every month to this point whereas some other NJ online casino entities took three revenue reports to get there. At over $37 million through three months, the year-to-date revenue for Golden Nugget massively overshadows current second-place occupant Resorts Digital at $21.61 million.

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About Brian Sausa

Brian Sausa is BonusSeeker’s Copy Editor and lead sports betting pundit. A journalism graduate with an extensive sports background, Brian has been employed by multiple professional leagues including MLB, MiLB (Minor League Baseball), and the NHL.

MLB, NHL, IBTimes, Brooklyn Cyclones, FanSided

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