NJ Online Casino - Official Revenue and Tax Report

NJ Online Casino - Official Revenue and Tax Report

This data on this page will be updated monthly as of November 2013 providing insight into the entire lifespan of regulated online gaming in New Jersey. At least once a quarter, BonusSeeker.com will provide additional analysis on the outlook of New Jersey's budding gaming market, tax revenues, and perspective expansion of regulated online gaming to other states in the upcoming years. We will also report the launch of any new or upcomming NJ online casinos, so that readers are aware of the complete regulated landscape.

Along with a brief analysis for an introduction, the following Data is provided further down this page:

  1. How much revenue does each online casino in New Jersey earn each month
  2. Which casinos are growing / shrinking in popularity (Based on player activity)
  3. How much money does New Jersey collect in taxes from NJ online casinos

 

UPDATED ANALYSIS: January 30th, 2018

New Jersey Online Casino Revenue up 24.9% in 2017

24 January 2018

New Jersey online gaming operators finished 2017 with their best year to date. Online casino gross gaming revenue in New Jersey totaled $245.6m in 2017, an increase of 24.9% on 2016 and a new record for the US state. 2016 revenues totaled $196.8m

$245.6m represents the highest annual total amount of gaming win since Chris Christie and the New Jersey regulators first legalized online gambling back in November 2013.

Till the end of 2017 the state had been able to generate $722m in total online casino revenue. New Jersey land based operators also saw a rise in revenues with win up 0.3% to $2.4b in 2017.

Online Casino lead the way with $221.3m out of the $245.6m in total revenue. Leaving poker generating only $22.6m for the 12-month period.

Punters are expecting for milder growth in 2018, estimates range from 10-18%. But with 2 new operators slated to join the pack, Hard Rock and Ocean Club, we could potentially see growth well beyond that.

 

The State of The Industry: New Jersey Online Gambling 

NJ Online Casino Total Revenue Generated, by License-holder 

NJ Online Casino Growth

You can clearly see here which online casinos in New Jersey have effective growth strategies and have been consistently able to attract new players over time. Some operators have seen little to no revenue growth from November 2013 showing that they're likely not conducting any effective marketing tactics.

Taxed Paid to The State of New Jersey for Regulated Online Gambling Operations

The online casino industry has raised an incredible amount of money for the State of New Jersey. With a blended average tax of about 15% on online gaming, NJ has taken in over $108 million dollars in under 4 years.

 

 

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About Rich Migliorisi

Long before taking on the role of Managing Editor for BonusSeeker.com in 2018, Rich Migliorisi began his journey with a degree in Film & Broadcasting. Rich began his career as a film editor, but as a lifelong sports fan and an enthusiastic writer, he decided to also pursue a sports writing career in 2013. Rich was nominated by the Fantasy Sports Writers Association (FSWA) for Fantasy Baseball Writer of the Year in 2013 for his editorial work. During this time, Rich simultaneously contributed to various sports publications and video editing projects, while also grinding poker for a living. In 2015, he was hired at MLB Advanced Media as a Senior Site Manager on MLB.com. Rich later joined NHL.com in the same capacity, lending his talent to both operations until joining the team at BonusSeeker. His experience in sports and poker makes for a unique blend of expertise in the world of online casinos and sports betting.

MLB, NHL, The Fantasy Fix, Video Editor, Poker Player

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