NJ Online Casinos Generate $52.09 Million In Revenue For May 2019 Led By Golden Nugget

NJ Online Casinos Generate $52.09 Million In Revenue For May 2019 Led By Golden Nugget

NJ online gambling operators generated a total of $52.09 million in online poker, casino, and sports betting gross revenue compared to a total of $53.08 million in the previous month. Sports betting revenues are still led by FanDuel Sportsbook (Sports betting revenue reports under Meadowlands,) and online casino revenues continue to be led by the group of sites under Golden Nugget Casino. NJ online gambling operators generated a total of $52.09 million in online poker, casino, and sports betting gross revenue compared to a total of $53.08 million in the previous month. Sports betting revenues are still led by FanDuel Sportsbook (sports betting revenue reports under Meadowlands,) and online casino revenues continue to be led by the group of sites under Golden Nugget Casino.

Online gaming revenue declined 1.8 percent in May compared to the prior month, according to figures released Wednesday by the New Jersey Division of Gaming Enforcement. New Jersey online gambling operators report revenues in three gaming categories:

  • $36.54 million in gross online casino gaming win
  • $13.75 million in gross online sports betting win
  • $1.79 million in gross online poker gaming win

New Jersey online gambling operators saw a slight dip in revenues in May as the sport season moved into one of the slowest periods of the year. However, despite dropping sports revenue, May marked the second largest online casino revenue month since market inception, generating $36.54 million." New Jersey online casinos saw a slight dip in revenues in May as the sport season moved into one of the slowest periods of the year. However, despite dropping sports revenue, May marked the second largest online casino revenue month since market inception, generating $36.54 million.

Golden Nugget Online Casino Leads The Way In May

Gross revenue growth on casino games was led by operators under the umbrellas of Golden Nugget Online Casino and Resorts Online Casino. Golden Nugget's $14.07 million reporting includes gross casino game revenues from Golden Nugget Online Casino and SugarHouse Online Casino, to go along with both Betfair Online Casino and FanDuel's online casino players. Resorts Online Casino's $7.28 million gross casino games revenue comes from play at DraftKings, Mohegan Sun Online Casino, Resorts Online Casino, and PokerStars, which was a jump up from the previous month as they continue their growth into 2019.

Pennsylvania, who launched online sports betting last week and should have online casino in market by the end of July. It will be a big year for the online gambling industry in America." said BonusSeeker.com Managing Editor, Rich Migliorisi." It's encouraging to see sustained online casino growth in Q2 as we lead into the slow betting & online casino months of the year. This just proves the power of sports betting as a key factor in building up online casino play. The big story ahead will be with Pennsylvania, who launched online sports betting last week and should have online casino in market by the end of July. It will be a big year for the online gambling industry in America." said BonusSeeker.com Managing Editor, Rich Migliorisi.

New Jersey Online Gambling Revenue by the Numbers - May 2019 (in $ millions)

Casino 

Golden Nugget Online Casino

$14.07

Resorts Online Casino      

$7.28

Borgata Online Casino

$5.51

Caesars Online Casino

$3.76

Ocean Resort Online Casino

$0.476

Hard Rock Online Casino

$1.52

Tropicana Online Casino

$3.92

Total                         

$36.54

NJ Online Poker

Golden Nugget Online Casino

$0

Resorts Online Casino

$.689

Borgata Online Casino

$.394

Caesars Online Casino

$.715

Ocean Online Casino

$0

Hard Rock Online Casino

$0

Tropicana Online Casino

$0

Total           

$1.79

Combined (Casino + Poker) 

Golden Nugget Online Casino

$14.07

Resorts Online Casino

$7.969

Borgata Online Casino

$5.9

Caesars Online Casino

$4.47

Ocean Online Casino

$0.476

Hard Rock Online Casino

$1.52

Tropicana Online Casino

$3.91

Total                         

$38.34

NJ Sports Betting

Bally

$.235

Borgata Sportsbook

$.119

Golden Nugget Sportsbook

$-.017

Hard Rock Sportsbook

$-.039

Ocean Resorts        

$.626

Resorts Digital (DraftKings Sportsbook)

$4.10

Meadowlands (FanDuel Sportsbook)

$7.86

Monmouth

$1.79

Tropicana

$.008

Total                         

$13.7

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About Joe Kata

Joe Kata is currently a Senior Site Manager for MLB Advanced Media, and has done extensive writing for sports, betting, real estate and dating sites over the last 15 years. He's dabbled in equity trading, professional wrestling, corporate law, MMA fighting and online cooking shows, but his two greatest passions are loving his family and informative writing. 

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