NJ Online Casinos: Golden Nugget Continues 2019 Revenue Dominance

NJ Online Casinos: Golden Nugget Continues 2019 Revenue Dominance

Through the early part of 2019, Golden Nugget Online continues to flex its muscles as the most profitable NJ online casinos company in the Garden State. Thanks to contributions from some of the most powerful operators in the business, it is becoming clear there is no contest when it comes to New Jersey online casino revenue supremacy. With revenue reports for April 2019 now released by the New Jersey Division of Gaming Enforcement, numbers show Golden Nugget as separated itself once again from the rest of the pack.

After nearly $105 million of internet gross revenue reported in 2018, Golden Nugget Online is going to easily fly by that total. The company was on pace to produce nearly $150 million after March’s numbers came out, but following a big April, that number still seems doable for the best money-making operation in the NJ online casino business.

Several Operators Contribute To Golden Nugget NJ Online Casino Revenue Total

Part of why Golden Nugget has been able to out-earn its peers by such a wide margin when it comes to internet gross revenue is the NJ online casino operators they have making contributions to the total. The following is a list of websites reporting monthly internet gross revenue for Golden Nugget:

  • Golden Nugget Online Casino

Golden Nugget surely has a part to play in the NJ online casino revenue success of its namesake company, which isn’t limiting itself to the Garden State. Golden Nugget applied to enter the PA online casino market in November 2018 and is should play a role when  PA online sports betting launches in the near-future.

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SugarHouse Casino NJ was able to transition into a successful NJ sports betting operator after establishing itself as one of the top NJ online casinos in the market. In addition to the land-based SugarHouse Casino in Philadelphia, SugarHouse plans on extending its success to PA online casinos market and could do the same with PA online sports betting game once it officially launches.

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Paddy Power Betfair completed the acquisition of FanDuel Sportsbook and the in the Summer of 2018 and so far, the partnership has worked out well. The deal allows NJ online casino customers to make sports betting picks on the FanDuel Sportsbook app thanks to a shared wallet, which also allows FanDuel Sportsbook customers to have some fun with NJ online casino titles at Betfair Online Casino.

NJ sports betting revenue reports from March show FanDuel ahead of DraftKings Sportsbook by a wide amount and even more so after April, which is sure to please both the operator and Betfair Casino.

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BetAmerica is the most recent operator under the Golden Nugget umbrella, advancing itself into the NJ online casino space after making its name in the horse racing realm. Although the specific impact of BetAmerica cannot be quantified within revenue reports, the fact that revenue continues to rise with BetAmerica in the fold is obviously a positive sign.  

Huge April Helps Golden Nugget Stay Atop NJ Online Casinos Revenue List

Through the first three months of the calendar year, Golden Nugget dominated competition with $37.13 million in revenue through March, according to the New Jersey DGE. The next highest revenue total was Resorts Digital with $21.61 million earned. After raking in $13.85 million in April while Resorts made $7.14 million, Golden Nugget has opened up an even bigger lead in the NJ online casinos revenue race.

Month/Year

January 2019

February 2019

March 2019

April 2019

YTD Total

Internet Gaming Gross Revenue

$12,185,043

$10,701,266

$14,227,820

$13,854,527

$50,991,268

When looking at the chart above, we can see that any two-month stretch from first-place Golden Nugget can cover what second-place Resorts Digital earned in three months time. With that massive April revenue stream, Golden Nugget remains the only NJ online casino company to earn double-digit millions in each month of the year as well. If that’s not market dominance, we don’t know what is, and it appears that nothing will stop Golden Nugget from being the most profitable name in the industry in 2019.

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