NJ Online Casino Golden Nugget Sets New Revenue Record In July

NJ Online Casino Golden Nugget Sets New Revenue Record In July

As another month goes by, there comes another revenue report from the New Jersey Division of Gaming Enforcement that tells us Golden Nugget continues to be a dominant force out of all online casinos in New Jersey. While the likes of Resorts Online Casino, Borgata Online Casino, and Caesars Online Casino have been pulling in solid revenue numbers, it's Golden Nugget that not only continues to cement its top spot, but has also set a new monthly revenue record for themselves in July.

NJ online casino revenue has been led by Golden Nugget and its subsidiaries every month since June 2016, and they've now surpassed two years as the leader of the pack. 2018 was a great year for the company with almost $105 million in revenue in total, but 2019 is looking to smash that record as they approach the $100 million mark with a third of the year yet to go. Let's take a closer look at some of the NJ online casinos that have been feeding them the revenue needed to maintain their top spot:

The flagship brand is the driving force in Golden Nugget's dominance, with many promotions and offerings that entice and entertain their players. After taking over New Jersey, they look to assert themselves as a Pennsylvania online casino as well as offer online sports betting in PA once their licensing is finalized.

  • Betfair Online Casino

More than a year after Paddy Power Betfair acquired FanDuel Sportsbook, the deal seems to be going strong for all involved. FanDuel has peeled away from the pack to be the strongest dog in the New Jersey sports betting market currently.

  • SugarHouse Online Casino

The SugarHouse name has been a profitable one so far in the Northeast, whether you're looking at the casino side or the sportsbook side. They're expanding in the Garden State and they've already proven themselves to be top dog within the first couple months of launching their PA online sportsbook.

  • Bet America Online Casino

The newest addition under the Golden Nugget umbrella, BetAmerica has helped since coming into the fold with an established brand for horse betting and has shown promise with their online sportsbook and online casino.

Golden Nugget Fast Approaches $100M In Revenue For 2019

Golden Nugget continues to distance themselves further and further from sites that continue to put up strong revenue numbers like Resorts and Borgata not only every month but overall for the year. March 2019 was their best monthly online gaming revenue showing overall at $14,227,820, but it's now been surpassed in July with a new record of $14,895,411. That counts for nearly 38 percent of the total revenue for the entire Garden State for July!

Month/Year

Jan 2019

Feb 2019

March 2019

April 2019

May 2019

June 2019

July 2019

YTD Total

(with adjustments)

Online Casino Gross Revenue (in Millions)

$12.18

$10.70

$14.28

$13.85

$14.08

$13.60

$14.89

$93,587,555

With that new record total, Golden Nugget's year-to-date total through seven months jumps to a total of $93,587,555 (with adjustments, according to the latest NJ DGE report). Their record pace for yearly revenue continues to climb, as they're now on pace to take in over $160 million in revenue for 2019. They could continue to beef up that yearly revenue record number as well if they continue to surpass their monthly average of $13.37 million. Whether you look at it month-to-month or year-over-year, everything's coming up roses for Golden Nugget in New Jersey.

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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. 

MLB.com, MiLB.com, NHL.com, PWTorch.com

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