NJ Online Casinos Experience Revenue Drop To $45 Million In June

NJ Online Casinos Experience Revenue Drop To $45 Million In June

The summer months are generally the quiet time of year for NJ online casinos and sportsbooks, and the most recent financial numbers from June 2019 seem to support that trend. After pulling in over $52 million in revenue for casinos and online sportsbooks in New Jersey during the month of May, that number slipped to about $45 million, according to figures from the New Jersey Division of Gaming Enforcement.

Golden Nugget Online and its team of profitable and high-profile operators hold a massive revenue lead that continues to expand with each passing month. It dominated the competition once again with nearly $13.6 million in June, clearing second-place Resorts Digital by more than seven million dollars. The report from the New Jersey DGE also shows us that Golden Nugget has now earned double-digit millions in revenue in all six months of 2019 and at almost $78.69 million with just half the year’s worth of numbers recorded, the casino giant is on pace to smash its nearly $105 million in revenue earned last year. Borgata Online Casino earned $5.66 million to remain in the third spot and hold off Caesars in the revenue rankings.

Powered by Golden Nugget, overall numbers for online casinos in New Jersey remained on par with a barely-noticeable slip, but sports betting revenue in the Garden State was cut nearly in half in the month of June after earning $13.7 million in May. New Jersey online gambling operators report revenues in the following three categories:

  • $36.29 million in gross online casino gaming win
  • $6.94 in gross online sports betting win
  • $1.77 million in gross online poker gaming win

The summer months are generally the quiet time of year for New Jersey online casinos and sportsbooks, and the most recent financial numbers from June 2019 seem to support that trend.

"We expected the industry to go through a bit of a dry spell following the completion of NBA and NHL postseasons, said Rich Migliorisi, Managing Editor at BonusSeeker.com. Baseball is the only sport day-to-day, but as fall comes we know sports betting in New Jersey will pick up again as football season arrives."

The $6.94 million generated in June is the lowest monthly total since August 2018, which registered just $3.12 million before skyrocketing in September through the end of the year.

New Jersey Online Gambling Revenue By The Numbers - June 2019 ($ in millions)

Here is the full breakdown for New Jersey online casino revenue in June.

NJ Online Casino Revenue In June

  • Golden Nugget: $13.60
  • Resorts: $6.39
  • Borgata: $5.66
  • Caesars: $4.10
  • Ocean Resort: $0.356
  • Hard Rock: $2.42
  • Tropicana: $3.75
  • Total: $36.29

NJ Online Poker Revenue In June

  • Resorts: $.537
  • Borgata: $.372
  • Caesars: $.862
  • Total: $1.77

Combined NJ Online Casino And NJ Online Poker Revenue In June

  • Golden Nugget: $13.60
  • Resorts: $6.93
  • Borgata: $6.03
  • Caesars: $4.96
  • Ocean Resort: $0.356
  • Hard Rock: $2.42
  • Tropicana: $3.75
  • Total: $36.29

NJ Sports Betting Online Revenue In June

  • Bally: $.0269
  • Borgata: $.0329
  • Golden Nugget: $.0375
  • Hard Rock: $.0287
  • Ocean Resorts: $.794
  • Resorts Digital: $2.687
  • Meadowlands: $2.725
  • Monmouth: $.7181
  • Tropicana: $.0103
  • Total: $6.938




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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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