New Jersey iGaming posts near-record month
April was the second highest revenue month for the iGaming segment in New Jersey as operators reached US$23 million in combined revenue.
US.- The New Jersey Division of Gaming Enforcement (DGE) revealed that licensed online gambling operators posted the second-highest revenue month in April. Combined revenue reached US$23 million during the fourth month of 2018 and grew 10.6 per cent year-on-year but fell short of March’s record US$25.6 million performance.
Monthly revenue was led by online casinos, which enjoyed a 12.7 per cent rise year-on-year to US$21.25 million. Meanwhile, the online poker segment continued to deteriorate as it fell 10.5 per cent to US$1.76 million.
Online casino sites owned by Golden Nugget had posted record revenue in March at US$8.65 million. During April, they slipped to US$8.13 million but still led the local market. The Borgata sites came in second with US$4.6 million, followed by Resorts Digital Gaming’s US$3.6 million and Caesars Interactive Entertainment New Jersey’s US$3.5 million.
Still, as the Supreme Court finally ruled the Professional and Amateur Sports Act (PASPA) unconstitutional and allowed sports betting to be legalised, expect future revenues to be way higher than last month’s as operators will definitely engage the popular segment.
