The Golden Nugget Casino set a new high mark for 2020 with over $29.1 million in monthly online gross revenue, according to reports released by the New Jersey Division of Gaming Enforcement Tuesday. June's number continues Golden Nugget's streak of leading the NJ online casino field throughout the 2020 calendar year.
July 2020 has been the biggest month on record for New Jersey's online casinos. It seems that land-based casino closings didn't curb Garden State residents' desire to gamble. July saw record numbers!
New Jersey once again posted record revenues for online casinos in May 2020. Some are hoping this is a trend that will continue after the live casinos have reopened. Almost $86 million was wagered in New Jersey's online casinos during the month of May 2020. The majority of money was bet on table games and virtual slot machines. These games are. 2020 overall is also shaping up to be a banner year for NJ online gaming revenue According to the data reported by the DGE for the first nine months of 2020 combined, online gambling revenue totals $685.6 million, representing a 102.2% increase from the $339 million reported for the same nine-month period in 2019. New Jersey Online Gambling Revenue by The Numbers - August 2019 ($ in millions) Here is the full breakdown for New Jersey online casino revenue in August. Golden Nugget: $14.98; Resorts: $6.85.
The Numbers: July 2020
The online casinos saw casino and poker saw $87,492,952 in revenue in July this year. Compare that to last July's 39,315,731, and you'll see a 122.5% increase!
It should come as no surprise that Golden Nugget's online casinowas the big winner yet again in July. They pulled in a whopping $31,480,080 (compared to their $14,895,411 in July 2019). In a very distant second place, Resorts brought in $18,031,664, then Borgata with $15,297,228.
This is an improvement over the record-high numbers we saw in May: $85.9 million.
Comparison with 2019
Online casinos have seen a steady rise in New Jersey since they were first legalized in 2013. While neighboring Pennsylvania and Delaware also have online casino markets, it seems that New Jersey's only competition is with itself.
It should come as no surprise that Golden Nugget's online casinowas the big winner yet again in July. They pulled in a whopping $31,480,080 (compared to their $14,895,411 in July 2019). In a very distant second place, Resorts brought in $18,031,664, then Borgata with $15,297,228.
This is an improvement over the record-high numbers we saw in May: $85.9 million.
Comparison with 2019
Online casinos have seen a steady rise in New Jersey since they were first legalized in 2013. While neighboring Pennsylvania and Delaware also have online casino markets, it seems that New Jersey's only competition is with itself.
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January through July 2020 saw $510m in revenue. Online gambling issues in australia. This means in the first seven months of 2020, they have already beaten the $482m gained over the whole of 2019.
How Long Can This Continue?
Despite COVID measures, online casinos are seeing a steady increase. While some casinos are closing and others are open with some distancing measures, it's no surprise that casino closings are diverting gamblers to online casinos. Top 20 starting hands in texas holdem.
Nj Online Casino Revenue 2019
The question is, will online casino players return to the land-based casinos once they reopen? There are many reasons to play online instead, including great no deposit bonuses, free spins, and more transparency for Return to Player. Still, we foresee that the good relationship between online and physical casinos will continue in the future.
