Atlantic City Casinos Post Strong July as New Jersey Gaming Revenue Tops $678.1 Million
Retail slots and table games beat online gambling for the first time this year, even as iGaming set a monthly record and sports betting crossed $100 million.
Retail slots and table games beat online gambling for the first time this year, even as iGaming set a monthly record and sports betting crossed $100 million.
The court found that Atlantic City casinos are not obligated to dissuade problem gamblers and dismissed the case that blamed operators for tens of millions in bets made by a compulsive gambler.
Online casinos in NJ reported $180 million in revenues from casino and poker games in December, bringing the overall revenue for 2023 to $1.9 billion, making it the best years since the introduction of iGaming in 2013.
Monthly revenue from online poker has been up nearly every month of 2023 — How PokerStars NJ’s strategic moves shape the state’s online poker landscape.
WSOP NJ goes from worst to first in June, thanks in large part to the operator running online bracelet events during the summer festival.
Revenue data shows PokerStars NJ has been peeling market share from WSOP since the year started, after the Flutter brand combined its player pools in Michigan and New Jersey.
Operator generated $1.1 million in NJ online poker revenue in January, up 76% month-to-month but also up 46% from the same month a year ago.
Revenue data from the New Jersey Division of Gaming Enforcement (NJDGE) show NJ’s online poker rooms grossed $27.4 million in the full year 2022.
Online poker in the Garden State has been stagnant since the pandemic. Breaking out of that funk will require Michigan regulators to authorize operators in that state to launch multi-state online poker.
Online poker operators grossed $2.6 million in January, marking the 23rd consecutive month of revenue above $2 million.