New Jersey reveals online gaming revenue jump in August
The New Jersey Division of Gaming Enforcement (NJDGE) has revealed that the US state’s online gaming market was able to post further growth in August, with revenue up significantly on a year-on-year basis.
Revenue from online gaming during the month amounted to $12.2 million (€10.8 million), an increase of 15.8% on the $10.5 million posted in August last year.
Although the figure is slightly down on the $12.5 million posted in July this year, it does help push the state’s total online gaming win to $96.7 million for the year through to the end of August.
Despite the ongoing climb in online gaming revenue, the NJDGE reported that the state’s land-based market is continuing to suffer.
Total casino win for August came in at $246.4 million, down 16.3% on the $294.5 million posted in the same month last year.
Slot machine win slumped 14.6% to $176.4 million while table game win also fell 20.3% to $69.9 million.
Total gaming win in August amounted to $258.6 million, down 15.2% from $305 million last year.
However, taking into account operations that have been discontinued since then, this figure instead represents a year-on-year drop of 5%.
Related article: New Jersey online gaming market continues to expand in July