New Jersey online casinos followed up on October’s all-time high with a new monthly record in November.
According to data released Friday by the Division of Gaming Enforcement, online casinos in NJ reported $171.6 million in revenue last month. November’s total surpasses October’s $166 million as the highest-grossing month ever.
Year-over-year, NJ online casino revenue increased 17.4% in November 2023.
NJ online casinos finishing 2023 stronger than ever
Last year, online gambling in NJ generated $1.66 billion in revenue, the highest annual total in US history. Through November of this year, online casinos in NJ have already generated more than $1.7 billion in revenue.
November was the 33rd consecutive month of online gambling revenue surpassing the $100 million mark, solidifying the triple-digit milestone as the state’s baseline going forward.
New Jersey gaming regulators do not separate out individual online gambling operators. As such, determining revenue from specific websites or mobile apps is not possible. Rather, the state lumps multiple operators together under Atlantic City casino licenses or approved online entities.
Breaking down NJ online casino revenue by licensee
Resorts Digital reported more than $47.2 million last month, a YoY increase of 26.4%. Resorts Casino, Mohegan Sun Casino, Poker Stars, DraftKings all operate under Resorts Digital’s license.
The Borgata group – featuring BetMGM Online Casino NJ, Party Casino & Party Poker, Pala Casino, Wheel of Fortune Casino and Borgata (among others) – generated nearly $37.9 million. The 14.4% year-over-year decline could be a reflection of gamblers’ concerns over the widely reported cyberattack on MGM Resorts International earlier this year.
Licensee | Total Revenue | Slots & Tables | Poker | Taxes |
---|---|---|---|---|
Golden Nugget Atlantic City | $50,113,737 | $50,113,737 | --- | $6,766,215 |
Resorts Digital | $47,248,495 | $46,478,862 | $769,633 | $6,087,093 |
Borgata | $37,897,517 | $37,215,898 | $681,619 | $5,691,320 |
Tropicana Atlantic City | $9,046,737 | $9,046,737 | --- | $1,357,010 |
Hard Rock Atlantic City | $8,655,271 | $8,655,271 | --- | $1,298,307 |
Bally's Atlantic City | $7,935,221 | $7,935,221 | --- | $1,190,283 |
Caesars Interactive | $5,664,359 | $5,032,631 | $631,728 | $826,787 |
Ocean | $5,022,983 | $5,022,983 | --- | $753,059 |
Harrah's Atlantic City | $7,184 | $7,184 | --- | $1,078 |
Total | $171,591,504 | $169,508,524 | $2,082,980 | $23,971,152 |
Golden Nugget Atlantic City’s online casino partners remain among the strongest grouping in NJ. Along with Stardust, BetRivers Casino NJ and BetWay Casino NJ, Golden Nugget reported $50.1 million in November 2023.
Bally’s AC posted the second-largest YoY increase as a percentage, boosting revenue by 64.3% by going from $4.8 million to $8 million. Hard Rock’s online casino brands reported $8.7 million, up 72.2% from 2022. Ocean Casino Resort and its online partners posted $5 million, up 47.6% from last year’s returns.
Caesars Interactive ($5.7 million, -29.8%) is losing a lot of ground to last year, down 20% for the year. Tropicana AC posted $9 million in revenue, up nearly 66% compared to 2022.