Online casinos in New Jersey posted their second-highest revenue grossing month ever in September, narrowly missing the highwater mark set earlier this year.
According to recent data from the state Division of Gaming Enforcement, NJ online casinos generated just under $163.8 million last month, a 21.1% year-over-year increase compared to September 2022.
September’s results are less than $2 million short of the $165.7 million posted in March, which is the largest monthly NJ online casino revenue total in the 10 years of legal online gambling in the Garden State.
How much have NJ online casinos made in 2023?
Year-to-date, online casinos in NJ have reported more than $1.4 billion in revenue. Internet gambling revenue in 2023 is 15.4% ahead of where the market was in September 2022. Online gambling in NJ generated more than $1.66 billion in revenue last year, according to the DGE.
September was the 31st consecutive month of online gambling revenue surpassing the $100 million mark, solidifying the triple-digit milestone as the state’s baseline going forward.
Breaking down NJ online casino in September
NJ 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.
Resorts Digital reported more than $45.4 million last month, a Y-o-Y increase of 32.9%. Resorts Casino, Mohegan Sun Casino, Poker Stars and DraftKings all operate under Resorts Digital’s license.
BetMGM, Party Casino & Party Poker, Pala Casino, Wheel of Fortune Casino and Borgata (among others) all report under Borgata Hotel Casino & Spa. In September, the online operators generated nearly $41.6 million. The marginal 1.1% increase could be a reflection of gamblers’ concerns over the widely reported cyber attack on MGM Resorts International last month.
Golden Nugget AC’s online casino partners remain among the strongest grouping in NJ. Along with Stardust, BetRivers and BetWay, Golden Nugget reported $45.1 million in September 2023.
Bally’s AC posted the largest Y-o-Y increase as a percentage, boosting revenue by 86.8% by going from $3.7 million to $7 million.
Hard Rock AC’s online casino brands reported $6.2 million, up 9.2% from 2022. Ocean Casino Resort and its online partners posted $4.4 million, nearly doubling last year’s returns ($2.4 million).
Caesars Interactive ($5.6 million, -38.1%) is losing a lot of ground to last year, down 17.5% for the year. Tropicana AC posted $8.4 million in revenue, up nearly 72% compared to 2022.
READ OUR NJ ONLINE CASINO REVIEWS:
| Licensee | Total Revenue | Slots & Tables | Poker | Taxes |
|---|---|---|---|---|
| Resorts Atlantic City | $45,436,754 | $44,587,467 | $849,287 | $6,811,519 |
| Golden Nugget Atlantic City | $45,124,726 | $45,124,726 | $ - | $6,769,122 |
| Borgata | $41,579,169 | $40,825,427 | $753,742 | $6,215,118 |
| Tropicana Atlantic City | $8,419,421 | $8,419,421 | $ - | $1,262,914 |
| Bally's Atlantic City | $6,979,916 | $6,979,916 | $ - | $1,046,987 |
| Hard Rock Atlantic City | $6,212,897 | $6,212,897 | $ - | $931,934 |
| Caesars Atlantic City | $5,612,530 | $4,817,318 | $795,212 | $843,919 |
| Ocean | $4,425,073 | $4,425,073 | $ - | $665,372 |
| Total | $163,790,486 | $161,392,245 | $2,398,241 | $24,546,885 |
