Noticias de ultima
  • 12.00 EGT’s high-potential novelties to fascinate operators and players at Belgrade Future Gaming 2025
  • 12.00 SBC Summit Malta: Payments Innovation Track to Shape the Future of Transactions
  • 12.00 Roland Garros: the National Gaming Authority relaunches its prevention campaign for Sports betting and addiction risks
  • 12.00 Wynn Resorts pays $5.5M fine related to illegal transactions
  • 12.00 Gambling Commission Supports OSR’s Review of the Gambling Survey for Great Britain
  • 12.00 Blackstone launches Clarion sale as markets stabilise, sources say
  • 12.00 ProntoPaga impacts SBC Summit Americas with technology that redefines payments in Latin America
  • 12.00 CT Interactive goes live on Starcasino.be
  • 12.00 Amusnet Introduces Extra Crown Classic Dice, Bringing Royalty to Dice Slots
  • 12.00 The Spotlight Expands for Ortak x B.F.T.H. Arena Awards 2025
Online Games

New Jersey online casinos set another record with July revenue

Monday 17 de August 2020 / 04:46

2 minutos de lectura

(New Jersey).- New Jersey online gambling operators set yet another record in July by generating $87.5 million worth of revenue, according to figures released by the New Jersey Division of Gaming Enforcement.

New Jersey online casinos set another record with July revenue

New Jersey online poker sites saw a 36 percent increase from June as operators raked $4.8 million throughout the month.

The July numbers topped May’s previous monthly revenue record when online casinos won $85.9 million from gamblers in the Garden State.

The key difference between the two months was that New Jersey’s nine brick-and-mortar casinos in Atlantic City were allowed to reopen July 2 following a more than three-month shutdown in response to the COVID-19 pandemic. During May, if New Jersey gamblers wanted action, online was their only option.

The other bright spot for the gambling market in the numbers was in the sports betting handle. New Jersey sportsbooks accepted $315.1 million in wagers last month, representing a 25.4 percent increase from July 2019.

Some of this may be a function of pent-up demand as three of the four major American professional sports leagues resumed play in July. Before the start of a shortened MLB season, as well as the restart of the NHL and NBA, sports bettors had very limited options.

The brick-and-mortar casinos didn’t fare as well as its online counterparts. The state’s nine casinos were down 20.9 percent year-over-year, winning $248.7 million. In July 2019, Atlantic City casinos won $323.3 million.

Operators can attribute a large chunk of that missing revenue to the restrictions put in place by Gov. Phil Murphy. Murphy forced casinos to operate at 25 percent capacity and would not allow smoking, drinking or dining inside the properties.

In response to those measures, Borgata Hotel Casino & Spa, the state’s highest-grossing casino, decided to postpone its reopening. After a few weeks, executives adjusted to the mandates, offered outdoor dining and reopened on July 23.

In the eight days it was open, Borgata reported $8.4 million in winnings, but it was the first month in quite some time that it didn’t top the state’s revenue list. That honor went to Hard Rock Atlantic City, which reported $24.6 million in revenue. Borgata, likely for the first time in its history, was the lowest-grossing casino in New Jersey.

Ocean Casino and Harrah’s were the only other properties to gross more than $20 million with $23.6 million and $21.2 million, respectively.

Categoría:Online Games

Tags: Sin tags

País: United States

Event

SBC Summit Americas 2025

13 de May 2025

ProntoPaga impacts SBC Summit Americas with technology that redefines payments in Latin America

(Fort Lauderdale).- In just three years, ProntoPaga went from being a promising post-pandemic idea to becoming a benchmark in the Latin American digital payments ecosystem. With exponential growth of 700% year-over-year, the company has transformed the way payments operate in dynamic industries such as iGaming, sports betting, and the Fintech world.

Friday 23 May 2025 / 12:00

GMW Revolutionizes SBC Summit Americas: Innovation, Gamification, and Player Protection

(Fort Lauderdale, SoloAzar Exclusive).- At SBC Summit Americas, GMW reaffirms its commitment to strategic innovation, combining performance, adaptability, and compliance. Marga Fernández, Head of iGaming Business Development, highlights how the company integrates gamification and player protection to generate unique and sustainable experiences. Discover how these trends are redefining the future of gaming in emerging markets.

Friday 23 May 2025 / 12:00

Uplatform Glowed at SBC Summit Americas 2025

(Cyprus).- Uplatform brought serious sparkle and substance to SBC Summit Americas 2025 in Fort Lauderdale, lighting up Stand C470 with a dynamic mix of business and fun from May 13–15.

Thursday 22 May 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO