Noticias de ultima
  • 12.00 ATFX to Headline the SBC Summit Rio 2026 Poker Tournament as Official Sponsor
  • 12.00 Michigan iGaming Revenue Hits $356,3M in January as Sports Betting Declines Sharply
  • 12.00 Indiana Senate Advances Northeast Casino Bill, Removing Referendum Requirement
  • 12.00 New Zealand Clarifies Regulatory Framework, Bans Unauthorised Prediction Markets
  • 12.00 Onlyplay launches "Pub Fruits"
  • 12.00 Structured Sponsorship in Argentina: Why Dare to Dream Reflects a Long-Term Strategic Model
  • 12.00 "7 Power Up" by R. Franco drives growth in hospitality and strengthens its market positioning
  • 12.00 Dutch Regulator Warns of Gambling Normalization as New Study Highlights Need for Open Dialogue
  • 12.00 Amusnet Will Mark 10 Years of Global Growth with Major Showcase at SBC Summit Rio
  • 12.00 France Study Highlights Rising Underage Gambling Participation, Calls for Stronger Prevention Measures
Sportsbook

Internet gambling: Another record month smashed for New Jersey

Tuesday 17 de December 2024 / 12:00

2 minutos de lectura

(New Jersey).- New Jersey’s red-hot internet gambling market continued to smash records in November, even as revenue inside physical casinos continued to lag behind pre-pandemic levels at six of Atlantic City’s nine casinos, numbers released Monday show.

Internet gambling: Another record month smashed for New Jersey

The New Jersey Division of Gaming Enforcement said internet gambling brought in just over $214 million in November, narrowly eclipsing the previous record of $213 million set a month earlier.

“The continuing success of online gaming and sports wagering has helped total gaming revenue achieve its best November monthly result in over a decade,” said James Plousis, chairman of the New Jersey Casino Control Commission.

But that’s not necessarily great news for the casinos. They must share a substantial portion of internet and sports-betting revenue with partners including sportsbooks and tech platforms.

For that reason, the casinos consider money won from in-person gamblers to be their core business. And that business has not been terrific for years now.

The casinos collectively matched their pre-pandemic in-person revenue total of $223.9 million in November. But only three casinos — Hard Rock, Ocean, and Resorts, which barely exceeded its pre-pandemic level — won more from in-person gamblers in November than they did in November 2019, before the COVID-19 outbreak began.

The continuing surge in internet gambling represents a trend that has been present in New Jersey for several years now. It was accelerated by the pandemic, which forced the casinos to close for 3½ months in 2020 and pushed many people to online alternatives that they have continued to use even in the years after the outbreak waned.

November's $214 million in internet revenue was up nearly 25% from a year ago.

Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry, noted that New Jersey's internet gambling market exceeded $200 million for the third month in a row.

When internet and sports betting revenue is included, the casinos, two horse tracks that take sports bets, and their online and tech partners won $556 million in November, an increase of 15.4%. That was helped by two additional weekend days in November that did not occur in November 2023.

Borgata won a combined $122.6 million in November, up over 25% from a year earlier. Resorts won nearly $101 million, up nearly 28%; Golden Nugget won nearly $77 million, up 26%; Hard Rock won $63.5 million, up over 21%; Ocean won $39.8 million, up 8.6%; Bally's won $24.5 million, up over 24%; Harrah's won $18.5 million, down 4.4%; Tropicana won $16.6 million, down 7.3%, and Caesars won $16.5 million, down 7.4%.

In terms of in-person revenue only, Borgata won $57.5 million, up 11.4% from a year earlier; Hard Rock won $44.3 million, up 7.1%; Ocean won $34 million, up 8.2%; Harrah's won $18.5 million, down 5.6%; Tropicana won $16.7 million, down 6.6%; Resorts won $13.9 million, up nearly 12%; Golden Nugget won $11.7 million, up 6.7%, and Bally's won $10.8 million, down 10.3%.

Sports betting brought in nearly $119 million in revenue on $1.2 billion worth of bets.

The Meadowlands Racetrack in East Rutherford, just outside New York City, had $50.5 million in sports-betting revenue, down 12.3% from a year ago. It has a FanDuel sportsbook on the premises.

Resorts, which is allied with DraftKings with a retail location and online operations, had nearly $38 million in sports-betting revenue in November, nearly double the amount from a year earlier.

Monmouth Park in Oceanport, near the Jersey Shore, had $2.5 million in sports-betting revenue. That was up 163% from a year earlier, undoubtedly helped by the recent cessation of sports-betting operations at a competing track in the same county, Freehold Raceway, which is closing at the end of this month.

 

Categoría:Sportsbook

Tags: Sin tags

País: United States

Región: North America

Event

ICE Barcelona 2026

19 de January 2026

Nadia Popova from EGT on ICE Barcelona 2026:"The new concept of our stand made a strong impression on visitors"

(Barcelona, SoloAzar Exclusive).- In this post-event interview from Barcelona, Nadia Popova, EGT’s Chief Revenue Officer and VP Sales & Marketing shares insights on the company’s standout presence, its “All eyes on us” stand concept, key product highlights, and the strategic partnerships forged at ICE Barcelona 2026.

Friday 20 Feb 2026 / 12:00

Luz Beatriz Jaramillo Serna of 21Viral: “Our presence at ICE Barcelona 2026 was exceptionally positive”

(Barcelona, SoloAzar Exclusive).- Following her participation at ICE Barcelona 2026, Luz Beatriz Jaramillo Serna, Head of Business Development, Marketing and Sales for Latin America at 21Viral, analyzes the commercial impact of the event, the trends set to shape the industry’s direction, and the company’s strategic priorities to consolidate growth across the region and new regulated markets.

Monday 16 Feb 2026 / 12:00

Toni Karapetrov from Habanero on ICE Barcelona 2026: Regulated Growth, Localization and Strategic Expansion Drive 2026 iGaming Strategy

(Barcelona, Exclusive SoloAzar).- In this interview, Toni Karapetrov, Head of Corporate Communications at Habanero, shares insights from ICE Barcelona 2026, highlighting premium content innovation, high-level industry engagement, key iGaming trends such as localization and gamification, and the company’s strategic focus on regulated market expansion and sustainable growth in 2026.

Friday 13 Feb 2026 / 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.