New Jersey’s regulated online gambling market utterly demolished its previous revenue record in the month of March, as did its leading online operator.
Figures released Thursday by the New Jersey Division of Gaming Enforcement (DGE) show the state’s licensed online gambling operators generated revenue of $25.6m in March, 17.6% higher than the same month last year and $3.6m more than the previous record set in February 2018. It’s the 13th consecutive month that the market has topped the $20m mark.
Stop us if you’ve heard this one, but the state’s online market has long been dominated by its casino vertical, and that discrepancy is growing larger. Online casino revenue shot up 21.1% year-on-year to $23.6m in March, while the online poker vertical fell 12.7% to $1.97m.