New Jersey’s online gambling industry generated $245.6 million in revenue in 2017, up 24.9 percent from the previous year’s $196.7 million, but the golden child of the industry was Golden Nugget, which reported $68.5 million in revenue, a 62.3 percent increase from 2016, according to a new study.
The report by DGS Media, operators of NJOnlineGambling.com, attributed the industry’s growth to a variety of factors but held specific praise for Golden Nugget’s significant revenue increase.
“To say that Golden Nugget had a dominant year easily qualifies as an understatement,” the report said. “What the operator managed in 2017 would serve well as the blueprint for existing and yet-to-be launched online casino sites in the U.S. regulated space.”