New Jersey Online Casino Revenue is Growing Fast
During March 2019, the New Jersey state recorded its best ever online casino revenue figures with $40 million. This exceeded its previous high of $36 million by an incredible 11.5%.
Online gambling is growing fast. Since the launch of online sports betting, the growth in this segment is lifting other online segments such as online casino games (with the exception of online poker which is slightly odd). As the saying goes “The rising tide lifts all boats” – excluding poker boats which are grounded.
It appears that the ability to expand horizontally and cross market products has created the perfect online experience for NJ Online Gambling Operators.
Since the launch of online sports book in NJ only last August, growth has been steady with a sudden spike in March. Whether or not this is a seasonal trend has yet to be seen.
Key Points
- March 2019 online gambling revenue was $40 million
- Online casino revenue was $37 million in March 2019
- The increase from year on year to March 2019 is a staggering 53%
- Online poker is bucking the strong growth trend
Top 3 Online Casinos
Vegas Casino Online
- Slots
- Roulette
- Blackjack
- Sports Betting
- Video Poker
- Bingo
- Baccarat
- Progressives
- Live Dealers
- Poker
- Craps
- Keno
- Scratchcards
- Esports Betting
-
Established since 1999, therefore built excellent reputation - Quick and responsive live chat
- Huge welcome bonus
Wage Requirements: 45x (bonus + deposit)
Wage Requirements Notes: Only the following games contribute to the wage requirement: Slots, Keno.
Bonus Code: OFD30
Minimum Deposit: $25,
Maximum Cashout: $10,000 or 20x deposit value (lower value applies)
Maximum Bet: Maximum bet: $20
Slots Plus Casino
- Slots
- Roulette
- Blackjack
- Sports Betting
- Video Poker
- Bingo
- Baccarat
- Progressives
- Live Dealers
- Poker
- Craps
- Keno
- Scratchcards
- Esports Betting
- Very responsive customer support
- Accepts bitcoin
- New games released every month
- Great for Slots
Wage Requirements: 50x (bonus + deposit)
Wage Requirements Notes: Only the following games contribute to the wage requirement: Slots, Keno, Scratch cards.
Minimum Deposit: $25,
Maximum Cashout: $2,000
Las Vegas USA
- Slots
- Roulette
- Blackjack
- Sports Betting
- Video Poker
- Bingo
- Baccarat
- Progressives
- Live Dealers
- Poker
- Craps
- Keno
- Scratchcards
- Esports Betting
- Established brand since 2002
- Live dealers available
- Prompt customer support
Wage Requirements: 40xB
Bonus Code: 400BONUS
Cafe Casino
- Slots
- Roulette
- Blackjack
- Sports Betting
- Video Poker
- Bingo
- Baccarat
- Progressives
- Live Dealers
- Poker
- Craps
- Keno
- Scratchcards
- Esports Betting
- Receive $100 for friend referrals
- Accepts Bitcoin
- Rewards program available for regular players
Wage Requirements: 40x (bonus + deposit)
Wage Requirements Notes: Wage requirement contributions are dependent on the game played: Slots 100%, Bingo 100%, Keno 100%, Scratch cards 100%, Blackjack 10%, Video poker 10%, Roulette 5%, Baccarat 5%, Live games 0%.
Minimum Deposit: $20,
Maximum Cashout: Unlimited,
Maximum Bet: Maximum bet: 20% of the corresponding deposit
Shazam Casino
- Slots
- Roulette
- Blackjack
- Sports Betting
- Video Poker
- Bingo
- Baccarat
- Progressives
- Live Dealers
- Poker
- Craps
- Keno
- Scratchcards
- Esports Betting
- Diverse game collection
- No-deposit welcome bonus
- Rewarding VIP program
- Fiat and crypto payment solutions
Wage Requirements: 35x (bonus + deposit)
Wage Requirements Notes: Wage requirement contributions are dependent on the game played: Slots 100%, Table games 20%.
Minimum Deposit: $25,
Maximum Cashout: 20x deposit value
Maximum Bet: Maximum bet: $10
Rich Palms Casino
- Slots
- Roulette
- Blackjack
- Sports Betting
- Video Poker
- Bingo
- Baccarat
- Progressives
- Live Dealers
- Poker
- Craps
- Keno
- Scratchcards
- Esports Betting
- Slick and modern interface
- Speedy customer support
- Regular tournaments
Wage Requirements: 35x (bonus + deposit)
Wage Requirements Notes: Wage requirement contributions are dependent on the game played: Slots 100%, Table games 20%.
Minimum Deposit: $25,
Maximum Cashout: 20x deposit value
Maximum Bet: Maximum bet: $10
The leading online casino
The results of March 2019 show that the Golden Nugget and its licensed casino is stretching its lead over the rest of the pack. The Golden Nugget raised over $14 million in revenue for the month, being the only casino operator to exceed $10 million.
With revenue flat lining, Tropicana Virgin remains treading water being the second smallest revenue generator for the month. This is not surprising, given they do not have an online sports book to prop up online sales overall.
Borgata Casino and Resorts had a remarkable month shooting up the charts with an increase in revenue of over 34%. It’s online sports book also supporting online casino gaming.
The Stats for Online Gaming Revenue in New Jersey
- Total – $40 million
- Online Casino – $37 million
- Online Poker – $3 million
