Legal Gambling USA

Online casino games, poker, sports and horse racing betting websites authorized in USA

Legal Gambling USA

October Revenue Figures in Related to Sports Betting and Online Casinos

November 22, 2019

With New Jersey being the first state to offer both online casino and sports betting options, the state will always be viewed in terms of what is possible. That's applicable to other states that are looking to move forward and legalize such gambling options for its residents.

CalvinAyre.com has released its report on the official revenue figures provided by the New Jersey Division of Gaming Enforcement regulator for October. It can now be reported that existing trends continue. The October figures indicate that both sports and online gambling in New Jersey are still experiencing unprecedented growth while poker continues its decline.

Sports Betting Revenue

For the month, the New Jersey Division of Gaming Enforcement regulator reported that sports betting revenues statewide increased to an all-time high of about $45.2 million. That number represents an almost 70% year-over-year increase. Additionally, the October revenue number is $4.1 million higher than the number reported in September.

It's noteworthy that October saw the first full month of NFL and NHL action with the NBA starting regular season play by the middle of the month. This would certainly account for the increased betting activity going through the betting windows in October.

Online Casino Gambling

While New Jersey has a little more history with online casino gambling, the monthly numbers are still producing records. For the month of October, revenue figures indicate that the state has accumulated an amazing ten-month aggregated gross gaming revenues of about $366.5 million. That represents a year-over-year increase of 63.1%. It's worth noting that virtual poker saw a 2% decrease, coming in at $17.7 million for the same ten-month period.

Leading the way was Golden Nugget Atlantic City with its GoldenNuggetCasino.com site that saw October gaming revenues grow to a record $16.6 million. That's a little more than $1.0 million higher than the previous high for any online casino.

 


Online Casino News in USA

Texas Senator Makes Move on Sports Gambling Legislation

December 2, 2022 — Information related to sports betting legislation doesn’t often come out of the state of Texas. When it does come out, it’s not often good news for the Texas residents who would love having the ab...

Review of the WynnBET Casino NJ Welcome Offer

December 2, 2022 — When a U.S. online gambling operator is running both a sportsbook and a casino, it's common for the operator to offer separate welcome bonuses to new customers. They do this to get a general idea of w...

WynnBET MI Offers Small “Slot of the Month” Bonus

December 2, 2022 — There is an old adage that relates to casino bonuses: Free money is free money.” There is a lot of truth in this old adage. Certainly, U.S. online casino players have always got their eyes out for ...

Friend Referrals Can Earn Bonus From Fanduel Casino PA

November 30, 2022 — One of the best ways that online casinos can recruit new customers is through word-of-mouth advertising provided by existing customers. This is exactly why online casino operators and sportsbooks main...

All the news from legal online casino in USA

Copyright 2013-2022 © LEGAL-GAMBLING-USA.COM - All rights reserved
Legal Disclaimer - Warning - Affiliate Program - Responsible Gaming - Contact
Legal-Gambling-USA.com on Twitter   RSS Legal-Gambling-USA.com

Gambling involves risk: indebtedness, dependence, isolation. Helpline: 1.800.522.4700
Gambling is prohibited for minors.

-18 -21