In the world of online gambling, New Jersey has once again solidified its position as a leader in the industry. According to recent reports, the state’s internet gambling revenue hit a new record in September, surpassing the $200 million mark for the first time ever.
The latest figures released by the New Jersey Division of Gaming Enforcement revealed that online gambling revenue reached an impressive $208 million in September. This represents a significant increase from the previous month, when revenue topped out at $195 million.
The surge in online gambling revenue can be attributed to a number of factors, including the continued popularity of online casinos and sports betting in the state. With the ongoing COVID-19 pandemic limiting in-person gambling options, more and more people are turning to online platforms to get their gambling fix.
One of the key drivers of New Jersey’s record-breaking internet gambling revenue was the success of online sports betting. With major sports leagues resuming play after months of shutdowns, sports bettors flocked to online platforms to place their wagers. In September alone, sports betting revenue reached an impressive $68 million, accounting for a significant portion of the overall internet gambling revenue.
In addition to sports betting, online casino games also saw a surge in popularity in September. Revenue from online casino games totaled $140 million, further contributing to the record-breaking month for New Jersey’s internet gambling industry.
Industry experts believe that the trend of record-breaking revenue is likely to continue in the coming months, as online gambling continues to gain traction in the state. With more and more people turning to online platforms for their gambling entertainment, New Jersey is poised to maintain its position as a leader in the industry.
Overall, the impressive online gambling revenue figures for September are a testament to the resilience and strength of New Jersey’s gambling industry. As the state continues to embrace online gambling, it is likely that we will see even more record-breaking months in the future.
