In a groundbreaking achievement for the state of New Jersey, the latest figures released by the New Jersey Division of Gaming Enforcement have revealed that internet gambling revenue hit a record high of $208 million in September. This milestone marks a significant increase from the previous month and is a testament to the growing popularity of online gambling in the Garden State.
The surge in internet gambling revenue can be attributed to a number of factors, including the continued expansion of online gaming options, the introduction of new and innovative games, and the ongoing success of online promotions and bonuses. In addition, the ongoing COVID-19 pandemic has forced many traditional brick-and-mortar casinos to temporarily shut their doors, prompting more players to turn to online gambling as a safe and convenient alternative.
One of the key drivers of the record-breaking revenue is the success of New Jersey’s online sports betting industry. With the NFL season in full swing and the NBA Finals drawing to a close, sportsbooks in the state have experienced a significant uptick in wagers, helping to boost overall revenue. In fact, sports betting accounted for more than half of the total internet gambling revenue in September, with online casino games and poker also contributing to the impressive figures.
The success of New Jersey’s internet gambling industry has not gone unnoticed by lawmakers and industry experts. State Senator Jim Whelan, a vocal advocate for online gambling legalization, praised the record-breaking revenue as a sign of the industry’s strength and resilience in the face of unprecedented challenges. “This milestone is a testament to the hard work and dedication of everyone involved in the online gambling industry in New Jersey,” said Senator Whelan. “It shows that our state is leading the way in online gaming innovation and setting a new standard for success.”
Industry analysts predict that the record-breaking revenue will only continue to grow in the coming months, with more players turning to online gambling as a source of entertainment and excitement. As the industry continues to evolve and expand, New Jersey is poised to cement its position as a leader in the rapidly growing online gambling market.
With the record-breaking revenue set in September, New Jersey has once again proven itself to be a powerhouse in the world of internet gambling. As more players flock to online casinos and sportsbooks, the state’s gaming industry shows no signs of slowing down, setting the stage for even greater success in the months and years to come.
