The Division of Gaming Enforcement (DGE) in New Jersey has recently released its September report, revealing record-breaking internet gaming numbers for the state. According to the report, online gaming revenue reached an all-time high of $85.6 million in September, a 14.2% increase compared to the same month last year.
This surge in internet gaming revenue can be attributed to a number of factors, including the ongoing COVID-19 pandemic which has forced many people to stay at home and turn to online forms of entertainment. Additionally, the state’s strong regulatory framework and competitive market have also played a significant role in driving growth in the online gaming sector.
The report also shows that online sports betting revenue in September reached $43.6 million, a 115.6% increase compared to September 2019. This substantial growth can be attributed to the return of major sports leagues such as the NFL and NBA, as well as the launch of new online sports betting platforms in the state.
Furthermore, the DGE report highlights the continued success of online casino gaming in New Jersey, with revenue reaching $42 million in September, a 4.6% increase compared to the same month last year. This growth can be attributed to the popularity of online casino games such as slots and table games, as well as the introduction of new gaming content by operators.
Overall, the September report from the DGE indicates that the online gaming industry in New Jersey is thriving and shows no signs of slowing down. With record-breaking revenue numbers and a competitive market environment, the state is well-positioned to continue leading the way in online gaming innovation and growth.
As we move forward, it will be interesting to see how the online gaming industry in New Jersey evolves and adapts to changing market conditions. With the continued support of the DGE and a commitment to responsible gaming practices, the state’s online gaming sector is poised for even greater success in the months and years to come.
