In a recent report released by the New Jersey Division of Gaming Enforcement, online casinos in the state recorded a total revenue of $187.9 million in April, marking a significant increase from the previous months. This news comes as a welcome surprise to many industry experts who had been closely monitoring the performance of the online gambling sector in the state.
According to the report, the revenue generated by online casinos in New Jersey in April represents a 34.7% increase from the same period last year. This spike in revenue can be attributed to a number of factors, including the continued growth of the online gambling market in the state and the increasing popularity of online casino games among players.
One of the key contributors to the impressive revenue figures for April was the strong performance of several top online casinos in New Jersey. Leading the pack was Golden Nugget Online Gaming, which reported a revenue of $31.4 million for the month, representing a 57.2% increase from the previous year. Other notable performers included Resorts Digital, which recorded a revenue of $24.9 million, and Borgata Online Casino, which generated $22.2 million in revenue.
In addition to the revenue figures, the report also highlighted the increasing number of online casino accounts that were active in April. According to the data, there were over 354,000 active online casino accounts in the state during the month, a 54.2% increase from the same period last year. This surge in active accounts can be attributed to the growing popularity of online casino games among players in New Jersey, as well as the ongoing efforts of online casinos to attract and retain customers.
Industry experts are optimistic about the future of the online gambling market in New Jersey, with many predicting continued growth and success for the sector in the coming months. With the state’s online casinos continuing to innovate and offer new and exciting games and promotions to players, the future looks bright for online gambling in New Jersey.
Overall, the latest revenue figures for New Jersey’s online casinos in April are a testament to the resilience and strength of the state’s online gambling industry. With continued growth and success on the horizon, online casinos in New Jersey are poised to remain a major player in the rapidly expanding online gambling market.
