New Jersey Gaming Revenues Rise Thanks to Internet Gambling – Even though brick-and-mortar gaming revenue decreased year-on-year in September, New Jersey’s gross gaming revenue did pick up thanks to wins from internet operators.
According to figures released Thursday by the New Jersey Division of Gaming Enforcement, September’s total gaming revenue was $ 323.3 million. The figures represent a 6.5 percent increase, which for most of the market was unheard of after the COVID-19 pandemic.
The September figure actually fell slightly from the $ 326.3 million won in August, but is still up considerably from the 248.7 million July. July is the first month gambling has resumed in the state since closing in mid-March.
The August figure actually represents a 7.5 percent decrease year over year. With September’s increase, it snuffed out the sixth straight month of declining revenues.
Outside of Maryland, which posted a nominal increase in September gaming revenue, most gambling markets saw sharp falls. Nevada Casinos posted a 22 percent drop in revenue in August.
Garden State’s gross gaming revenue consists of $ 87.6 million won by internet gambling operators, $ 190.6 million won by physical casinos and $ 45.1 million in revenue from sports betting.