New Jersey’s regulated online gambling market continues to set new revenue records as Atlantic City casinos remain closed due to COVID-19, while sports betting continues to suffer from a blank calendar of events.
Figures released Friday by the New Jersey Division of Gaming Enforcement show state-licensed online gambling revenue hitting nearly $86m in the month of May, a 124.1% rise over the same month last year and handily beating the market’s previous record of $80m in April 2020.
As always, the online casino vertical did the heavy lifting, shooting up 122.8% year-on-year to $81.4m. Online poker posted a larger percentage gain, rising 151.2% to $4.5m, although that represented a step back from April’s record $5.15m, proving that even pandemic lockdowns can’t make online poker seem all that interesting for very long.
On a year-to-date basis, the overall online tally is up 88.3% to $337.8m, with casino rising 88.4% to $320.9m and poker up 86.7% to $16.9m.