New Jersey’s regulated online gambling market set a new monthly revenue record in February despite having less time in which to rack up the win.
Figures released Wednesday by the New Jersey Division of Gaming Enforcement show the state’s online gambling licensees generated revenue of $21.992m in February. That’s 17.5% higher than February 2017 and $30k higher than the state’s previous record performance in January 2018, which, it must be noted, had three extra days on the calendar.
As ever, the online casino vertical did all the heavy lifting, rising 22.2% from the same month last year to just over $20.2m. This marks 12 straight months that the casino vertical has topped the $20m mark. The poker vertical turned in its usual half-baked effort, falling 18.3% year-on-year to $1.77m and down from $1.95m in January.
For the admittedly young year-to-date, the overall online revenue figure is up 17.1% to just under $44m, of which all but $3.7m came via casino.