New Jersey’s online gambling revenue growth slows in August

New Jersey’s regulated online gambling market continued its trend of double-digit gains in August but failed to set a new revenue record.

Figures released Wednesday by the New Jersey Division of Gaming Enforcement (DGE) show overall online revenue of $16.1m in August, up 31.6% year-on-year but well back of the record $17.4m earned in July.

Online casino revenue continued to drive the overall figures, rising 35.8% year-on-year to $13.9m. Online poker shook off its traditional summer slump by rising 9.6% to $2.17m. For the year-to-date, overall online revenue totaled $128.2m, 32.6% higher than at this point last year. Poker is up 10.7% to $17.9m while casino jumped 37% to $110.3m.

The Borgata Hotel Casino-affiliated sites held on to pole position on the revenue chart, albeit not by much. The Borgata sites garnered $3.73m in August, with casino contributing $3.12m and poker anteing up $608k.