New Jersey’s regulated online gambling market failed to maintain its record-setting pace in April but still managed to produce double-digit year-on-year gains.
Figures released Friday by the New Jersey Division of Gaming Enforcement show state-licensed online gambling operators generating revenue of $20.8m in April. The figure is 22.6% higher than the same month last year but below the record $21.7m the operators produced in March of this year.
April’s showers of revenue were almost entirely due to online casino operations, which shot up 31% year-on-year to $18.85m, although this was $1m less than March’s tally. Online poker revenue not only failed to match March’s $2.25m, but fell nearly 24% year-on-year to just under $2m.
The Golden Nugget’s casino-only online operations, which include the local operations of UK outfit Betfair and Pennsylvania’s SugarHouse Casino, maintained its status as the state’s top earner with just under $5.4m. This is significantly higher than April 2016’s $3.3m but well back of March 2016’s record $6.17m.