New Jersey’s regulated online gambling market set a new revenue record in January, while the Golden Nugget smashed its own individual operator revenue record.
Figures released Wednesday by the New Jersey Division of Gaming Enforcement (DGE) show the state’s online gambling licensees generated combined revenue of just under $22m in January, 16.7% higher than the same month last year and topping the previous market record of $21.7m set in March 2017.
January’s gains came despite a truly sucktastic month for online poker revenue, which was essentially flat from December 2017’s total but down 16.6% year-on-year to just $1.95m. The market’s poker nadir came last June, when the vertical managed to generate only $1.73m.
Meanwhile, the dependably juiced-up casino vertical improved 21.4% to just over $20m, which all by itself was enough to extend the market’s overall $20m+ revenue streak to 11 consecutive months.