New Jersey’s regulated online gambling market reported healthy year-on-year revenue gains in October, and even poker showed signs of life.
The state’s licensed online gambling operators reported overall revenue of just under $12.9m in October, a gain of nearly 36% from the same month last year. Last month’s total is also up nearly 7% from September’s revenue figure and only $300k off the market’s all-time peak this March.
October’s gains were once again driven by the casino vertical, which was up nearly 36% year-on-year and 7% sequentially to just under $11m. The poker vertical generated $1.91m in October, rebounding from September’s record low of $1.77m, while falling 3% year-on-year.
As always, sites operating under the Borgata Hotel Casino & Spa’s license took top online honors, generating $3.5m ($2.4m casino, $1.1m poker) while Caesars Interactive Entertainment sites earned $2.9m ($2.07m casino, $833k poker).