If it’s not obvious that gaming — both casino and sports betting — is an unmitigated success in New Jersey, then it ought to be.
Those amounts are amazing enough. But let’s take a closer look inside some more amazing stats for internet gambling.
You can cherry-pick a lot of information points. But here’s an interesting one:
The operators under the Golden Nugget online casino license combined for $14.9 million in revenue. In a vacuum, that sounds like an impressive amount.
But let us give this context: Golden Nugget’s earnings would have been bigger than the NJ online casino market for any month in 2015. That’s some wonderful expansion generally for both NJ and GN.
The July 2019 of Golden Nugget, also change the calendar ahead t0 2016 would outpace at the nation that year for all online casinos.
Here is another way to look at the AC casino market.
Just The Borgata made greater than 40 million for gambling in July .
Is Hard Rock, with just under $39 million in earnings. That’s less than NJ internet casino and casino make in total.
Online gambling is the equivalent of including the earnings of another casino to Atlantic City, and also a large one at the, with none of the ill effects When you take a have a look at it that way. (And, no, these online casinos are not taking away earnings the bodily casinos might be getting; the vast majority of internet revenue is additive, not cannibalistic.)
Resorts is not the top destination. It came for casino revenue in last place in July.
But including DraftKings casino, PokerStars and Mohegan Sun — it has become a stalwart in online gambling. Resorts revenue from online casino topped $6.2 million for July, and that’s not even near its very best month from 2019; it’s approached $8 million in earnings. This spring.
Among all licensees in a particular month , online earnings from Resorts Casino online came in last place at times in the recent past.
Casino gambling this season with the DraftKings Sportsbook at NJ’s accession has become the needle-mover that is big here. And once football season is back in swing, search for another enormous uptick for Resorts earnings, as cross-sell in sports into casino matches will offer an additional opportunity in the arm.
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