New Jersey online gaming revenue climbs 28.5% YoY in May
New Jersey online gaming revenue rose from US$192.1 million to US$246.8 million in May, reflecting a year-on-year increase of 28.5%.
Figures published by the state’s gambling regulator, the New Jersey Division of Gaming Enforcement, also showed that the year-to-date revenue figure increased year-on-year, rising from US$942.8 million to US$1.2 billion, an increase of 22.5%.
Eight casinos in New Jersey offer online gaming, including Bally’s Atlantic City, Borgata Casino & Spa, Golden Nugget Atlantic City, Hard Rock Atlantic City, Harrah’s Atlantic City, Ocean Casino Resort, Resorts Casino Hotel, and Tropicana Casino & Resort.
Seven of these showed an increase in revenue from May 2024. Golden Nugget Atlantic City reported the highest revenue of the month, rising from US$54.5 million to US$75.6 million, a year-on-year increase of 38.8%.
Borgata Hotel Casino claimed second place in the rankings, growing its revenue from US$44 million to US$57.1 million, a 32.6% increase. Even the lowest-earning casino, Harrahs, showed a significant rise of over 100%, from US$1.5 million to US$3.2 million.
The one casino to show a decline was Ocean Casino Resort, whose revenue fell from US$6.9 million in May 2024 to US$5.2, a year-on-year decline of 23.9%.
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Charlotte Capewell brings her passion for storytelling and expertise in writing, researching, and the gambling industry to every article she writes. Her specialties include the US gambling industry, regulator legislation, igaming, and more.
