NJ Online Casinos Generate Record .65 Million In Revenue As FanDuel Skyrocket

Posted by freemexy on June 1st, 2019

With an additional .22 million in online sports betting revenue this March, led by a dominating performance from FanDuel Sportsbook (sports betting revenue reports under Meadowlands,) NJ online casino operators generated a total of .65 million in online gross revenue compared to a total of .6 million in the previous month.onlinecasinodollar

Online gaming revenue jumped a whopping 42.7 percent in March compared to the prior month, according to figures released Friday by the New Jersey Division of Gaming Enforcement. New Jersey online gambling operators report revenues in three gaming categories:

.23 million in gross online casino gaming win
.22 in gross online sports betting win
.90 million in gross online poker gaming win
New Jersey online casino operators are hotter than ever as they closed the first quarter for 2019. Gross revenue growth on casino games is led by operators under the umbrellas of Golden Nugget Online Casino and Resorts Online Casino. Golden Nugget’s .22 million reporting includes gross casino game revenues from Golden Nugget Online Casino and SugarHouse Online Casino, to along with both Betfair Online Casino and FanDuel’s online casino players. Resorts Casino’s .86 million gross casino games revenue comes from play at DraftKings, Mohegan Sun Online Casino, Resorts Online Casino, and PokerStars.

Even without the massive revenue growth from New Jersey sports betting activity, NJ gambling sites marked the largest month-over-month gain in the market since its inception, generating .13 million in online poker and casino game revenues in March 2019.

"Something special is clearly clicking over at FanDuel, who just set a new benchmark for success in regulated online gambling. With Pennsylvania online casinos opening operations in the next few months, 2019 is proving to be a pivotal year in the legalization of online gambling in the US.”