"At its current pace, New Jersey’s online gaming industry will blast past the US$ 700m milestone before it celebrates its fourth birthday in November,” said Steve Ruddock, lead analyst for PlayNJ.com. "Instead of listening to agenda-driven hypotheticals and what-ifs about online gaming, lawmakers considering online expansion in states such as Pennsylvania should focus on the sustained and prodigious growth occurring in New Jersey.”
New Jersey’s Monthly Internet Gross Revenue Report released Wednesday showed that legal online casinos generated US$ 20.23m during the 30 days in June.
Combined, New Jersey’s legal online casinos equate to the fifth-largest casino in Atlantic City in terms of gross revenue.
"The continued success of New Jersey iGaming shouldn’t be a surprise,” added Ruddock. "The synergies between online and land-based gaming are indisputable at this point, prompting casinos to step-up their commitment to iGaming. Frankly, it would be a dereliction of duty for an Atlantic City casino to not take full advantage of the many benefits online gaming affords.”
Also in June, New Jersey online casinos collected US$ 3.54m in tax revenue, and the Golden Nugget Atlantic City led all casinos
Source: GMB / Innovate Gaming