THREE AMAZING STATS FROM NJ’S RECORD MONTH FOR ONLINE GAMBLING
If it is not apparent that online gaming — both casino and sports is an unmitigated success in New Jersey, then it ought to be now.
Those amounts are amazing enough. But let’s have a look inside some stats for internet gambling.
You can cherry-pick loads of information points. But here is an interesting one:
The operators below the Golden Nugget online casino license combined for about $14.9 million in earnings. In a vacuum, that seems like an impressive number.
But let us give this context to it: Golden Nugget’s earnings would have been bigger than the complete NJ casino marketplace. That is some incredible growth for GN and NJ in general.
The July 2019 of Golden Nugget, and change the calendar beforehand t0 2016 would increase all but three months in the state that year for many casinos.
Here’s another interesting way.
Just more than 40 million was made by The Borgata for land-based gaming in July .
Is Hard Rock, with just under $39 million in revenue. That is less than NJ internet casino and casino earn total.
Should you look at it that way gaming is the equivalent of incorporating the revenue of another entire casino with none of the effects. (And, no, those online casinos aren’t taking away earnings the bodily casinos may be getting; the huge majority of online earnings is additive, not cannibalistic.)
Resorts is not the destination. It came for casino earnings in last place in July.
However, such as Mohegan Sun, PokerStars and DraftKings casino — it’s turned into a stalwart in online gambling. Resorts earnings from internet casino topped $6.2 million to July, and that’s not even close to its best month from 2019; it has approached $8 million in revenue. This spring.
Sometimes in the past earnings from Resorts Casino online came in last place.
Casino gaming this year with the DraftKings Sportsbook at NJ’s accession has become the needle-mover that is significant here. And after football season is back in swing, then start looking for another uptick for Resorts revenue, as cross-sell in sports to casino games will provide a second chance in the arm.
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