- Online casino income
- Online sports betting income
- Total online gambling income ( casino and poker)
- Total online gambling income with sports betting
- Online casino income by a single operator
- Most online operators more than $five million
Best line numbers
Right here are the major line numbers from the New Jersey Division of Gaming Enforcement’s most recent month-to-month income reports.
Income by vertical:
- March 2019 online casino income: $37,230,590
- March 2019 online poker income: $1,903,790
- March 2019 online sports betting income: $24,260,149
- March 2019 total online gambling income: $ 39,134,380
- March 2019 total online gambling income w/sports: $63,394,529
Sports betting and online casinos go collectively like peas and carrots
New Jersey has observed total online gaming income ( casino and poker) develop by at least 40% in each and every of the previous 4 months, and development of at least 50% in two of the previous 4 months.
Much more proof of the influence of online sports betting can be observed at the person operator level.
Golden Nugget (by means of its sub-brand Betfair) and Resorts Casino have been the greatest gainers in the course of the current development spurt. Each just take place to be affiliated with the major two sportsbooks in the marketplace:
To be clear, FanDuel Sportsbook operates beneath the Meadowlands Racetrack sports betting license, but mainly because Betfair and FanDuel share a wallet (and hence buyers), each Golden Nugget and Meadowlands advantage from the app’s reputation.
Here’s a appear at the Y/Y alterations:
Borgata breaks $five million but loses marketplace share
- License holder: Borgata
- Brands and sub-brands: Borgata, Celebration, Pala, playMGM
- Industry share: 13.9% (-.three% M/M)
But it is no longer in choose enterprise.
Prior to sports betting, a $five million month for an online casino was a major deal. Now it is the baseline of good results, thinking of 4 of the 5 established online casino operators achieved the feat in March.
Golden Nugget is a runaway train
- License holder: Golden Nugget
- Brands and sub-brands: Golden Nugget, Betfair, SugarHouse, BetAmerica
- Industry share: 36.four% (+two.7% M/M)
Golden Nugget AC set a new higher water mark for the marketplace in March. Even with Resorts far more than doubling its income considering the fact that the launch of sports betting, Golden Nugget casino is nonetheless almost lapping Resorts.
Tropicana falls out of the trail pack
- License holder: Tropicana
- Brands and sub-brands: Tropicana, Virgin
- Industry share: 9.five% (-1.four% M/M)
If the NJ online casino marketplace was a marathon, Golden Nugget is way out in front. Resorts is carrying out its finest to maintain GN in sight. Caesars and Borgata have developed a trail pack, and Tropicana is cramping up and struggling to finish the race.
Resorts jumps more than $eight million
With its current surge, Resorts is the clear quantity two in the marketplace. And like Golden Nugget, Resorts is proving that forming strategic partnerships is crucial.
Caesars posts its finest month to date
Caesars posted its initially $five million month in March, but as noted above, $five million is no longer the mark of a strong month.
Challenging Rock’s development stalls out
- License holder: Challenging Rock
- Brands and sub-brands: Challenging Rock
- Industry share: four.two% (-1.two% M/M)
Challenging Rock has carried out a excellent job of grabbing marketplace share, establishing itself as a critical player in the marketplace in significantly less than a year.
That stated, its development stalled in March, as Challenging Rock’s marketplace share fell from far more than five.four% in February to four.two%.
Ocean Casino Resort is becoming an also-ran
- License holder: Ocean Casino Resort
- Brands and sub-brands: Ocean Online
- Industry share: 1.three% (-.two% M/M)
Historical appear at iGaming income in NJ