BUSINESS

Nugget rules New Jersey online gambling, Borgata slides to third

TAGs: New Jersey Online Gambling

golden-nugget-new-jersey-online-gambling-revenueAtlantic City’s Golden Nugget casino continued to rule New Jersey’s regulated online gambling market in January, while the Borgata’s former numero uno operation slid all the way to third place.

Figures released Tuesday by the New Jersey Division of Gaming Enforcement show the state’s licensed online gambling operators generated revenue of $18.8m in January, 28.6% higher than the same month last year and $400k higher than December 2016’s total.

As ever, the results were dominated by the online casino vertical, which gained nearly one-third year-on-year to just under $16.5m. Poker gained a more moderate 8.7% to just over $2.3m, which is over $200k more than December 2016, so somebody apparently found some fun money in their Christmas stocking.

The Golden Nugget failed to match its record setting December revenue total of $4.79m, but only just barely. The Nugget’s casino-only site generated $4.77m in January, more than enough to keep it atop the revenue charts, a spot the Nugget has occupied in four of the past five months.

Caesars Interactive Entertainment New Jersey continued its strong momentum from December, placing second with $4.03m, with $3.32m from casino and $713k from poker. January’s total was around $350k higher than the site earned in December, and around $800k more than the same month last year.

The once dominant Borgata family of sites ranked third with $3.77m, with $3.09m from casino and $677k from poker. The total is roughly flat from December’s total, but over $800k less than the sites brought in during January 2016.

Resorts Digital Gaming, whose operations include Amaya Gaming’s PokerStars New Jersey brand, reported total revenue of $3.16m, with nearly $950k from poker. The overall total is flat from December while the poker total is up 17%.

The Tropicana’s casino-only site reported revenue of $3.08m, virtually unchanged from December and up only marginally from January 2016.

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