Online sports betting set a new record after NFL punters rallied again. Not so New Jersey online gambling which failed to reach a new record in september.

According to figures from the New Jersey Division of Gaming Control released thursday, the combined revenue of state-licensed online casino / poker operators reached $ 87.63 million in september. A little more than double the 41.1 million dollars that were reported in the same month of 2019, although below the 87.77 million dollars registered in august of this year.

The vertical of online casinos made $ 85.1 million, this is 115.4% more year on year. In contrast, online poker generated 55.8% or $ 2.55 million. This year, total revenue from online games saw an increase of 102.2% to $ 685.6 million. Casino soared 102.7% to $ 654.7 million and poker grew 92% to $ 30.9 million.

Total revenue for Golden Nugget’s online casino with contributions from BetAmerica, Betfair and PlaySugarHouse, was over $ 26 million in september, though $ 1.65 million less than in august. In second place were the Borgata sites (PartyPoker, BetMGM and PalaCasino), which set a new record of $ 20.3 million, including $ 781,000 from poker.

Third place went to Resorts Digital Gaming (DraftKings, MoheganSunCasino and FoxBet) with $ 20 million. Of these 767 thousand dollars came from poker. The winner of the poker was Caesars Interactive Entertainment with $ 1 million. However, the result of the rest of the verticals of 8.3 million placed it in fourth place. It was followed by Hard Rock Atlantic City and its sites Bet365 and Unibet with 6.2 million dollars.

In september sports betting, on the other hand, a record $ 748.6 million was achieved, $ 80 million above the august results. Regarding digital bets, last month they reached $ 678.7 million. While the income from gambling in september rose to about $ 45.1 million, 14% more than in August and 19% more than the same month of 2019.

Between the three FanDuel operators, PointsBet and Meadowlands, 62.5% of the total bets in september were concentrated.

In second place came the combo Resorts, DraftKings and BetStars, earning about $ 4.8 million, 50% less than the august total. While box three was occupied by the Borgata / BetMGM duo who made a little over $ 4 million, $ 500,000 thousand less since august.

From january to september, New Jersey betting grew about 10% compared to the same period in 2019. Instead, revenue saw a 17% increase to $ 223.1 million.

Including the $ 190.6 million produced by table games and slot machines at Atlantic City casinos, the state’s overall gambling profit for september was $ 323.3 million. That is, there was a growth of 6.5% compared to the same month of 2019, but the fall this year is close to 25%, or what is the same, 1.94 billion dollars.

Source: https://calvinayre.com/2020/10/15/business/new-jersey-record-sports-betting-handle-september-2020/

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