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New Jersey’s regulated gambling market has seen total revenue increase by 26 per cent to $1.59bn for the first half of 2019.
The industry’s total gaming revenue was $1.59bn through June 2019 compared to $1.26bn in the prior period. Casino revenue was $1.26bn reflecting a 13.1 per cent increase year-on-year. Internet gaming revenue increased 55.8 per cent to $217.5m when compared to the prior period, while sports wagering gross revenue was $109.6m.
New Jersey’s Division of Gaming Enforcement has also published its gaming revenue report for June 2019, showing a total of $283.8m compared to $233.6m in June 2018, reflecting a 21.5 per cent increase. Slots remained the primary source of income for New Jersey’s land-based casinos by some margin, generating $168.3m.
It’s worth noting that New Jersey gamblers bet more than $3 billion on sports in the first full year that it became legal, helping the state challenge Nevada for the nationwide lead in the fast-growing industry.
