New Jersey online casinos and poker sites raked in $41.1 million in combined revenue during September, setting a new record for the third consecutive month. That total surpassed $40 million in back-to-back reporting periods after reaching $30 million for the first time in January of this year.
Internet gaming win rose almost 60 percent from September 2018. Sports betting revenue jumped 59.3 percent to $37.9 million. Of that, $29.4 million came from online sports betting. Year to date, internet win rose 57 percent to $339 million while sports betting increase from $40.3 million last year to $190.6 million this year.
The Golden Nugget continues to set the pace for New Jersey’s digital industry. The market leader cleared another peak in September, setting a new record of $15.6 million in revenue for the month. It has held the top spot since December 2016, and no competing operator has ever reached eight figures in any single month.
Resorts AC again claimed second place, booking a win of $8.9 million. That’s a new personal best for its network too. Along with Ocean Resort, those two operators were the only ones that reported growth from August to September.
Ocean Resort saw internet win increase almost 60 percent to more than $517,000, while sports wagering took in $3.1 million, up 140.4 percent.
The Borgata/MGM network finished with $6.9 million in revenue across casino and poker segments.
FanDuel Sportsbook dominates, responsible for almost $17 million of the total revenue on its own.
New Jersey sports betting handle climbed to a monthly record of more than $445 million in September 2019. Revenue shot up to nearly $38 million as well, with a strong hold of more than 8.5 percent. That comes as little surprise given the start of college football and NFL betting, as well as the spread of New Jersey sports betting apps.
At this time in 2018, DraftKings Sportsbook and FanDuel Sportsbook produced more than $11 million in year-to-date sports betting revenue in New Jersey. Last month, FanDuel reported almost $96 million in year-to-date revenue via Meadowlands Racetrack. DraftKings reported revenue of $50.5 million through Resorts AC. William Hill checked in third with $18 million at Monmouth Park.
New Jersey sportsbooks held 5.4 percent of all football bets in September. Sportsbooks won 13.5 percent on parlays.
