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NJ Online Casinos Up 19% Year-Over-Year, Revenue Surpasses $192M In May

NJ operators and their partners generated $192.1M in gross gaming revenue in May, a 19.0% annual growth and a 2.2% monthly increase.

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Katarina Vojvodic Avatar
2 mins read

The New Jersey Division of Gaming Enforcement (NJDGE) just released May 2024 revenue numbers, revealing another monthly record in gross gaming revenue.

May online casino revenue reported by NJ operators and their partners was $192.1 million. This figure represents a 19.0% year-over-year growth compared to the $161.4 million reported in May last year.

It is also a 2.2% increase from the $187.9 million NJ online casino win for April 2024.

May marks the third month with the NJDGE reporting on a breakdown of online casino win by operator.

New Jersey’s online casino revenue remains high

New Jersey’s May online casino revenue is the state’s second highest since the beginning of the year, right after March. Here’s a bigger picture:

  • NJ January 2024 online casino revenue: $183,281,386
  • NJ February 2024 online casino win: $182,334,796
  • NJ March 2024 online casino revenue: $197,195,071
  • NJ April 2024 online casino win: $187,879,067
  • NJ May 2024 online casino revenue: $192,072,857

Looking at New Jersey online casinos individually, not much has changed since last month. Similar to April, these were the top-performing operators in May:

  • DraftKings Casino: $42.2 million, taking 22.0% of the market share
  • FanDuel Casino: $40.0 million, representing 20.8% of the market share
  • BetMGM Casino: $22.4 million, 11.7% share of the market
  • Borgata Online: $17.7 million, with 9.2% of the market share
  • Caesars Palace: $12.3 million, making 6.4% of the entire market

See how NJ revenue compares to other states with our US iGaming revenue page.

Jackpot City Casino launched in New Jersey in March

Jackpot City Casino was the latest to roll out its iGaming offerings in the Garden State. After launching in Pennsylvania in December, Jackpot City Casino went live in NJ in March.

The online casino operates under a license from Golden Nugget (NASDAQ: DKNG).

The New Jersey Division of Gaming Enforcement’s May 2024 report shows that Jackpot City has generated $480,222 in internet gaming win since its launch. Chris Canas, a spokesperson for Jackpot City’s licensing operator, Digital Gaming Corp., told PlayUSA the Garden State is crucial to its US online casino strategy.

Jackpot City’s library of online casino games in New Jersey, and Pennsylvania, offers titles from renowned software suppliers like:

  • Light & Wonder
  • Evolution
  • NetEnt
  • IGT

Other partners include Games Global, Ezugi, and Oddsworks. In addition to online slots, Jackpot City Casino offers video poker, table games and live dealer games.

Katarina Vojvodic Avatar
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Katarina Vojvodic is a lead writer for PlayUSA who lives in Toronto. Vojvodic provides coverage of the US gambling industry with a focus on US online casinos. Previously, she covered Ontario’s online gambling industry for PlayCanada.com. Vojvodic holds a master’s degree in journalism from the University of Belgrade. Outside working hours, she can be found near the water with her husband and their two kids.

View all posts by Katarina Vojvodic

Katarina Vojvodic is a lead writer for PlayUSA who lives in Toronto. Vojvodic provides coverage of the US gambling industry with a focus on US online casinos. Previously, she covered Ontario’s online gambling industry for PlayCanada.com. Vojvodic holds a master’s degree in journalism from the University of Belgrade. Outside working hours, she can be found near the water with her husband and their two kids.

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