New Jersey Online Casino Revenue For November Sets Record

New Jersey online casinos surpassed October’s all-time revenue high of $166.8 million and set a new monthly record in November, according to figures released Friday by the New Jersey Division of Gaming Enforcement.

Total gaming win for the last month was $482.4 million, which included:

$214,932,078 revenue from land-based casinos
$171,591,504 win coming from NJ online casinos
$95,889,050 revenue from sports betting

Although revenue from online casinos and sportsbooks showed monthly progress in November, land-based casino win was still higher in October.

NJ online casinos exceed $170 million in November

NJ online casinos generated $171.6 million in revenue in November, which is a 17.4% increase from last November.

Here’s how November NJ online casino revenue compares to the rest of the year:

January: $152,866,817
February: $142,592,966
March: $165,711,825
April: $158,936,991
May: $161,411,924
June: $149,292,604
July: $155,165,055
August: $155,274,526
September: $163,790,486
October: $166,799,072
November: $171,591,504

For the year-to-date period, the online gaming win reported by casinos and their partners was $1.7 billion, reflecting a 15.4% growth compared to $1.51 billion for the prior year-to-date period. In other words, the New Jersey online casinos are on their way to making 2023 their most profitable year so far.

November 2023 revenue by NJ casino operators

In November, Golden Nugget and its online casino partners were the strongest in New Jersey. Golden Nugget is behind casino brands BetRivers, Betway and Stardust, which have jointly reported $50.1 million.

Resorts Digital was second, with a revenue of $47.25 million. The group has agreement with DraftKings, Mohegan Sun Casino, Poker Stars Casino and Resorts Casino.

Bordata came third with $37.90 million in revenue from BetMGM, Party Casino & Party Poker, Pala Casino, Wheel of Fortune Casino and Borgata.

Here’s a November 2023 revenue monthly comparison:

Golden Nugget Atlantic City: $50,113,737
Resorts Digital: $47,248,495
Borgata: $37,897,517
Tropicana: $9,046,737
Hard Rock: $8,655,271
Bally’s: $7,935,221
Caesars Interactive: $5,664,359
Ocean: $5,022,983
Harrah’s: $7,184

Total: $ 171,591,504

Caesars Interactive and Borgata were the only operators to show a yearly decrease in online gambling win.

Brick-and-mortar New Jersey casinos bring in almost $215M in revenue

The New Jersey Division of Gaming Enforcement’s November report shows that nine casino hotel properties collected $214.9 million in casino win last month. The figure represents a 5.99% monthly increase and a 0.2% annual rise compared to $214.5 million set in November 2022.

NJ sports betting revenue increased almost 4% from October

Gross revenue from sports betting, as reported by casinos, racetracks and their online partners, was $95.9 million for November 2023. The figure is a 3.94% monthly increase and a 19.2% yearly rise from November 2022’s $80.4 million.