New Jersey is living up to its nickname in terms of growing online casino win totals. Players in the Garden State set a new bar for themselves in terms of activity on regulated New Jersey apps.
New Jersey online casinos won about $208.1 million through the 30 days of September 2024, marking the first time the state’s total cleared $200 million in a single month. The current fiscal year is on a gangbuster pace in this regard.
New Jersey online casino win reaches new height
According to a release from the New Jersey Division of Gaming Enforcement (NJDGE), September’s win broke new ground for the state’s regulated online casino industry. Neighboring Pennsylvania has already seen multiple $200 million months for online casino win and now that threshold is in the rearview mirror for the same in New Jersey.
September 2024’s total represents an increase of 27.1% over the New Jersey online casino win total from September 2023.
The previous single-month record for online casino win in New Jersey came in August 2024, sitting at $198.4 million. The numbers for the current fiscal year are looking just as strong.
Through the first three months of the current term, New Jersey online casinos have won about $601.9 million from players. That total is up about 21.2% compared to July through September of 2023.
A deeper look at the numbers reveals how individual apps have contributed to that sum.
DraftKings, FanDuel dominating unprecedented year
In September 2024, seven of the current licensed brands in New Jersey posted their highest win totals for a single month since the NJDGE started reporting such statistics in March. DraftKings Casino and FanDuel Casino were among them per numbers from the NJDGE.
Through the first three months of the fiscal year, DraftKings and FanDuel have each accounted for more than 20% of the win total. They are the only two apps to hold a double-digit share of the market in the term so far.
At the same time, other brands have been the strongest performers in terms of producing consistent win totals. PlayStar, Resorts and Stardust were among the leaders in that vein for September.
If the next nine months can maintain 20% growth, the 2023-24 fiscal year will blow away expectations in New Jersey. September set the stage for that performance.