Online casino gaming has been quite successful in New Jersey, with operators setting new records month after month. New Jersey is the top state when it comes to online gaming in the US and the revenue numbers from February only reiterate that fact. In February, online gaming revenue totals came in at just over $21,990,000, coming just shy of the $22m mark and hitting the $20 million range yet again.
Breaking down the revenue totals, online casino gaming generated $20,219,136 while online poker brought in $1,772,988. In total, the state saw $21,992,124 in online gaming revenues for February. Year to date, the state has earned $43,954,464.
This is the second month in a row that New Jersey has close to the $22 million mark. February actually outperformed January by $30,000. February even has fewer days, which makes the earnings even more remarkable.
There are several factors that contribute to the success of online gaming in New Jersey as well as factors that play into iGaming success in the future. For starters, online casinos in the state continue to create new games and offer new products. Players have access to quality promotions and contests which keeps gamers online.
In the near future, Ocean Resort Casino and Hard Rock AC will be opening for business in Atlantic City. Both are said to be launching online services as well, which will provide even more gaming for residents and visitors of the state. The two will also contribute to revenues which could help to push the state over the $22 million mark for months on end.
The Golden Nugget is the top operator in the state, continuing to reign supreme when it comes to online gaming earnings. The license holder has several brands and sub-brands operating under their licensing, including the online casino of their own name, Betfair NJ online casino and SugarHouse. In January, the Golden Nugget saw their first $7 million month and February brought in almost $8 million.
The license holder shows no signs of stopping and second place Borgata is nowhere near reaching their earnings bracket. The Borgata continues to hold the second-place position in earnings, with February bringing in just over $3 million.
It will be interesting to see in the coming months if New Jersey will continue to surpass the $20 million range in monthly earnings or if they go even further with the revenues they generate.
