New Jersey online gambling revenue tops $20m for 7th month

New Jersey’s regulated online gambling market posted its seventh straight month of +$20m revenue in September, although the online poker vertical’s contribution continues to fall.

Figures released Thursday by the New Jersey Division of Gaming Enforcement (DGE) show state-licensed online gambling operators generated revenue of just under $20.4m in September, more than one-quarter higher than the same month last year, although the sum was nearly $1m less than what the sites reported in August 2017.

The online casino vertical did its part to keep the seven-month streak going, with revenue rising 30% to just under $18.5m. Meanwhile, online poker fell 5.7% year-on-year to $1.9m, not far off the vertical’s historic low of $1.73m recorded this June.

For the year-to-date, the overall online market is up 27% to $183.7m, with casino improving nearly one-third to $165.1m while poker is down nearly 7% to $18.6m.

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