New Jersey sets online gambling revenue record in December

New Jersey’s regulated online gambling market closed out 2016 in style, thanks in part to the Golden Nugget’s record-setting performance in the month of December.

Figures released Thursday by the Division of Gaming Enforcement show state-licensed online operators generated revenue of just under $18.4m in December, 31% higher than the state reported in December 2015 and $1m more than the state’s previous revenue record set last July.

As usual, the numbers were driven by the casino vertical, which improved 35% year-on-year to just under $16.3m while poker nudged up nearly 6% to $2.1m. For 2016 as a whole, overall online revenue was up 32% to $196.7m, with casino gaining 36% to $170.2m and poker rising 11.3% to $26.5m.

As mentioned, the Golden Nugget’s casino-only site had a December to remember, posting revenue of $4.79m, nearly $1.9m more than the Nugget’s umbrella of sites earned in December 2015. The December tally easily eclipsed the Nugget’s previous high-water mark of $4.1m set last October, and marks an all-time high for any New Jersey-licensed operator. The Nugget has now worn the state’s online revenue crown in three of the past four months.