New Jersey online gambling revenue reached new heights last month. According to the Division of Gaming Enforcement, the state raked in over $450 million in the month of July, and of that nearly $120 million was from internet betting. Those numbers are way up from the same time last year when New Jersey had made $1.29 billion by this time. The figures for this year mark an increase of just over 98%, with the year-to-date revenue for the state at $2.56 billion. The new figures for online gaming shatter the prior record from March when revenue reached $113.7 million. But…

Records are made to be broken, and New Jersey online gambling has done just that. Recently, they surpassed Nevada to take the sports betting lead in America. And now they are the first state to surpass $100 million in online gambling revenue in a month. Sports betting in the state set a new record high of $82 million, a 54% jump from January of last year. Gamblers bet over $945 million on sporting events for the month, down from the previous record $996 million in December of 2020. Online casino revenue reached a record high for the month with a…

Coronavirus may have slowed them down a bit, but New Jersey online gambling revenue has rebounded nicely for October! Internet betting sites in the state were able to bring in well over $90 million which set a new record. Bets on sporting events was also up nearly 30%. Poker was not as lucky. Revenue has been seeing a downward trend for months, but drop did slow. But online casinos did well, with the Golden Nugget increasing revenue 8.2%. Their closest competitors are Resorts and Borgata which continued the chase. Tropicana had the best month of any license holder, up 20.8%….

New Jersey online gambling has been overtaken by sports betting for revenue generated in the state. And the October numbers show that it was no fluke. The sports betting revenue for October were $1.2 million higher than the total internet casino and online poker revenue. However, keep in mind that these sports betting numbers also include revenue from betting shops and racetracks. Meadowland racetrack with their FanDuel partner broke another record with $24.8 million in sports wagering revenues. Resorts Digital Gaming which is includes DraftKings and FoxBet came in second place with $10.56 million. In third place is Monmouth Park…

Lehigh Valley Live – Pennsylvania cut heavily into New Jersey’s gambling revenues with the opening of its own casinos over the last 7 1/2 years. In November, New Jersey struck back with the introduction of online gambling. Pennsylvania casinos in the eastern part of the state — including Sands Casino Resort Bethlehem — get a significant portion of their business from New Jersey residents. But have the four months of online gambling in New Jersey cut into Pennsylvania’s profits? Officials say it’s too early to tell. Pennsylvania gaming revenues have been largely on the decline since New Jersey’s online gambling…

Philly.com – A new poll finds more New Jersey residents want to smoke pot than gamble over the Internet. A Fairleigh Dickinson University PublicMind poll finds 41 percent of respondents would support smoking marijuana recreationally if it became legal. That compares with only 32 percent who support gambling over the Internet, which is legal in New Jersey now. The poll finds support for online gambling has fallen, even as it enters its third full month and more than 150,000 online gambling accounts have been set up in the state. “The public’s attitude was, for several years, warming up to online…