New Jersey Gambling Revenue up by 15% Year-on-Year

The latest monthly revenue report from the New Jersey Division of Gaming Enforcement has revealed that total gambling revenue for the month came to $430.6 million during the month of May.
iGaming revenue up by 25.7% year-on-year

New Jersey Gambling Revenue up by 15% Year-on-Year reported during April and a 15.1% increase on the same period in 2021.

New Jersey Gambling Revenue up by 15% Year-on-Year reported combined revenues of $233 million during May, an increase of 9.3% year-on-year. Slots revenue jumped by 10.5% and amounted to $174.3m. Meanwhile table gaming revenue increased by 6.1% to $58.7 million.

New Jersey Gambling Revenue up by 15% Year-on-Year

Borgata once again remains the runaway leader in the NJ online gambling sector. The company reported $42.6 million in revenue for the month while its nearest competitor Resorts Digital reported $29.8 million slightly ahead of ahead of Golden Nugget with $29.7 million in revenue.

Sports betting

New Jersey Gambling Revenue up by 15% Year-on-Year revenue jumped by 16.4% despite a 5.9% drop in wagers as sportsbooks reported accepting $766.4 million throughout the month. Of this figure, $708.4 million was wagered through mobile sports betting apps.

New Jersey Gambling Revenue up by 15% Year-on-Year

Total gambling revenue in New Jersey for the first five months to the end of May was $2.03 billion, up 18.1% year-on-year.

Land-based casino revenue for the same period increased by 20.7% to $1.08 billion while online revenue jumped by 29.3% to $681.4 million. However, sports betting revenue was down 9.3% to $269.4 million.

Jenny Tang

An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.