Another month, another record smashed for New Jersey internet gambling
New Jersey’s red-hot internet gambling market continued to smash records in November, even as revenue inside physical casinos continued to lag behind pre-pandemic levels at six of Atlantic City’s nine casinos
ATLANTIC CITY, N.J. (AP) — New Jersey's red-hot internet gambling market continued to smash records in November, even as revenue inside physical casinos continued to lag behind pre-pandemic levels at six of Atlantic City's nine casinos, numbers released Monday show.
The New Jersey Division of Gaming Enforcement said internet gambling brought in just over $214 million in November, narrowly eclipsing the previous record of $213 million set a month earlier.
“The continuing success of online gaming and sports wagering has helped total gaming revenue achieve its best November monthly result in over a decade,” said James Plousis, chairman of the New Jersey Casino Control Commission.
But that's not necessarily great news for the casinos. They must share a substantial portion of internet and sports betting revenue with partners including sportsbooks and tech platforms.