NJ Sets New Online Gambling Record for August 2024
New Jersey's online gambling scene hit new heights this August with the news that the monthly revenue record has been well and truly smashed!
According to figures from the New Jersey Division of Gaming Enforcement, August 2024 saw online revenue of $198.4m in the Garden State. This is an increase of almost 28% from the same period last year, a monumental effort that shows the growth in the region for online casinos and sportsbook sites.
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Get BonusOnline Gambling in NJ: The Revenue Numbers
As stated above, NJ online gambling providers reported revenue of $198.4m in August, which represents an increase of 28% from the same period in 2023 (total revenue: $155.3m).
This is in sharp contrast to somewhat slow growth for land-based casinos, with the nine NJ casino operators showing a smaller increase of 4.9% from August 2023.
Slots and table games remain the most popular online gambling products, with over 98% of all online casino revenue attributed to these games1.
DraftKings, which comes under the Resorts Digital licence, topped the list with the biggest slice of the pie, closely followed by FanDuel Casino as part of the Golden Nugget group of brands, with $41m in revenue, and BetMGM Casino with $22m, operating under Borgata. When considering the overall license holders for the various online casino brands, Golden Nugget is the big winner with just over $55m in revenue.
Sportsbook betting dropped by 34.7% compared to August 2023, which includes wagering in casinos, at racetracks, and via casino partners3.
Online Gambling in NJ
The online casino market in New Jersey has evolved significantly since the state's groundbreaking decision to legalize internet gambling in 2011, and there has been a rich tradition of gambling in the state for decades.
New Jersey's gambling history began in earnest with the legalization of casino gambling in Atlantic City in 1976, a destination that is still popular with stateside gamblers to this day. This move aimed to revitalize the city’s economy and was driven by the belief that regulated gambling could generate substantial revenue and job creation.
The Casino Control Act of 1977 established the regulatory framework for Atlantic City casinos, which included stringent oversight by the New Jersey Division of Gaming Enforcement (DGE). Over the years, Atlantic City grew into one of the most prominent gambling destinations in the U.S.
In 2011, New Jersey took a significant step by legalizing online poker and casino games. This legislation allowed licensed Atlantic City casinos to offer their games on the internet, with the goal of increasing revenue and staying competitive with other gambling markets.
Online gambling officially launched in New Jersey in November 2013. The state’s market quickly grew as major casino operators and software providers entered the space, offering a wide variety of games, including slots, table games, and poker.
Best Online Casinos NJ
New Jersey’s online casino market has become one of the most robust in the U.S. The state’s approach to regulation, including strict adherence to fairness and player protection, has contributed to its success. The market is highly competitive, with numerous operators such as FanDuel Casino, Hard Rock Bet, BetMGM Casino, and Caesars Palace Online Casino offering online gaming platforms.
Play at FanDuel Casino NJ
FanDuel Casino is a popular choice in New Jersey, known for its user-friendly interface and a diverse selection of games. It offers an extensive collection of slots, table games, live dealer options, and exclusive titles. New Jersey players can take advantage of frequent promotions, including a generous welcome bonus for new users.
As an additional bonus, the casino integrates seamlessly with the FanDuel Sportsbook, allowing players to use a shared wallet for both casino and sports betting.
Play at Hard Rock Bet NJ
Hard Rock Bet (formerly Hard Rock Casino) in New Jersey offers a rock-solid online gambling experience, featuring a diverse library of games including slots, table games, and live dealer games.
Unique to Hard Rock Bet is its exclusive 'Rockin' Rewards' loyalty program, tailored for New Jersey players, where users earn points for every wager, redeemable for perks both online and at Hard Rock’s physical location in Atlantic City.
New players in New Jersey can benefit from its enticing welcome offers, which currently includes 500 free spins when making a first deposit of $20. Similar to FanDuel, the platform's integration with the Hard Rock Sportsbook allows players to easily switch between casino games and sports betting using a shared wallet.
Play at BetMGM Casino NJ
BetMGM Casino is a leading online gaming destination for New Jersey players, known for its vast game selection that includes over 500 slots, table games, and live dealer options. Exclusive titles like MGM Grand Millions and progressive jackpots set it apart in the NJ market.
New players are welcomed with a generous bonus, typically offering a deposit match and a nop deposit bonus for free play. In addition, New Jersey players benefit from BetMGM's integration with the Borgata Hotel Casino & Spa, enabling in-person deposits and withdrawals at the casino cage.
Play at Caesars Palace Online Casino NJ
Caesars Palace Online Casino delivers a top-tier gaming experience to New Jersey players, with an extensive selection of slots, table games, and live dealer options all available via their mobile app. The casino features a unique integration with the Caesars Rewards loyalty program, allowing NJ players to earn reward points redeemable for bonuses, hotel stays, and other perks at Caesars properties nationwide.
The platform offers a robust welcome bonus for new players in New Jersey, usually including a matched deposit and free spins, as well as a seamless integration of casino, sportsbook, and poker through a shared wallet to provide a flexible gaming experience.
Keen to know more about the NJ online casino scene?
Considering the strength of the operators on offer, we don't blame you. Take a look at our full NJ Online Casino Guide, plus individual pages about the best NJ mobile casino apps, and where to find the best casino bonuses this side of the Turnpike!
