Atlantic City online gambling continues to return double digit revenues

News on 15 Feb 2017

Figures for January released Tuesday by the New Jersey Division of Gaming Enforcement show that Atlantic City’s online gambling revenues have continued to trend upward, rising 28.6 percent year-on-year to $18.8 million and making a real contribution to land operator profits.

The state government did not do too badly either, harvesting tax of $16.5 million for the month.

The online casino vertical again led the trend, with revenues up by almost a third y-o-y at $16.4 million, whilst online poker rose 8.7 percent to around $2.3 million in an improved performance over December.

Top operator was again Golden Nugget, which generated $4.77 million from its online casino activity, followed by Caesars Interactive Entertainment New Jersey on $4.03 million, and the Borgata on $3.77 million. Pokerstars‘ New Jersey partner Resorts Digital Gaming delivered revenue of $3.16 million, and the Tropicana $3.08 million.

The Atlantic City land casino revenues were up 5.9 percent year-on-year at $185.9 million.

Including online gambling revenue the total was $204.7 million, a 7.7 percent rise on January 2016 numbers.

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