New Jersey gambling revenue rises to $276.8m in May

The New Jersey Division of Gaming Enforcement has reported a 27.1% year-on-year rise in regulated gaming revenue in May, aided by land-based and online casino growth. 

Total revenue rose to $276.8m, with a 15.3% increase in casino gaming revenue to $222.9m complemented by a strong month for igaming, which offset a weaker performance from sports betting.

Casino revenue came predominantly from slot machines, which accounted for $165.2m – or 59.7% – of the total. Table game revenue for the month was up 9.7% to $57.7m. 

iGaming revenue, meanwhile, grew 57.8% year-on-year to $38.3m, with the figure also representing a 4.6% improvement on the prior month’s total. Golden Nugget’s leadership of the state’s online casino market shows no signs of abating, with the venue’s monthly total of $14.1m (up 63.7%) accounting for 36.7% of the monthly total. 

Read the full story on iGB North America.