New Jersey smashes online revenue record in March

New Jersey has reported a record $25.6m (€20.8m) in online gaming revenue for the month of March.

Data released by the New Jersey Division of Gaming Enforcement shows a rise of 16.3% on the $22m generated in February and also an increase on the $21.7m collected in March of last year.

The March figure means online gambling revenue for the year-to-date in the US state stands at $69.5m, some 17.3% ahead of $59.3m at the same point in 2017.

Online casinos games were the main source of income, generating $23.6m in revenue last month, while internet poker brought in just under $2m.

The Borgata Hotel Casino & Spa also became the first online licence-holder to surpass $200m in total online gaming revenue since New Jersey introduced a regulated system.

Meanwhile, land-based casino win for the state in March came in at $192.9m, which is an increase on the $170.1m recorded in February this year, but a drop on $200.1m in March 2017.

Casino win for the year-to-date stands at $525.3m, compared to $572.6m at the same point last year, while total gaming win for the state in the opening three months of 2018 is down 5.9% year-on-year to $594.9m.

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New Jersey sets online gaming revenue record in March