They made a loss of $20.8 million for December compared to the $21.2 million for November. State sportsbooks’ revenue amounted to $1.25 million in the second quarter of 2018. The sector dropped by 3.5% compared to November and accumulated $319.2 million down from $330.7 million. The DGE also revealed that the sports betting industry didn’t do so well in December. Since the launch of the government coffers, $178.7 million was injected. The growth is beneficial to the government because $52.3 million was distributed to government funds. The industry continues to drop year on year by around 9%. However, in the poker industry, revenues fell by 11.8% representing only 71% of the overall figure of online gambling. The 2018 figures a 21.6% year on year growth, which is a new record for the state. This figure is expected to go to up to $300 million this year. The overall total income for the year of 2018 amounted to $298.7 million. The income was also higher compared to November 2018. They raked in over $29 million in revenue in December 2018. Online Gambling Revenue GrowthĪccording to the New Jersey Division of Gaming Enforcement (DGE), the casino industry has increased their revenue by almost 40% compared to December 2017. What’s more, the state smashed online gambling records.

Sports betting seems to have taken a knock.

Recently updated on January 17th, 2019 New Jersey had an exciting year in December 2018 with casino industry experts reporting revenue growth for online gambling. Published by Robert Justice JanuCategorie(s): Casino News, Gambling News, New Jersey, Sports Betting New Jersey Online Gambling Growth and Sports Betting Dips

New jersey online casino wager 2018