New Jersey casinos won $ 352.2 million in April

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New Jersey's gambling market won 352.2 million from players in April, according to numbers released by state gaming regulators.

That's a huge 326. 4% year-over-year increase, but April 2021 is essentially incomparable to April 2020 because Gov. Phil Murphy closed nine Atlantic City casinos in response to the pandemic.

While traditional properties were closed, the state's online casinos generated $82.6 million.

Every aspect of the online gambling market has seen growth since then.

Online gaming winnings increased 34.8%, with online operators earning 107.7 million last month. April's online numbers stay close to March's record highs, when online casinos won 113.7 million.

Sports betting revenue was $54.8 million, and while there is no exact figure for the amount wagered online, it is estimated that 80% of sports bets in the Garden State are made virtually.

Every online gambling operator in New Jersey has seen an increase in revenue. Borgata's online platform saw the biggest jump with 106. 8% revenue growth, making $ 32.8 million. It was the most profitable online operator, ahead of Golden Nugget Online Gaming at 32.4 million.

Golden Nugget is overall the most profitable online casino in the state. For comparison, $ won 27.6 million a year ago and was by far the most profitable company in this space. Resorts Digital, owner of PokerStars New Jersey, was next closest with $ 16.1 million in revenue.

Traditional casinos won 189.6 million of the 138 million from slot machines and the remaining 51.6 million from table games. This was done while operating at reduced capacity, but this will change from Wednesday.

In early May, Murphy announced he would allow Atlantic City casinos to operate at full capacity in May. 19. Pent-up demand that led to U.S. casinos generating 11. 1 billion in the first quarter should also lift markets in New Jersey as more people return to casinos.

Not only was Borgata the best online casino, but it also won the most in the live arena. MGM – net worth net worth 38. 5 million in gambling income. Hard Rock Atlantic City was the only other property to exceed $27 million as it won 35.2 million from players. The Golden Nugget had the smallest revenue of all nine casinos with just over $11 million.

The New Jersey gambling market won $1. 35 billion years to date someone.

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