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Gambling in the USA

NJ Online Gambling Revenues Decline Month over Month to $45 Million in June, Due to Less Sporting Activity

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The summer months are generally the quiet time of year for NJ online casinos and sportsbooks, and the most recent financial numbers from June 2019 seem to support that trend. After pulling in over $52 million in revenues from online casinos and online sportsbooks during the month of May, that number slipped to about $45 million, according to figures from the New Jersey Division of Gaming Enforcement, as reported by BonusSeeker.com.

The dip came as expected as online sports gaming revenue dropped $6.78 Million month over month due to less sporting activity in the month of June.

Golden Nugget Online and its array of high-profile operators hold a massive revenue lead that continues to expand with each passing month. It dominated the competition once again with nearly $13.6 million in June, clearing second-place Resorts Digital by more than $7 million dollars. The report from the New Jersey DGE also shows us that Golden Nugget has now earned double-digit millions in revenue in all six months of 2019 and at almost $78.69 million in total gross revenue with just half the year’s numbers recorded. The casino giant is on pace to smash its nearly $105 million in revenue earned last year. Borgata Online Casino earned $5.66 million to remain in the third spot and hold off Caesars in the revenue rankings.

Powered by Golden Nugget, overall numbers for online casinos in New Jersey remained on par with a barely-noticeable slip, but sports betting revenue in the Garden State was cut nearly in half in the month of June after earning $13.75 million in May. New Jersey online gambling operators report revenues in the following three categories:

  • $36.29 million in gross online casino gaming win
  • $6.938 in gross online sports betting win
  • $1.77 million in gross online poker gaming win

“We expected the industry to go through a bit of a dry spell following the completion of NBA and NHL postseasons,” said Rich Migliorisi, Managing Editor at BonusSeeker.com. “Baseball is the only sport day-to-day, but as fall comes we know sports betting in New Jersey will pick up sharply as football season kicks off.”

The $6.94 million of online sports gaming revenue generated in June is the lowest monthly total since August 2018, which registered just $3.12 million before skyrocketing in September through the end of the year.

New Jersey Online Gambling Revenue by The Numbers – June 2019 ($ in millions)

Here is the full breakdown for New Jersey online casino revenue in June.

  • Golden Nugget: $13.60
  • Resorts: $6.39
  • Borgata: $5.66
  • Caesars: $4.10
  • Ocean Resort: $0.356
  • Hard Rock: $2.42
  • Tropicana: $3.75
  • Total: $36.29

NJ Online Poker Revenue in June

  • Resorts: $.537
  • Borgata: $.372
  • Caesars: $.862
  • Total: $1.77

Combined NJ Online Casino and NJ Online Poker Revenue In June

  • Golden Nugget: $13.60
  • Resorts: $6.93
  • Borgata: $6.03
  • Caesars: $4.96
  • Ocean Resort: $0.356
  • Hard Rock: $2.42
  • Tropicana: $3.75
  • Total: $36.29

NJ Sports Betting Online Revenue in June

  • Bally: $.0269
  • Borgata: –$.0329
  • Golden Nugget: $.0375
  • Hard Rock: –$.0287
  • Ocean Resorts: $.794
  • Resorts Digital: $2.687
  • Meadowlands: $2.725
  • Monmouth$.7181
  • Tropicana: $.0103
  • Total: $6.938

For more information, visit https://www.bonusseeker.com

 

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Gambling in the USA

Mechoopda Casino to Suspend Operations Effective January 31, 2025

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The Mechoopda Indian Tribe has announced that the Mechoopda Economic Gaming Authority (MEGA) Board has made the decision to suspend operations at Mechoopda Casino. The final day of operations will be Friday, January 31, 2025.

The Mechoopda Casino says this decision comes after months of deliberation and efforts to address the various challenges affecting the casino’s operations.

Dennis Ramirez, Tribal Chairman of the Mechoopda Indian Tribe, said: “Suspending operations at the Casino is a heart-wrenching decision that affects not only our Tribe but also our valued employees, customers, and the surrounding community. While this chapter is closing, our commitment to the Casino’s long-term vision remains steadfast. For over 25 years, this project has been a cornerstone of our economic development goals, and we will continue to work toward its future reopening.”

The Tribe is taking steps to support both its employees and community partners during this transition period:

Employee Support: The Tribe is committed to offering resources and guidance to assist team members through this difficult time.

Remaining Open Until January 31: The Casino will remain open through its final day of operation, giving guests the opportunity to enjoy the remaining days of service.

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Compliance Updates

Arizona Department of Gaming Releases October Sports Betting Figures

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Bettors in Arizona wagered approximately $791 million on sports in October of 2024, according to a new report by the Arizona Department of Gaming. This represents an approximate 22% increase when compared to October of 2023.

The state collected approximately $2.35 million in privilege fees in the month.

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Gambling in the USA

Neosurf & Betting Hero to reveal results of their in-depth study into US online gambling and payment habits in exclusive two-part webinar series

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Neosurf, the globally trusted provider of swift and secure cash-to-digital payment solutions, has announced it will be sharing the findings of a recent study into the online betting habits, preferences and frustrations of US players in an exclusive two-part webinar series beginning on January 14th.

Neosurf commissioned the research via Betting Hero – a leading US-based iGaming portal with expertise in casino, sports betting and DFS. The webinars will see Neosurf CEO Americas, Sue Page, Betting Hero’s Co-Founder and President, Jai Maw, and Senior Director of Product and Research, Ernie Ropas, dive into the report’s key findings and discuss what some of the more surprising results could mean for operators.

The survey, which featured respondents from New Jersey, Colorado and North Carolina, aimed to help operators and regulators within the gambling industry better understand the typical US bettor – how and why they bet, what tools they use to manage their budget and what Responsible Gaming means to them. The findings will be revealed in the webinars and used to identify areas where Neosurf’s products can help operators provide a better user experience.

The research highlighted several aspects of payments and responsible gaming that bettors felt could be improved. Problems with payments remain an issue – 52% of respondents said that they’d experienced payment issues in the past year, and with over 50% depositing and withdrawing multiple times each month, there is a significant cost impact to the operators.

Additionally, respondents indicated they’d be in favour of using a service that could share pre-verified ID information with operators, with ease of use for new payment methods and seamless integration across multiple platforms identified as important factors in their choosing and remaining loyal to a single sports betting platform.

Sue Page, Neosurf CEO Americas, said: “It was important to us to gain a more detailed insight into the US sports bettor. We wanted to talk to the players and ask questions that no one else is asking, and  through our collaboration with Betting Hero I’m delighted that we now have a comprehensive piece of research.

“Offering valuable insights into player habits – how and why they bet, the ongoing pain points they’re experiencing with payments and their thoughts on Responsible Gaming—we’ll be taking a deep dive into the results of the survey in our two-part webinar series starting at 10:00 ET on January 14th, and we encourage all US-focused operators and regulators to join us.”

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