Gambling in the USA
NJ Online Gambling Revenues Decline Month over Month to $45 Million in June, Due to Less Sporting Activity
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
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Gambling in the USA
Games Global Launches Custom Slot Game Caesars Palace Frenzy with Caesars Digital
Launch marks the first bespoke game launch in the partnership between gaming operator and premier gaming provider
Games Global today announced the exclusive launch of Caesars Palace Frenzy, a Caesars-branded slot title that marks the first bespoke game launch on behalf of Games Global’s partnership with premier gaming operator Caesars Digital. Caesars Palace Frenzy is now exclusively live on Caesars Palace Online Casino in New Jersey with plans to expand to Michigan and Pennsylvania, offering players another highly engaging, operator-specific gaming experience with iconic Caesars Palace branding.
Caesars Palace Frenzy combines the excitement of the Las Vegas Strip’s iconic casino with innovative gaming dynamics crafted by Games Global. Designed exclusively for Caesars Digital online casino players, this game delivers an online slot experience with engaging gameplay, sophisticated graphics and dynamic features like scatter pays, multiplied free spins selected by a concentric wheel and a seven-tier jackpot line-up.
This launch demonstrates Games Global’s continued emphasis on partnering with top iGaming operators to deliver exclusive and custom gaming products to players.
“Working closely with Caesars Digital to create Caesars Palace Frenzy has been an exciting journey,” the Chief Executive Officer for Games Global, Walter Bugno, said. “This game is more than just an online slot experience, it is an adventure that mirrors the thrill and grandeur of one of the world’s most iconic destinations. We’re thrilled to see it come to life and deliver a unique blend of entertainment and gaming.”
“We’re committed to collaborating with top gaming providers to launch custom online casino experiences for our players that can’t be found anywhere else,” the Senior Vice-President and Chief iGaming Officer for Caesars Digital, Matt Sunderland, said. “Caesars Palace Frenzy delivers on that commitment by providing an elevated gaming experience that we’re certain our players will enjoy.”
Gambling in the USA
Alabama-Coushatta Tribe of Texas Announces Plans to Build New Casino Resort
The Alabama-Coushatta Tribe of Texas has announced the plans to build a brand-new casino resort on its Tribal lands in Polk County.
“We are incredibly excited to embark on this new chapter. This new casino resort will not only provide significant economic benefits for those living and working in the region, but it will also become a vibrant destination for visitors,” Ricky Sylestine, Chairman of the Tribal Council, said.
While specific details are still being finalized, the new resort may offer a variety of amenities including a state-of-the-art casino floor, hotel accommodations, and diverse dining and entertainment options.
The Tribe has engaged the architectural firm FFKR to design the new resort. FFKR is known for its innovative and creative designs. The Tribe is confident the firm will create a truly exceptional destination.
In addition to the new casino resort, the Tribe is planning an extensive remodel to its existing Ischoopa/One Stop Convenience Store and Truck Stop. The remodel will include adding electronic bingo machines.
The Alabama-Coushatta Tribe of Texas will be releasing news related to the new resort and any additional developments in the coming months.
Gambling in the USA
BetConstruct to Display Its Products and Services at Sigma Americas
BetConstruct, a leading company in iGaming technology and services, is heading to Sigma Americas in Sao Paulo, Brazil from April 23-25, 2024.
Sigma Americas is a major event focusing on iGaming with 10,000 delegations and more than 200 professional speakers. This event serves as an exceptional platform for participants to present their innovative offerings, engage with fellow industry leaders, and establish new business relationships.
BetConstruct is poised to introduce its cutting-edge products and solutions to the growing Brazilian market at the upcoming event. As a premier provider of online iGaming solutions, the company will showcase its comprehensive range of services to all attendees, offering diverse solutions tailored to meet their specific needs and preferences.
Moreover, BetConstruct will demonstrate its newest Spettacolare offer by Mr. First, which is a fleeting opportunity to maximise user profits and explore the potential of FTN.
Attendees of the event can find BetConstruct in the Transamerica Expo Center at Stand O60, where they will have the opportunity to gain a comprehensive understanding of BetConstruct’s products and solutions.
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