Photo credits: ciobulletin.com
BC.Game

The online gambling industry in New Jersey is moving forward with high revenue figures. In July, a gross revenue of $87.49m was registered from online casinos.

Borgata Casino and Hard Rock Casino were the only two who registered lower revenue than June and Ocean Resort Casino had the highest percentage increase when comparing July 2020 revenue to July 2019 revenue.

Even though the year 2020 is just over halfway through, the online casino GGR is predicted to be around $1.4bn, almost triple the gross revenue registered for the whole year of 2019. This is only possible if the online casino industry continues at the same pace.

The recent circumstances including the closure of all land-based casinos across the country had a significant impact on the recent surge registered by online casinos. It should be noted that whilst NJ online casinos are registering an increase, NJ Poker sites have registered a decrease in revenue for the past two months.

Previous articleKonami’s “All Aboard” Shows Spectacular Launch Results
Next articleESPN and Caesars Launch New Studio at The LINQ in Las Vegas
Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

LEAVE A REPLY

Please enter your comment!
Please enter your name here