Gambling in the USA
PlayNJ.com: Retail, online sportsbooks gain with NCAA Tournament while online casinos enjoy March Madness of their own
New Jersey sportsbooks surged on the strength of March Madness, including the largest retail handle in more than two years, but fell well short of the first $1 billion wagering month in U.S. sports betting history, perhaps delaying the milestone at least until football season, according to PlayNJ, which analyzes and researches the state’s regulated online gaming and sports betting market. This while online casino gaming continued shatter records in March, setting a fresh high with more than $113 million in revenue.
“March represents a much-needed bounce back after a somewhat disappointing February,” said Dustin Gouker lead analyst for PlayNJ.com. “It will probably be until football season before the state gets that first $1 billion month, but New Jersey’s online market has made a habit of outperforming expectations. Longer term, though, New Jersey’s market faces serious challenges, most notably New York’s expected launch of online sports betting later this year.”
New Jersey’s sportsbooks accepted $859.6 million in wagers in March, according to official data released Friday. That is the state’s highest monthly handle in a month without football, and a sharp difference from the $181.9 million handle in March 2020, a month marred by pandemic-related shutdowns. It is also up 15.7% from the $743 million handle in February.
Including March’s handle, New Jersey has posted the eight highest-volume months in U.S. sports betting history.
March’s wagers produced $60.8 million in revenue. That is up 360.9% from $13.2 million in March 2020, and up 31.5% from $46.2 million February. March’s win resulted in $7.7 million in taxes for the state.
The leap forward in March was expected with the return of the NCAA Tournament, which was immensely popular in 2019 in New Jersey but was canceled in 2020. To that end, basketball accounted for $441.7 million of the state’s handle in March, up from $320.3 million in January and $325.8 million in February. With 51.4%, basketball accounted for the largest share of March’s handle of any sport by far.
Retail sportsbooks generated $79.5 million in bets, the highest volume for retail books since January 2019.
“The popularity of college basketball is what led to the resurgence of retail sportsbooks, good news for a segment that hasn’t seen much over the last year,” said Eric Ramsey, analyst for PlayNJ.com. “If New Jersey allowed betting on in-state college teams, the run by Rutgers could have given them an additional boost. Regardless, it was an excellent month for sportsbooks.”
Online betting accounts for 90.8%, or $780.1 million, of the state’s total handle in March. FanDuel Sportsbook/PointsBet topped the online market with $28.5 million in gross revenue, up from $24.9 million in February.
FanDuel was followed in revenue by:
Resorts Digital/DraftKings/Fox Bet ($14.1 million, up from $7.7 million in February)
BetMGM/Borgata ($6.5 million, up from $4.4 million)
Ocean Casino/William Hill ($2.8 million, up from $2 million)
Monmouth/William Hill/SugarHouse/TheScore ($2.2 million, down from $2.5 million)
Hard Rock/Bet365/Unibet ($1.4 million, up from $1 million)
Caesars Sportsbook/888sport ($721,776, up from $317,766)
Tropicana/William Hill ($142,633, up from $71,758)
Golden Nugget/BetAmerica ($111,453, up from -$37,143)
Meadowlands/FanDuel led all retail books with $2.8 million in revenue.
“New York’s decision to create a closed market was good news for operators who are heavily vested in New Jersey,” Gouker said. “By closing the market, the select few operators that will operate in New York will have to focus on profitability just to meet the state’s high revenue split. That will leave a window open for some operators to offer more competitive products and promote more aggressively than any operator in New York.”
Online casinos and poker
For all the attention paid to New Jersey’s sportsbooks, online casinos and poker remain the biggest winner in the state. Online casino games and poker generated a U.S. record $113.7 million in revenue, up 75.4% from $64.8 million in March 2020, which was the first month of a year-long expansion. March’s revenue topped the previous record of $103.8 million set in January.
Online casinos and poker generated a record $3.7 million per day over the 31 days in March, up from $3.4 million per day over 28 days in February. The result for the state was $17.1 million in taxes.
Revenue from online casinos was $111 million, up from $61.2 million in March 2020. Online poker produced $2.7 million, down from $3.6 million in March 2020.
For the first time in years Golden Nugget was not the market leader in March. Borgata generated a market record $36.2 million in revenue on online casino games and poker, up from $25.7 million in February. Golden Nugget generated $31.8 million in March revenue, up from $27.9 million in February.
“Borgata’s increasing focus on and success in the online market shows how the pandemic changed the dynamic for online casinos,” Ramsey said. “Even when we get past this pandemic, I don’t think gamblers will log into online casinos any less. Instead, this year-long surge points to a long-lasting market shift.
For more information and analysis on regulated sports betting and online gaming in New Jersey, visit PlayNJ.com/news.
Gambling in the USA
Snoqualmie Casino Announces Exciting Rebranding to Snoqualmie Casino & Hotel Ahead of Major Expansion
Snoqualmie Casino has announced its rebranding to Snoqualmie Casino & Hotel, reflecting an exciting new chapter in the venue’s history as it embarks on a much-anticipated expansion. Set for completion in mid-2025, this project promises to elevate the guest experience, making Snoqualmie Casino & Hotel a premier destination for entertainment, relaxation, and culinary excellence.
The cornerstone of the expansion is the construction of a luxurious hotel, which will offer guests unparalleled comfort and stunning views of the Snoqualmie Valley and Mount Si. With a focus on sustainability and modern design, the hotel will feature upscale accommodations, a full-service destination spa, and amenities that cater to both leisure and business travelers. Plus, there are architectural details inspired by Snoqualmie culture from a modern slant roof hotel design representing the original longhouses of the Snoqualmie Tribe’s ancestors to carefully chosen artwork placed throughout for guests to enjoy.
Snoqualmie Casino & Hotel’s destination spa will offer an immersive escape that blends relaxation with the healing power of nature. Nestled in the serene landscapes of the Pacific Northwest, the spa provides a range of rejuvenating treatments. Experience the perfect blend of wellness and nature where luxury, tradition and innovation come together for an incredibly transformative experience.
“It is my honor and privilege to announce that Snoqualmie Casino has now become Snoqualmie Casino and Hotel. Over the past three years, the Snoqualmie Tribe and Casino have been diligently working to bring a one-of-a-kind, world-class hotel to the Snoqualmie Valley,” said Interim CEO Mary Lou Patterson.
In addition, Snoqualmie Casino & Hotel will expand its gaming floor, introducing an array of new options to enhance the entertainment experience for guests. This expansion will include the latest slots, electronic and traditional table games, as well as a dedicated high-limit gaming area for discerning players seeking a more exclusive gaming experience.
One of the highlights of the expansion is the development of a state-of-the-art 2000-seat entertainment and convention center. This versatile venue will host a variety of events, from concerts to conferences, positioning Snoqualmie Casino & Hotel as a key player in the region’s entertainment landscape. With cutting-edge technology and a focus on guest comfort, the center will attract top-tier talent and events, making it a must-visit destination.
In addition to the award-winning Vista Prime Steaks & Seafood, 12 Moons, and Falls Buffet, a new sports bar and grill will be introduced to provide patrons with the ultimate game day experience. Other new dining options, set to open later, will showcase local ingredients and flavors, ensuring a memorable culinary experience for guests.
Snoqualmie Casino & Hotel recently launched a brand-new valet garage. The dual level indoor and outdoor structure, with 600 additional spaces, doubles the previous capacity for valet parking creating easier access into the casino. This is the first piece of new development at Snoqualmie Casino & Hotel that has opened for immediate use. The entire project anticipates creating numerous job opportunities for local residents, contributing to the economic growth of the Snoqualmie area.
Wind Creek Chicago Southland has announced that it will open to the public on November 11. The state-of-the-art casino represents the first step toward delivering a full-scale integrated resort experience, scheduled for completion in spring 2025.
Spanning an impressive 70,000 square feet, Wind Creek Chicago Southland features over 1400 slot machines, 56 table games, high-limit slot areas, a high-limit table games salon, a poker room, a dynamic sportsbook, and 4 “Hidden Gems” throughout the casino floor–offering visitors a unique and customizable private gaming and event microenvironment. Designed with an emphasis on curated entertainment spaces, this new offering aims to redefine leisure and hospitality for the entire region.
“The opening of Wind Creek Chicago Southland underscores our dedication to making a positive economic impact in the communities we serve. We’re committed to create opportunities that support the region, offer competitive benefits for Team Members, and further strengthen the vibrant Southland community,” said Jay Dorris, President and CEO of Wind Creek Hospitality.
Wind Creek Chicago Southland is expected to create more than 1000 full-time jobs in fields ranging from hospitality to technology. Roles will include security, gaming attendants, food service, IT technicians, and environmental services, reinforcing Wind Creek’s commitment to strengthening the local economy. Additionally, Homewood and East Hazel Crest will benefit from gambling revenue, along with 42 other south suburban communities—funding essential local services within the immediate and surrounding communities.
“Wind Creek Chicago Southland is more than a casino—it’s a community-driven destination. The Tribe and Wind Creek will continue to prioritize the Villages of Homewood and East Hazel Crest as we are committed to uplifting our neighbors,” said Stephanie Bryan, Tribal Chair and CEO, Poarch Creek Indians.
On Nov. 6th and Nov. 7th, the Illinois Gaming Board visited the casino for two mandatory test days, which also included an extended invitation to family friends and local dignitaries. Wind Creek Hospitality received notice of approval on Nov. 8th to operate on Monday, Nov. 11th at approximately 11:00 a.m.
The Nov. 11th opening marks only the beginning of what will become a flagship destination. High-limit gaming rooms, a hotel, spa, poker room, a sportsbook and more will be available for Guests seeking diverse experiences. Wind Creek’s partnership with Fabio Viviani Hospitality Group will also introduce an exceptional range of signature restaurants and food & beverage offerings to the highly anticipated property.
“Whether you’re looking for elevated dining, quick-service eateries, or something in between—you won’t be disappointed as we’re creating something truly unforgettable,” said Fabio Viviani.
“From the start, our mission has been to create jobs, spur economic growth, and offer the ultimate entertainment escape. We’re thrilled to welcome our Guests on Nov. 11th to experience the excitement firsthand,” said Roger Kuehn, EVP and General Manager of Wind Creek Chicago Southland.
Gambling in the USA
Spin Your Way to Political Fun in Slotland and WinADay’s Race for Office MegaMatrix Slot
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View a video version of this story
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