Gambling in the USA
New Jersey Gambling Revenue Continues to Rise
New Jersey’s love affair with gambling shows no sign of abating. June’s numbers show a year-on-year increase, with over $400 million made from wagers made both online and at brick and mortar establishments.
The increase in New Jersey betting revenue has been seen across the board, with a 15% upturn coming overall, with internet gaming increasing by 9% when compared to June 2021 and shows that interest in betting continues to be on an upward trajectory.
With online casino activity starting to become a lot more expansive across the United States in recent years, with new states passing legislation to legalize online gambling of varying types every month or so, it’s worth noting that New Jersey has a much richer history in this field.
The state has some of the least restrictive laws when it comes to online casinos and sports betting, with the former being legal since 2013 and the latter back in 2018. There will have been some who might have been concerned by the fact that New York legalized the market in their state in January, and this could have had an impact on neighboring regions, but that hasn’t really come to pass as yet.
Things have been a little sluggish in terms of the sports betting area; with year-on-year revenue being significantly down, the overall revenue for gambling rose to $401 million for June 2022.
That represents a 2.2% increase in comparison to June 2021 and shows that the overall market is moving in the right direction as the knock-on effects of the pandemic start to ease.
$133m of the revenue came from online casinos operating in New Jersey, and in-person gambling across the nine Atlantic City casinos was particularly high and showed that more and more customers are flocking to their old haunts.
The year-to-date revenue for New Jersey stands at $2.43 billion, and that’s 15.2% up on 2021.
The success across Atlantic City’s in-person casinos might be checked by possible strike action that its casino workers are considering. Rodney Mills, a houseman at the Tropicana, a union steward, has commented on the reasons behind such action;
“Gas is up. Groceries are up. Everything, you name it,”
“It costs you way more than it used to, and the wages that we are currently making are not sustainable.”
That aside, the gaming industry is looking very healthy right now, and the ongoing success in New Jersey, coupled with the stellar numbers posted in New York, has led to speculation that other big states may well follow the Empire State in completing the legalization of casino and sports betting activity.
The big three, California, Texas, and Florida, are all in the process of passing such laws that would open up massive markets across the country.
Sports betting in California will appear on the ballot in November; in Florida, sports betting was temporarily legal in 2021, but this was later overturned by a federal judge, and Texas State Senator Carol Alvarado has been fighting for more than a decade to bring the matter of legal casino activity to the people and moves in that direction appear to be gathering momentum.
Revo Casino and Social House in Conway, New Hampshire, has held its grand opening on Tuesday.
The Conway property is the latest addition to Revo’s growing presence in New Hampshire, joining locations in Dover, Lebanon, Manchester, and Keene.
Revo Casino and Social House’s new amenities include:
• Rebels: A bold dining experience with a full bar and great game-day energy. Revo’s signature restaurant serves up flavorful dishes like the Rebel Smash Burger, flatbread pizzas, and prime rib, making it the perfect spot to eat, drink and enjoy the action.
• Rebel Stage: Featuring live music every weekend.
• Revo Studio powered by iHeartMedia: An in-house broadcast center featuring live iHeart broadcasts. The studio also drives the Soundtrack of the Revolution, a curated music selection that sets the energy and vibe of the property.
Gaming Highlights: 75 thrilling casino machines, including Ultimate Fire Link Explosion, Huff N Even More Puff, and Devil’s Lock. Table games, including blackjack, roulette, and poker tables.
Speakers and guests at the event included Revo President Aaron Gomes, Executive Director of Mount Washington Valley Promotions Lisa DuFault, and the Mount Washington Valley Chamber of Commerce.
“It’s exciting to open Revo Casino and Social House and see the community’s enthusiasm for our gaming, entertainment and dining options. Beyond entertainment, Revo Casino and Social House will also support nonprofits across the Mount Washington Valley. We’re proud to be part of this community and contribute to its success,” said Gomes.
“This facility will make such an incredible difference for so many nonprofits in the Mount Washington Valley. The support that Revo Casino and Social House provides allows organizations like ours to better serve our communities and care for those in need. The impact is truly life changing,” said Lisa DuFault, Executive Director of Mount Washington Valley Promotions.
Spinomenal, the leading iGaming content provider, has made its US debut after launching an exciting collaboration with a leading operator in the state of New Jersey, and is anticipating many more valuable collaborations with top tier online casinos.
Following impressive growth rates, Spinomenal is making a major move into the New Jersey iGaming market, marking a key step in its global expansion. By entering this crucial U.S. region, Spinomenal will bring its innovative games to a new audience, strengthening its presence and leadership in the iGaming industry.
Spinomenal’s specially selected titles will be going live via Pariplay’s Fusion aggregation platform in the New Jersey market. Some of the outstanding titles being made available for NJ players are Demi Gods II, Majestic Wild Buffalo and Kitsune’s Scrolls.
This marks a major milestone in Spinomenal’s strategic expansion plan, as this debut establishes the company’s initial presence within the New Jersey market, with further growth anticipated across the US iGaming ecosystem. This move underscores Spinomenal’s commitment to expanding its global footprint and further solidifying its position as a leader in the online casino industry.
Lior Shvartz, CEO for Spinomenal commented: “After a decade of establishing and positioning Spinomenal as a leading provider in the iGaming industry, we have now taken a big leap and will provide our exciting content to the esteemed New Jersey audience. We are highly optimistic about entering this prominent market, following the process of obtaining approval from the DGE.”
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