New Jersey reports record gambling revenue in June
| By Nosa Omoigui
The state of New Jersey recorded gaming revenue figures of $392.8m for June, representing a 302.7% increase on this time last year and the highest total for the dates in which monthly revenue reports are available, beginning at the start of 2010.
June’s revenue is ahead of the $364.0m recorded in July 2010 and is also a 4.9% increase on the $374.2m raised in May of this year. It came thanks to strong figures in all three verticals: land-based casino gaming, online gaming and sports betting.
Land-based casino revenue was a big contributing factor after New Jersey casinos were able open for the entire month this year, after closures in 2020. Casinos generated $214.5m, with $154.1m coming from slot machines and $60.4m coming from table games.
Internet gaming revenue was $107.1m, up by 26.1% from last year. Although the $2.2m which came from peer-to-peer games such as poker was on the decline (down 37.5%), other authorized games brought in $104.8m – 28.8% more than in 2020.