NJ Online Gambling - November 2019 Figures Updating

NJ Online Gambling - November 2019 Figures Updating

NJ Online Gambling laws are some of the gentlest in the US. Since February 2013, online casino rooms and poker are legal in New Jersey. The New Jersey Division of Gaming Enforcement states that a NJ Online Casino website must be opened through a partnership or owned by a physical casino.

NJ Online Gambling Rules and Regulations

Division of Gaming Enforcement monitors NJ online gambling websites. It makes sure that casino games are fair and casino owners, operators, vendors & employees are assuring good character, integrity, and honesty.

To gamble online for real money, a player must be 21 years or above. In addition, players should be physically located inside the state of NJ. However, the gambler does not require to be a resident of New Jersey to play. Not to mention, the players can register and deposit into the online casino account from anywhere in the world but can’t gamble until inside the state.

Latest Updates from NJ Online Gambling

New Jersey online gambling sites are still offering very generous welcome bonuses and promotions. And on top of that, gamblers now have even more games to explore and online sportsbooks to bet on.

Five years in, Golden Nugget still leads the industry with 600+ online casino games and with earning the highest revenue. Furthermore, the live dealer games are now available at more sites including Hard Rock, 888 Casino, DraftKings and PlaySugarHouse.

Currently, there are more than 25 sports betting options in the state of NJ. Which includes all legal NJ Online Sportsbooks such as:

At the present time, the entire NJ Online Casinos available are 23. Which also includes the Parx Casino, the online arm of Parx in Pennsylvania. Some of the major online casinos in NJ are: 

NJ Online Gambling - Sports Betting is still growing

NJ sports betting continues to grow, and it doesn’t look like it’s going to slow down anytime soon. Sports betting generates a lot of revenue for NJ online gambling. NJ online sportsbooks offer gamblers to wager on all major professional sports and leagues, including the NFL, NBA, NHL, Soccer, Tennis, and MLB.

Since launch, October 2019 was the strongest month with record revenue of $46.4m. With a drop of $13.5m, November brought home $32.9m in sports betting revenue. November’s revenue generated $7.4m in tax revenue. Even though with the revenue drop of 29.1% from the last month, the overall growth of the sports betting industry is growing rapidly. In particular, NJ online gambling – sports betting is benefitted significantly from the start of NFL season.

Since June 2018, the sports betting industry in NJ tally to more than $6bn in bets. In fact, NJ ports betting operators have grossed over $562.7 million in bets during November, represents a 15.3% increase from $487.9m in October 2019. And the other surprising thing is that about 86.5% of that figure refers to online sports betting. In simple words, the revenue of New Jersey’s online sports betting in November is $486.7m whereas, retail is $75.9m.

New Jersey Sports Betting has a handle of $1.19 Billion for months June – December in 2018. Whereas, the monthly handle of the year 2019 is as follows:

  • Jan.: $385 mil
  • Feb.: $320 
  • Mar.: $372.4
  • Apr.: $313
  • May: $318.9
  • Jun.: $273.2
  • Jul.: $251.3
  • Aug.: $293.5
  • Sep.: $445.5
  • Oct.: $487.9
  • Nov.: $562.6

Until now, according to the NJ DGE statistics, this year the sports fans have wagered a whopping amount of more than $5.2bn. The major contribution is spent online.

New Jersey is home to some of the biggest online sportsbooks in the US. This November, under the Meadowlands license, FanDuel and PointsBet sportsbooks generated $14.86m in revenue. This is nearly half of the state’s total revenue where most of the revenue comes from the FanDuel sportsbook. Whereas, under Resort’s license – DraftKings, FoxBet and Resorts’ own sportsbook generates the total revenue of $9.13m. With, DraftKings accounts for the lion’s share of that number.

Indeed, DraftKings and FanDuel account for nearly $24m of New Jersey’s sports betting revenue.  William Hill was third with $2.54m in revenue.

NJ Online Gambling - Casino is growing too

Breaking the previous record set in October, NJ Online Casinos and Poker websites have combined revenue of $49,137,906 in November. In fact, the revenue is more than 82% compared to last year’s revenue.

In particular, Standalone online casino revenue is $47.6m which is also a new all-time record. Indeed, it is 87.7% higher than last year’s revenue.

Golden Nugget, the market leader, continues to set the place for NJ online industry and earning a record revenue of $18.9m. Whereas, the second and third place goes to Resorts Casino and Borgata Casino with a revenue of $10.5m and $7.8m respectively. 

Meanwhile, Online Poker is struggling to sustain for several years now. For the month of November, the Online Poker revenue is $1.5m which is 5.98% less than last month’s revenue.

NJ Online Gambling - Jackpots

Divine Fortune Jackpot debuted in New Jersey in 2017. According to Rush Street, it has paid out more than $3 million on SugarHouse websites. NJ players have hit mega jackpots many times.

The most recent jackpot winner, a 62-year-old Canton, PA resident, who asked to only be identified as Cathy, had exhausted most of her life savings on medical treatments for her cancer-stricken grandson. In October, she hit the Divine Fortune jackpot for the third time in less than six months on NJ’s PlaySugarHouse site, winning around $140,000. Whereas, her combined jackpots tally nearly $300,000.

On October 22, a Pennsylvania woman had a life-changing pay-out of $376,893 for playing Divine Fortune for just 20 minutes at PlaySugarHouse.

By the way, on January 12, 2019, the Divine Fortune progressive slot has paid off the highest jackpot in the history of online gaming in New Jersey. We’re talking about $ 322,561 won at BorgataCasino NJ slot with a $4 wager. 

Furthermore, on February 12, 2019, an NJ woman hits the Divine Fortune progressive Mega Jackpot of $ 295,384 with a $4 bet on PlaySugarHouse.com NJ. In addition, on September 13, a New Jersey woman playing the same game on the SugarHouse NJ website won a jackpot of $192,949.

Click here to know more and to play for free at Divine Fortune Slot (NetEnt).