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NJ Online Casino Revenue Slips In June, But Theres No Cause For Concern

Legal & Licensed NJ Online Casinos Casinos Reviewed by Industry Experts Dedicated Conflict Resolution Team NJ Online Casino Revenue Slips In June, But There’s No Cause For Concern At some point, NJ online gambling revenues had to drop. It stands to reason, considering the New Jersey industry had never enjoyed such an extended stretch of success heading into June. For three straight months, revenue exceeded $23 million. The peak was March, during which online casinos banked a record  $25.6 million. Since then, however, there has been a dip. May dropped a touch, to $24.3 million, and according to the latest release by the NJ Division of Gaming Enforcement, online gambling in New Jersey fell below $23 million in June to snap that streak. Still, it was another strong month for the industry — another year-over-year boost overall — and several properties are reaping the rewards. Overall, the industry did drop from May. The DGE reported that NJ gambling sites accounted for $22,684,094 in June. While that could concern some, that total is still a 12 percent increase from this time last year. Online poker clocked in at $1,757,839, which, like overall revenue, is down from May’s total of $1,867,445 but is still a slight uptick (1.28 percent) from June 2017.

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