{"id":6984,"date":"2024-04-18T05:59:57","date_gmt":"2024-04-18T05:59:57","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/04\/18\/new-jerseys-total-gaming-revenue-surges-by-8-1-in-march\/"},"modified":"2024-04-18T05:59:57","modified_gmt":"2024-04-18T05:59:57","slug":"new-jerseys-total-gaming-revenue-surges-by-8-1-in-march","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/04\/18\/new-jerseys-total-gaming-revenue-surges-by-8-1-in-march\/","title":{"rendered":"New Jersey\u2019s Total Gaming Revenue Surges by 8.1% in March"},"content":{"rendered":"<div>\n<p>The NJDGE, which oversees the gaming industry in New Jersey, has released positive data for March just like in <a href=\"https:\/\/igaming.org\/casino-news\/new-jersey-sees-surge-in-februarys-gaming-revenue\/\">February,<\/a> showing the overall gaming income from all categories\u2014including racetracks, casinos, and their affiliates\u2014grew for a second consecutive month.<\/p>\n<p>Gaming income had a considerable boost in March, totaling $526.6 million for the state\u2014a remarkable 8.1% increase in revenue over the previous year. The year-to-date numbers for 2024 show that gaming income has increased to $1.55 billion, a 15.7% increase over the same period the previous year. This rising trajectory is further supported by these data.<\/p>\n<h2><strong>Dominance of Casino Revenue<\/strong><\/h2>\n<p>Casino revenue remains a cornerstone of\u00a0New Jersey\u2019s gaming landscape, with March figures indicating a robust performance. The total casino revenue reached $239.8 million, representing a solid growth of 4.9%. Notably, both slot machine and table game revenue contributed to this upward trend.<\/p>\n<p>Despite overall growth in gaming revenue, sports wagering revenue experienced a slight dip of 3.6% in March, totaling $89.7 million. While this decline is marginal, it underscores the dynamic nature of the sports betting sector.<\/p>\n<p>Among the licensees offering sports wagering services, only six out of thirteen demonstrated revenue growth. One standout performer is Harrah\u2019s, which witnessed a staggering surge of 1156% in revenue, reaching $238,556.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow noopener\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>With income from online gaming hitting $197.2 million in March, a huge rise of 19% over the same month last year, it became apparent that this revenue source was important. With revenues of $562.8 million so far this year, up 22% from the same time in 2023, year-to-date numbers emphasize this growing trend even more.<\/p>\n<p>With $57.1 million in online gambling revenue, Golden Nugget became the clear leader. Tropicana, on the other hand, saw the fastest growth rate at 72.2%, reaching a total of $13.1 million.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/new-jerseys-total-gaming-revenue-surges-by-8-1\/\">New Jersey\u2019s Total Gaming Revenue Surges by 8.1% in March<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The NJDGE, which oversees the gaming industry in New Jersey, has released positive data for March just like in February, showing the overall gaming income from all categories\u2014including racetracks, casinos, and their affiliates\u2014grew for a second consecutive month. Gaming income had a considerable boost in March, totaling $526.6 million for the state\u2014a remarkable 8.1% increase [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-6984","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/6984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=6984"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/6984\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=6984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=6984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=6984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}