{"id":8672,"date":"2025-02-18T05:52:41","date_gmt":"2025-02-18T05:52:41","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/02\/18\/new-jerseys-january-gaming-revenue-dips-slightly-reaches-553-9-million\/"},"modified":"2025-02-18T05:52:41","modified_gmt":"2025-02-18T05:52:41","slug":"new-jerseys-january-gaming-revenue-dips-slightly-reaches-553-9-million","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/02\/18\/new-jerseys-january-gaming-revenue-dips-slightly-reaches-553-9-million\/","title":{"rendered":"New Jersey\u2019s January Gaming Revenue Dips Slightly Reaches $553.9 Million"},"content":{"rendered":"<div>\n<p>According to January gaming income data issued by the <a href=\"https:\/\/igaming.org\/casino-news\/new-jersey-division-of-gaming-enforcement-proposes-expanded-regulatory-requirements\/\">New Jersey Division of Gaming Enforcement<\/a>, there was a little decrease from the same time previous year. At $553.9 million, the state\u2019s overall gaming revenue from racetracks, casinos, and internet platforms represented a 0.9% decrease from the previous year.<\/p>\n<p>Last month, $210.1 million in casino profits were made at New Jersey\u2019s nine casino resorts, a 2.6% increase over January 2024. Of that sum, $145.4 million came from <a href=\"https:\/\/igaming.org\/casino\/learn-how-to-play-slots\/\">slot<\/a> machines and $64.6 million from table games.<\/p>\n<p>The state\u2019s online gaming industry grew further, achieving a $221.6 million win, a 20.9% increase from the previous year.<\/p>\n<p data-start=\"838\" data-end=\"1138\">However, sports wagering revenue saw a notable decline. The state reported $122.2 million in sports betting revenue, which was 28.4% lower than January 2024. The majority of these wagers, $118.5 million, came from online betting, while retail sportsbooks generated $3.6 million.<\/p>\n<p data-start=\"1140\" data-end=\"1215\">Total gaming-related tax revenue reached $62.1 million for the month.<\/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\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"BetUS\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/BetUS.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\/betus\/\" title=\"BetUS\" target=\"_blank\" rel=\"nofollow\">BetUS<\/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><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of up to $2,500<\/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 &#038; Sports<\/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\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>Legislators Consider Decriminalizing Underage Gambling<\/h2>\n<p data-start=\"1283\" data-end=\"1602\">In addition to gaming revenue updates, New Jersey lawmakers are discussing changes to laws concerning underage gambling. According to an Associated Press report, legislators are considering a bill that would decriminalize gambling under 21, shifting penalties from criminal charges to civil fines.<\/p>\n<p data-start=\"1604\" data-end=\"1633\">Under the proposed changes:<\/p>\n<ul data-start=\"1634\" data-end=\"1812\">\n<li data-start=\"1634\" data-end=\"1694\">First-time offenses would result in a $500 fine.<\/li>\n<li data-start=\"1695\" data-end=\"1753\">Second violations would lead to a $1,000 fine.<\/li>\n<li data-start=\"1754\" data-end=\"1812\">Subsequent offenses would incur a $2,000 fine.<\/li>\n<\/ul>\n<p data-start=\"1814\" data-end=\"1952\">Revenue from these fines would fund compulsive gambling prevention, education, and treatment programs, as outlined in the AP report.<\/p>\n<p data-start=\"1954\" data-end=\"2124\">The proposal marks a shift in how the state approaches underage gambling, aiming to reduce criminal penalties while investing in responsible gaming initiatives.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/new-jerseys-january-gaming-revenue-dips-slightly-reaches-553-9-million\/\">New Jersey\u2019s January Gaming Revenue Dips Slightly Reaches $553.9 Million<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to January gaming income data issued by the New Jersey Division of Gaming Enforcement, there was a little decrease from the same time previous year. At $553.9 million, the state\u2019s overall gaming revenue from racetracks, casinos, and internet platforms represented a 0.9% decrease from the previous year. Last month, $210.1 million in casino profits [&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-8672","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\/8672","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=8672"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8672\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}