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.
Sports wagering revenue grew massively, rising 465.9% to $71.3m. $766.9m was wagered in total, with $683.0m wagered online and retail’s contribution was $83.9m. The return of live sporting events after most were postponed in 2020 played a part in the year-on-year growth.
MGM’s Borgata Casino was the best performer in the state overall, with its total gaming revenue (casino, online and sports wagering combined) reaching $97.8m. It had the highest casino and internet gaming revenue with $56.6m and $34.4m respectively.
Meadowlands Racetrack had the highest sports wagering revenue of $44.5m for June. Resorts Digital was a distant second with $13.0m, followed by Borgata with $6.9m.
In terms of the year to date, gaming revenue in New Jersey amounts to $2.1bn, which is 105.7% higher than this time last year.