Month after month as the New Jersey Division of Gaming Enforcement releases their revenue numbers for online casinos in New Jersey, one NJ online casino remains at the head of the class in gross revenue: Golden Nugget Online Casino.
With a strong conglomerate of NJ online casinos that join together to power Golden Nugget, it’s easy to see why Golden Nugget Online has dominated for so long now. May 2019’s revenue reports for NJ online casinos affirm that statement, as Golden Nugget once again has shown why they’re the most profitable online casino in New Jersey.
May 2019 Revenue Numbers Show Yet Another Strong Month For Golden Nugget Online
Golden Nugget Online had a strong showing in 2018, with a total close to $105 million in NJ online casino business alone. The pace that they’ve set so far in 2019 far surpasses that total, adding up to great news for the NJ online casino, and online casinos in New Jersey in general.
After a small dip in April 2019 compared to their record $14,227,820 in March 2019, Golden Nugget Online jumped back over the $14 million mark in revenue to continue their torrid pace in 2019. In fact, they nearly doubled the revenue of the second-place finisher, Resorts Online Casino, with Borgata Online Casino (and playMGM), Tropicana, and Caesars (888, Harrah’s) rounding out the top five for the month.
|Month/Year||Jan 2019||Feb 2019||Mar 2019||April 2019||May 2019||YTD Total|
|Golden Nugget Online Casino Gross Revenue||$12,185,043||$10,701,266||$14,227,820||$13,854,527||$14,078,208||$65,069,476|
That brings the year-to-date total revenue to $65,069,476 for the first five months of 2019, averaging a little over $13 million per month for the year so far. If they continue that pace, they could far surpass the $150 million mark in total revenue, which would be a record for online casinos in New Jersey.
Golden Nugget’s Bottom Line Aided By Many Top NJ Online Casino Operators
While Golden Nugget Online Casino is a strong brand with obvious market value, it’s not alone in its quest for domination of online casinos in New Jersey. Golden Nugget NJ also has many other websites that add to their bottom line for online gambling, rounding out their record gross revenue numbers.
Golden Nugget Online Casino
Golden Nugget is the main brand out of all the NJ online casinos, and the main reason why they’re at the top of the heap in that market. Golden Nugget is also looking to become one of the online casinos in Pennsylvania, and look for them to make a splash as online sports betting in PA begins to roll out.
SugarHouse Online Casino
Offering both an online casino in New Jersey as well as being one of their newer NJ online sportsbooks, SugarHouse Sportsbook has successfully maintained a spot in the crowded NJ online casinos market. It looks to continue that trend in the Keystone State as it crosses state lines to become one of the PA online casinos as well as offer online sports betting in Pennsylvania.
Betfair Online Casino
After acquiring FanDuel Sportsbook in 2018, Paddy Power Betfair has used that name to power both their NJ online sportsbook as well as their NJ online casinos app with a shared wallet that allows customers to use one wallet for both the FanDuel Sportsbook app as well as Betfair Online Casino.
While not being able to see just how much BetAmerica Casino has added to Golden Nugget Casino’s bottom line, the revenue continues to grow since BetAmerica has been added to the fold. BetAmerica is a major player in horse racing betting, and now is one of the many NJ online casinos that boost Golden Nugget Online’s total revenue.