New Jersey Online Casino Revenue Surpasses $100m

A general view of Resorts, Hard Rock, Showboat, and Ocean Casino in Atlantic City, New Jersey. Mark Makela/Getty Images/AFP

Online casinos in New Jersey smashed through the $100 million revenue barrier once again in November.

The state’s online casinos held $118 million in gross gaming revenue for the month, which is the fourth highest tally so far. The record came in October when they earned $127 million, followed by $122.6 million held in September.

The performance in November did not quite scale those heights, as it was dented by a record-breaking jackpot win.

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Slots Player Lands $3.5m Jackpot

A Garden State player identified as Dori B secured a $3.5 million payout on progressive slot MGM Grand Millions towards the end of November. It was the largest jackpot win in the history of the US online gambling industry.

MGM Grand Millions is a 5-reel slot with 243 ways to win in the main game and 1,024 ways to win after the Bonus Spins feature is triggered. It is exclusive to BetMGM.

It has paid out a few seven-figure jackpots, and Dori B’s win beat the previous record of $3.2 million set at BetMGM in 2020.

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“I saw the Colossal Jackpot prize grow past $3.5 million and started playing MGM Grand Millions slot game because I just knew it had to hit soon,” said Dori B in a statement. “I thought, ‘someone is going to hit it, maybe it could be me’.

“On the night I won, all it took was a $10 spin. One second later, I became a millionaire – thanks to BetMGM – and my life has changed forever. I’m a program manager so I see things in phases. My next phase – filled with family vacations and volunteer work – starts now.”

BetMGM Vice President of Gaming Matthew Sunderland added: “Congratulations to Dori on her record-breaking win. We’re thrilled to offer our players life-changing prizes of this size through our exclusive jackpot network and cannot wait to continue setting records throughout the U.S.”

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BetMGM-Borgata Holds Onto Number One Spot

That record-breaking payout dented BetMGM’s performance, but it remained the market leader in New Jersey during November. The Borgata online gaming license – which hosts sister sites BetMGM and Borgata Casino – claimed $33.7 million in gross gaming revenue in November.

BetMGM and Borgata are identical, although they offer different bonuses. They provide a huge array of online slots and table games, including a variety of exclusives and lots of jackpot titles.

That $33.7 million in gross gaming represented a 44% year-on-year increase, and it was enough to hold onto top spot. Golden Nugget Online Gaming, which hosts Golden Nugget, SugarHouse, FanDuel and Betway online casinos, was a close second with $31.8 million.

DraftKings has had a bid approved to buy Golden Nugget Online Gaming. Resorts Digital, which hosts DraftKings Casino along with its eponymous online casino and one other skin, was third in November with $27.9 million.

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After that, there is a considerable drop to number four, where Caesars Interactive earned revenue of $9.8 million.

In November, online casino revenue was $115.8 million and online poker revenue reached $2.2 million. Operators paid $17.7 million in state tax and almost $3 million in local tax.

In total, New Jersey’s online casino sector has brought in $1.2 billion in revenue throughout 2021, which is an increase of more than 40% on last year. Since the industry began in 2013, it has earned revenue of more than $3.7 billion, but the pace of growth has really accelerated over the past year thanks to an influx of new operators.