NJ Online Poker And Casinos Reach Over $100M In January Revenue

  • New Jersey saw record-high numbers for online gambling in January.
  • More than $103.7 million was played at online casinos and online poker rooms.
  • New Jersey also saw an 88.4% increase year over year in gambling revenue.

TRENTON, N.J. – New Jersey has seen continued success in their online gambling arena, with record-breaking highs in gaming handle in January.

The growth comes from both online casinos as well as online poker rooms. COVID-19 shutting down multiple venues played a major role in the growth of online gambling in NJ.

Not only did New Jersey see an increase month-over-month from the December gaming numbers, but the Garden state saw 88.4% growth in USA online gambling year-over-year from January 2020.

New Jersey Sees Growth

Based on the official report released by the NJ Division of Gaming Enforcement, $103,771,312 was collected in revenue from online casinos in January 2021. This is the first time the state has managed to collect more than $100 million in a single month.

In December, NJ saw $99,450,065 in revenue from online gambling sites, making it two consecutive months the Garden state broke their own record in gaming revenue.

USA Online poker rooms got extremely popular in 2020 due to the COVID-19 lockdowns preventing many hardcore players from playing on location.

The itch was scratched by online operators, which may be a trend that continues as the state still suffers from the pandemic. A total of $2,744,291 in revenue was generated from online poker rooms in January.

USA online casinos accounted for a daily average of $3,347,462 in revenue in January. This was a 4.35% increase in revenue month over month. Online casinos made $101,027,021 total to begin the year.

Interestingly enough, the daily revenue has increased each month for the past six months with an average of 2.9% growth month-over-month.

Through taxes, the state collected a record-high $15,536,852, its third consecutive record-breaking tax revenue month. iGaming has been a major success in the Garden State.

The online gaming boom could continue in New Jersey. The state looks to be suffering from the pandemic at least through the summer, and the steady popularity of online gaming does not seem to be slowing down.

It would not be surprising if February is another record-breaking month for the Garden State.

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