New Jersey's Legal Online Casinos Surpass $700 Million

ATLANTIC CITY, N.J., Dec. 22, 2017 /PRNewswire-iReach/ -- Okay, so it didn't happen in the first year as many expected but it did happen... New Jersey's legal online casinos surpassed $700 million in lifetime gross gaming revenue through November 2017. And with total account registrations in November up 41% over last November we can expect more growth to come, according to analysts from Bonus Seeker.

"Not only will we see the market continue to grow in terms of revenue, possibility hitting the $1 Billion mark by the end of 2018, but also see new online casinos enter the space which could help incrementally boost revenues far beyond that,"  said BonusSeeker.com Casino Editor, Anirudh Vashishth. "There's potential for exponential growth in 2018 with Hard Rock due to enter the market and the possibility of online sports betting becoming legalized."

The New Jersey regulated online casinos generated $20.6 million in November, up only $42,591 from October and up 20% year over year.

November by numbers (in $ millions):

Casino

Golden Nugget         $6.19

Resorts                      $2.83

Borgata                      $3.69

Caesars                     $2.82

Tropicana                   $3.26

Total                   $18.80

Poker

Golden Nugget         $0

Resorts                      $.69

Borgata                      $.58

Caesars                     $.54

Tropicana                   $0

Total                   $1.81

Combined

Golden Nugget         $6.19

Resorts                      $3.53

Borgata                      $4.27

Caesars                     $3.36

Tropicana                   $3.26

Total                   $20.61

For more information, visit https://www.bonusseeker.com

About BonusSeeker:
BonusSeeker is a leading source for iGaming news, online games, and online-casino promotions in the U.S. regulated online gaming markets.

Media Contact:Anirudh Vashishth, Convia Media, 2343033970, Advertise@bonusseeker.com

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SOURCE BonusSeeker