October 16, 2017 | Number of The Day
Consecutive months NJ’s online casinos have exceeded $20 million in revenue

The state’s regulated online casinos combined to generate $20.4 million in September, according to the New Jersey Monthly Internet Gross Revenue Report, released last week by the state’s Division of Gaming Enforcement.

That’s the seventh straight month revenue crossed the $20-million mark.

““Online gambling now accounts for some 10 percent of all casino revenue generated by Atlantic City casinos,” said Steve Ruddock, lead analyst for PlayNJ.com a promotional site for New Jersey’s gaming industry.

The September total is down slightly from the $21.3 million generated in August, but up 26 percent from $16.2 million in September 2016. Online casinos generated $657,799 per day during the 31 days in September, compared with $709,296 per day during the 30 days in August.

New Jersey’s online casinos have generated $183.7 million in gross revenue through September 31, putting the industry on pace to reach a quarter of a billion dollars in gross revenue for the year. That would shatter the $196.7 million that the industry generated in 2016.