{"id":244,"date":"2024-06-26T00:37:59","date_gmt":"2024-06-25T21:37:59","guid":{"rendered":"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/26\/new-jersey-gambling-earnings-rise-despite-traditional-gambling-dip\/"},"modified":"2024-06-26T00:37:59","modified_gmt":"2024-06-25T21:37:59","slug":"new-jersey-gambling-earnings-rise-despite-traditional-gambling-dip","status":"publish","type":"post","link":"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/26\/new-jersey-gambling-earnings-rise-despite-traditional-gambling-dip\/","title":{"rendered":"New Jersey Gambling Earnings Rise Despite Traditional Gambling Dip"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/uwfODJPn6dU\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Garden State&#8217;s gambling earnings in April climbed, even though traditional gambling saw a dip.<\/p>\n<p>New Jersey&#8217;s gambling profits in April rose 10.4% year-over-year to $510.9 million (\u00a3403.7 million\/\u20ac470.6 million), hitting a total of $510.9 million (\u00a3403.7 million\/\u20ac470.6 million). This growth was driven by the increase in internet gambling and sports betting, which counterbalanced the decline.<\/p>\n<p>The total earnings were considerably higher than the $462.7 million recorded in April of the previous year. However, the figure was 3.0% lower than the $526.6 million reported by New Jersey in March.<\/p>\n<p>Starting with brick-and-mortar casinos, this remains the primary source of gambling revenue in the Garden State. However, the $216.8 million generated in April was down 6.3% from the same period last year.<\/p>\n<p>Physical slot machine income decreased by 6.4% to $158.8 million, while land-based table game revenue also fell by 6.1% to $58.1 million.<\/p>\n<p>New Jersey online gambling continues to thrive<br \/>\nLooking at the online gambling sector, the story is quite different. Revenue from all online gambling in April reached $187.9 million, up 18.2% year-over-year. This means that online gambling in April was only $28.9 million less than the historically established land-based gambling sector.<\/p>\n<p>Of all online gambling revenue, $185.6 million was attributed to online slot machine games, with revenue in this area growing by 18.5% to $185.6 million. However, revenue from peer-to-peer poker fell by 0.5% to $2.3 million.<\/p>\n<p>As for individual operators, Golden Nugget jumped from third to first place in New Jersey in April. <\/p>\n<p>Digital wagering earnings surged by 27.5% in April, hitting $53.1 million.<\/p>\n<p>Resorts Digital came in second with $47.5 million in earnings, a 13.9% increase year-on-year. Borgata was third with $44.1 million in earnings, up 2.2%, after topping the list in March.<\/p>\n<p>Sports betting earnings nearly doubled to $106.2 million, a 46.9% year-on-year increase. This represents a 74.1% jump from the $61 million recorded in March.<\/p>\n<p>The rise in earnings was fueled by a surge in wagering, which reached $1.044 billion in April, a 12.6% year-on-year increase. Online sports betting players spent $1.01 billion, while retail sports betting generated $34.7 million.<\/p>\n<p>Meadowlands remains the top player in the New Jersey sports betting market with $73.2 million in earnings, a 92.2% increase from 2023. Meadowlands partners with FanDuel, which is owned by Flutter Entertainment.<\/p>\n<p>Resorts Digital and its partner DraftKings came in second with $18.9 million in earnings, down 6.6%. Borgata and BetMGM were third with $5.2 million in earnings, down 21.6%.<\/p>\n<p>New Jersey gambling earnings have surpassed $2 billion in four months.<\/p>\n<p>Total gambling earnings in New Jersey reached $2.06 billion in the four months ending in April, a 14.4% increase from the same period last year.<\/p>\n<p>Traditional gambling earnings fell 1.6% to $872.9 million, with both slot machines and table games experiencing declines.<\/p>\n<p>Digital gambling earnings rose 21.1% to $750.7 million, driven by a 21.5% increase in slot machine earnings to $741.3 million. In contrast, peer-to-peer poker earnings fell 3.7% to $9.4 million. <\/p>\n<p>Regarding sports wagering, a total of $434.2 million in income was produced over a four-month span. This signifies a 48.6% surge in comparison to $292.3 million in 2023, with bettors placing a total of $5.17 billion during this timeframe.<\/p>\n<p>Sign up for the iGaming news bulletin. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Garden State&#8217;s gambling earnings in April climbed, even though traditional gambling saw a dip. New Jersey&#8217;s gambling profits in April rose 10.4% year-over-year to $510.9 million (\u00a3403.7 million\/\u20ac470.6 million), hitting a total of $510.9 million (\u00a3403.7 million\/\u20ac470.6 million). This growth was driven by the increase in internet gambling and sports betting, which counterbalanced the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NJ Gambling Wins Big in April Despite Traditional Dip<\/title>\n<meta name=\"description\" content=\"New Jersey\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/26\/new-jersey-gambling-earnings-rise-despite-traditional-gambling-dip\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"New Jersey Gambling Earnings Rise Despite Traditional Gambling Dip\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"New Jersey\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/26\/new-jersey-gambling-earnings-rise-despite-traditional-gambling-dip\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Indulge in the Most Exciting Casino Games Online | Licensed\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-25T21:37:59+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/26\/new-jersey-gambling-earnings-rise-despite-traditional-gambling-dip\/\",\"url\":\"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/26\/new-jersey-gambling-earnings-rise-despite-traditional-gambling-dip\/\",\"name\":\"NJ Gambling Wins Big in April Despite Traditional Dip\",\"isPartOf\":{\"@id\":\"https:\/\/abigcandycasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-25T21:37:59+00:00\",\"dateModified\":\"2024-06-25T21:37:59+00:00\",\"author\":{\"@id\":\"https:\/\/abigcandycasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"New Jersey\",\"breadcrumb\":{\"@id\":\"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/26\/new-jersey-gambling-earnings-rise-despite-traditional-gambling-dip\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/26\/new-jersey-gambling-earnings-rise-despite-traditional-gambling-dip\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/26\/new-jersey-gambling-earnings-rise-despite-traditional-gambling-dip\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/abigcandycasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New Jersey Gambling Earnings Rise Despite Traditional Gambling Dip\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/abigcandycasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/abigcandycasinonodepositbonus.icu\/\",\"name\":\"Indulge in the Most Exciting Casino Games Online | Licensed\",\"description\":\"Indulge in the best of licensed online gambling through our comprehensive news, detailed game reviews, and informative insights. 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