New Jersey online casinos collected $165,7 million in March 2023, once again setting a new record-high. It represents the first month that online casinos managed to exceed the $160 million mark, beating the previous record by over $10 million.
To operate legally in New Jersey, all online casinos need to partner with one of the land-based casinos in Atlantic City. Therefore, monthly revenue reports combine the totals from all partnered casinos, revealing the total collected based on the land-based partnership.
Casinos and Partners Total Revenue in March 2023
In the table below we look at each of the groups and the revenue generated in February 2023 compared to March 2023. Unsurprisingly, the biggest brands show the highest growth totals, including Borgata, Golden Nugget, and Resorts.
The Borgata group commonly decorates the top of the list, collecting the most revenue as seen in the February figures below. However, in March, Resorts managed to see improvement of nearly $9 million, setting it nearly a million ahead of Borgata.
While Borgata managed to claim the second highest position, it’s certainly not far ahead of the impressive growth seen by Golden Nugget, collecting over $42 million in March. The total is over $6 million higher than that of February.
| Casino & Partners | Feb 2023 | March 2023 | Difference |
|---|---|---|---|
| Borgata | $39,736,855 | $43,912,679 | $4,175,824 |
| Golden Nugget | $36,541,825 | $42,709,332 | $6,167,507 |
| Resorts | $35,964,598 | $44,867,111 | $8,902,513 |
| Caesars | $8,309,315 | $8,427,026 | $117,711 |
| Tropicana | $6,686,218 | $7,615,894 | $929,676 |
| Bally’s | $5,939,768 | $6,742,392 | $802,624 |
| Hard Rock | $5,619,451 | $6,832,131 | $1,212,680 |
| Ocean | $3,794,936 | $4,605,260 | $810,324 |
The casino comparison table indicates remarkable growth for all the casino groups, of which the smallest comes from the Caesars partnerships, growing by just 1.4% with a difference of $117,711.
All the other casino partnerships show growth of at least $800,000, including Bally with the second lowest difference of $802,624, which might be small in comparison to other brands, but it represents a 13.5% increased compared to February 2023.
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