New Jersey online gaming revenue continues to decline

Financial figures for November reveal an $800,000 drop to $8.7m – a steep fall from the $10.5m that was recorded in August.

Not only do the latest numbers continue the decline, they are also the lowest monthly figures posted in 2014.

Borgata continues to lead the New Jersey i-gaming market with monthly revenue of $3.37m, and has seen a major leap from 2013 figures of $401,162 for the same month.

Overall gaming win in the state has significantly decreased 10.3% to $202.5m, compared to $225.7m in 2013, and has fallen from $207.5m the previous month.

The yearly decline could be explained by the closure of four casinos in Atlantic City this year, with the Trump Taj Mahal set to become the fifth Atlantic City casino to shut.

Online gambling win for the year to date totals $112.1m, and total gaming win for the same period stands at $2.56bn, which is just over $1bn short of the total for the entire of 2013.

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David Cook

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David Cook served as an editor and writer for Gambling Insider from 2018 to 2020, where he played a central role in shaping the publication’s editorial direction. He oversaw the creation and implementation of the broader editorial strategy for Gambling Insider and its related publications, managing the production of 30 print magazines annually while also contributing to the management of GamblingInsider.com and a weekly digital newsletter.

During his tenure, David led the publication’s largest editorial team to date, guiding its expansion and ensuring consistent, high-quality output across all channels. He also hosted and helped launch the GI Huddle podcast, a project he was proud to bring from concept to reality.

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