Finance news: Gambling revenue in New Jersey surged to $559.1m in January, a 28.0% increase from the previous year. Land-based casinos continued to dominate the market, generating $205.0m in revenue.
Despite a slight decline in physical slots revenue, table games saw a 3.7% increase. In the online sector, igaming revenue hit a new record of $183.3m, with Golden Nugget leading the way.
Sports betting revenue also reached a record high of $170.8m, driven by a significant increase in player spend. New Jersey looks poised to break yearly records in 2024 based on the strong performance in January.
