New Casinos January 2019
- New Casinos January 2019 2020
- New Casinos January 2019 Calendar Printable
- New Casinos January 2019 Calendar
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The New Jersey online gambling industry kicked off 2019 with a new revenue record.
The Division of Gaming Enforcement released the latest revenue reports on Wednesday afternoon, and online gambling (poker and casino games) revenue came in at an astounding$33,594,391 in January.
That easily bested the previous record of $29,008,265 set last month and represents a 53 percent year-over-year increase.
Online sports added another $15,529,274 to January’s online gambling tally.
Altogether, NJ online sports betting, casino and poker accounted for nearly $50 million of the $230 million generated by New Jersey’s casino operators. That works out to almost 22 percent of all gambling revenue generated through online channels.
Lofty 2019 projections are in reach
With a $33.6 million month under its belt and no signs of a slowdown on the horizon, the NJ online casino industry appears capable of eclipsing the lofty $400 million prediction made by Eilers & Krejcik Gaming.
Based on the early returns, sports betting will add another $150 million-$200 million to that tally, for a total online gambling haul of up to $600 million in New Jersey.
Top line numbers
Here are the top line numbers from the DGE’s latest monthly revenue reports.
Revenue by vertical:
- January 2019 online casino revenue: $31,711,501 (record)
- January 2019 online poker revenue: $1,882,890
- January 2019 online sports betting revenue: $15,529,274 (record)
Revenue totals:
New Casinos January 2019 2020
- January 2019 total online gambling revenue: $33,594,391 (record)
- January 2019 total online gambling revenue with sports: $49,123,665 (record)
Online casino key takeaway
NJ online casino revenue has experienced year-over-year growth every month since its inception. But since the launch of online sports betting that growth has been supercharged.
What’s spurring on this sudden spike?
Industry analyst Chris Grove speculates that sports betting is responsible for about 20 percent of online casino’s recent growth.
The two work really well together. Sports powering what I’d back-of-the-envelope as a 20% gain for casino. Some of that will wear off, but important to note that sports cross-sell has that impact despite only being live at ~half of state’s online casinos. https://t.co/RtsUtrI0HJ
— Chris Grove (@OPReport) February 13, 2019
It’s hard to argue that point after Resorts NJ online casino revenue jumped 88 percent in January, which happened to coincide with the top online sportsbook in NJ, DraftKings, launching casino games.
Online poker key takeaway
Online poker revenue dipped just three percent in January, which is sadly one of the vertical’s best months in quite some time. Hopefully, that’s an indication that the NJ online poker industry has found its floor and revenue will level off going forward.
Online sports betting key takeaway
With nearly 80 percent of all wagers placed online, it didn’t take long for online sports betting to become the preferred channel to place bets in New Jersey.
Because of its high variance, we’re treating online sports betting as a separate entity, and it won’t be included in the analysis below.
Growth trends
Here’s a look at the year-over-year changes:
- Online poker: -8.9 percent
- Online casino: +44.8 percent
- Total revenue: +39.8 percent
As seen in the chart below, the New Jersey online gambling industry has yet to experience a year-over-year decline in any month (this chart doesn’t include sports betting revenue).
Casino by casino analysis
Borgata knocked off its second place perch
- License holder: Borgata
- Brands and sub-brands: Borgata, Party, Pala, playMGM
Borgata hit $5 million in December 2018 but fell back a bit in January.
More worrisome for the top land-based casino in the market is the aforementioned sudden surge of Resorts, which skyrocketed to well over $6 million in January, largely due to the addition of NJ online casino games by DraftKings.
Golden Nugget is the unstoppable Juggernaut
- License holder: Golden Nugget
- Brands and sub-brands: Golden Nugget, Betfair, SugarHouse
What can be said about Golden Nugget that hasn’t already been said?
Golden Nugget posted the industry’s first $10 million month in December and decided just to skip the $11 million milestone and go straight to $12 million in January.
That’s even more impressive when you factor in Golden Nugget’s lack of an online sportsbook.
Tropicana posts a typical Tropicana month
- License holder: Tropicana
- Brands and sub-brands: Tropicana, Virgin
If Golden Nugget’s M.O. is growth, Tropicana’s is stagnancy.
The once prominent online casino has become a middling brand in the competitive market.
Resorts posts the best month by an operator not named Golden Nugget ever
- License holder: Resorts AC
- Brands and sub-brands: Resorts, Mohegan Sun, PokerStars NJ, DraftKings casino
Resorts’ January numbers are the first indication that someone can challenge Golden Nugget in the New Jersey online casino market.
DraftKings’ casino market share should continue to grow in the coming months as more games and titles are added to its catalog of casino products.
Caesars is on a hot streak
- License holder: Caesars
- Brands and sub-brands: 888, Caesars, Harrah’s, WSOP
Caesars has put together a string of solid months of late, but the casino giant’s performance in the New Jersey online casino space is still a bit underwhelming.
Hard Rock online casino continues to impress
- License holder: Hard Rock
- Brands and sub-brands: Hard Rock
The newest entry into the market continues to gobble up market share, as Hard Rock’s online casino tallied $1.6 million in January.
The emergence of DraftKings and Hard Rock, coupled with continued growth among the existing operators seems to signal the New Jersey market is nowhere near maturity.
Ocean Resort is struggling
- License holder: Ocean Resort Casino
- Brands and sub-brands: Ocean Resort
Like its previous incarnation, Ocean Resorts finds itself in dire straits. The property has struggled to gain land-based or online market share, and like Revel, which is possibly headed to bankruptcy court.
A historical look at iGaming revenue in NJ
Be sure to check our New Jersey iGaming revenue page for a detailed breakdown of online gambling revenue in the Garden State.
The Casino Gorilla is always looking out for the latest and greatest bonuses and promotions to put a little pep in the step of our readers. Today he has discovered some fantastic offers from some of the best online casinos around to start off 2019 in style. Read on to find out where you can nab some fantastic casino promotions for both new and existing players, but don’t hang around because they won’t be there forever.
Mr Green
Mr Green’s Casino is known for handing out plenty of bonuses to its loyal players. They kick off 2019 with an offer called the Rolling Jackpot which runs up until the end of January. All you have to do is to hit the blackjack tables and start playing, should you get four blackjacks in a row you will qualify to enter the draw for a delicious €5,000 – not a bad way to get the new year underway.
Live dealer casino fans are also in for a treat when they play with Mr Green. The ‘3 Day Live’ promo runs until January 27th and offers a €50 cash bonus once you have completed your third day of wagering at least €200 on the NetEnt LIVE Beyond Live table. What’s more, you can claim this bonus every week of January for a total of €200 in cash bonuses.
Mr Green really knows how to celebrate the New Year! The third January promo from this generous casino is the ‘Jurassic Free Spin’ which offers to double your free spin wins from entering their 8pm Reel Thrill tournaments. Place between 1st and 22nd in the tourney to win your share of 1,000 free spins, but don’t hang about because this promotion ends on January the 20th.
Online Casino | Bonus | Play Now |
---|---|---|
Mr Green | 100 % / £ 100 + 50 Free Spins |
Rizk
Up to the 11th of January Rizk are giving players the chance to win a holiday to Iceland. Enter the specially boosted Viking slot Rizk Races which take place every evening at 19.00 CET and 21.00 CET. The player with the highest amount of points from a single game will find themselves jetting off to Iceland. In total there is €36,000 in prize money so get spinning those reels to be in with a chance of sharing in the loot.
As always, players at Rizk get the chance to spin the Rizk Wheel of Fortune to win lots of great prizes including free spins and cash bonuses. The Rizk welcome bonus for 2019 offers up to €200 plus 50 free spins for new joiners. Any bonus of at least a tenner is matched by 100% up to the max of €200 and the 50 free spins are split between five NetEnt favourites.
Casumo
At the wacky world of Casumo Casino they are always offering new and innovative promotions to keep their existing players happy. In order to get people to visit their exotic land in the first place, a juicy welcome bonus is up for grabs. This gives new players:
- 200 free spins along with a fabulous €1,200 when they sign up.
- The bonus is split over the first five deposits, with the first deposit matched by 200%, the second and third by 50% and the fourth and fifth by 25%.
- The free spins are for Starburst and are released at a rate of 20 per day for ten days.
Dunder Casino
Dunder Casino have a very nice bonus offer to welcome new players in 2019. They are giving newbies:
- A bonus of up to 600 along with 200 free spins
- The bonus is spread over the first four deposits with the first matched by 100%, the second by 50% and the third and fourth by 25%.
- Those free spins are for the evergreen Starburst game and are released in blocks of 20 per day for ten consecutive days.
Sign up in January to take advantage of this very generous offer!
New Casinos January 2019 Calendar Printable
Betsson
When you sign up to get access to the 1,000+ games at Betsson, UK players will also be able to avail of a neat welcome bonus. In fact there is a choice of three different bonus options in 2019 for new players:
- You can deposit £25 to get 25 free spins on Starburst
- Deposit £100 for 100 cash spins
- Get 200 spins if your first deposit totals £200.
These are all cash spins which means that there is no wagering requirement and any winnings from them are yours to keep. You must simply make the appropriate deposit and play through the amount of your deposit once. With no wagering on those free spins new players can really make a quick profit if their luck is in on the Starburst slot.
All of the above offers are available at the beginning of 2019 and all of these casinos come highly recommended by the Casino Gorilla. Make sure to check in with the Gorilla every month to discover more of the biggest and best promotions at the worlds favorite online casinos.