In January 2024, total gaming income in New Jersey increased by 28% over the previous year.

In January 2024, New Jersey's overall gambling earnings went up by 28% compared to last year.

The state's Division of Gaming Enforcement released the figures, showing that casino earnings were down 3.1%, but internet gaming revenue rose by 19.9%, and sports betting earnings shot up by 136.1%.

New Jersey raked in $559.1m in gaming revenue for January 2024, marking a significant increase from the previous year.

 

[CR7]

The latest statistics from New Jersey's Division of Gaming Enforcement undoubtedly paint a fascinating picture of the state's gambling landscape in January 2024. The overall 28% increase in gaming revenue compared to the previous year is indeed significant, showcasing the industry's robust growth.

It is intriguing to note the breakdown of this figure, where casino earnings were slightly down by 3.1%. However, the substantial increase in internet gaming revenue by 19.9% and the remarkable surge in sports betting earnings by 136.1% more than compensated for this decrease. This underscores the evolving trends in the gambling sector, with online platforms and sports betting playing a pivotal role in driving revenue growth.

The total gaming revenue of $559.1 million for January 2024 showcases the resilience and dynamism of New Jersey's gambling market. Such a substantial increase not only reflects changing consumer preferences but also highlights the state's ability to adapt and capitalize on emerging opportunities within the gaming industry.

Overall, these figures signal a promising start to the year for New Jersey's gambling sector, setting a positive tone for future growth and innovation in the state's gaming landscape.