New Jersey Online Casino Recap and Outlook

Analysts from DGS Media, which tracks New Jersey’s legal on-line gambling and casino industry on its website,, have released a brand new white paper that recaps an unparalleled year of development for the regulated New Jersey on-line gambling industry in 2017 and requires an in-depth look at what 2018 has in store for the burgeoning industry.

The white paper, titled “New Jersey Online Gambling 2017 Recap and 2018 Outlook: 5 Years, $1 billion,” highlights trends driving the industry’s development, including the proliferation of Reside Dealer games; the debut of new formats, such as Slingo, Scratchers, and Virtual Sports; a rather dramatic improve in the number of online slot terminals; numerous newer online casino operators hitting their stride, such as offerings from SugarHouse and MGM; and the spread of PayPal as a deposit and withdrawal option amongst much more operators.

The white paper also provides both “by the numbers” along with a competitive evaluation of New Jersey online casino licensees, such as Borgata (whose license also covers the PartyPoker, PlayMGM, Pala and Scores brands within New Jersey’s borders); Caesars (such as WSOP, 888 and Harrah’s); Golden Nugget (such as Betfair and SugarHouse); Resorts (such as Mohegan Sun and PokerStars); and Tropicana (such as Virgin-branded on-line casinos).

Important numbers

$245.6 million: The amount of income New Jersey online gambling websites generated in 2017, up 24.9% from $196.7 million in 2016.
30.1%: The percentage by which on-line casino revenue climbed year-on-year. Online poker revenue moved within the other direction, down eight.5%.
$43 million: The quantity of taxes state regulated iGaming sites paid to state coffers in 2017. Lifetime taxes paid exceeds $126.four million.
$772.4 million: Gross gaming revenue generated because the launch of NJ on-line gambling in November 2013.
10.7%: The percentage which we predict income will grow in 2018, resulting in annual GGR of $271.9 million.
$994.3 million: Base case prediction for just how much income the industry may have generated by the close of its fifth complete year (2018).
19.0%: Bull case for which we predict income will develop in 2018, resulting in annual GGR of $292.three million, and lifetime GGR of $1.01 billion.

The white paper estimates each bull and bear case revenues for both the state’s on-line gambling business and every operator.

Much more new brands, new formats, interstate poker liquidity and the possibility of the federal ban on sports betting, referred to as PASPA, becoming lifted round out the base case for the business as a whole.

Marketplace maturity, delays and operator neglect as operators turn their focus towards the state of Pennsylvania, which is taking actions to welcome the industry in 2018, are factors which could see the fast pace of growth start to slow.

The paper’s lead author, New Jersey-based Robert DellaFave, serves as Senior Analyst for DGS Media. DellaFave often contributes his evaluation of the regulated online gambling industry to numerous media outlets. His white papers have been cited by media outlets such as Yahoo Finance, ESPN, The Morning Call, and others. Analyst Ryan Ocello also contributed to the report.

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