New Jersey records strongest monthly GGR
November marked one of the strongest months for iGaming in the US state of New Jersey, with gross gaming revenue (GGR) amounting to a record $171.5 million. This can be attributed to a surge in online slot and table game revenue caused by increased spending on at-home entertainment options, as a PaySafe report indicates.
The report also highlighted that inflation had not curbed the enthusiasm for sports betting, which may have been spilling over into the iGaming sector more widely. Year-on-year results showed a 17 percent increase compared to November 2022.
Online 바카라 games in pole position?
Golden Nugget Casino led the way with $50.1 million in GGR closely followed by Resorts with $47.2 million and Borgata Online with $37.9 million accrued to a total 17 percent increase on November 2022s figures.
The retail sector, which included land-based venues, only experienced nominal gains, however, with 바카라 revenue amounting to $214.9 million an ever so slight increase of 0.2 percent. Table games contracted 6.5 percent with slots making a sizeable jump in contract with a 3 percent jump to a total of $161 million.
Land and online-based coalition
Interestingly for the state of New Jersey, iGaming has successfully coexisted with the land-based sector, attracting a different audience while maintaining foot traffic at atlantic City 바카라s.
Analyst, Jane Bokunewicz has suggested a strong argument for the lasting appeal of in-person gaming alongside as opposed to instead of online 바카라 performance. According to Bokunewicz, this is often seen as a fear factor for regulating gambling land-based 바카라 resort industry is loath to move forward with iGaming.
Implications of the smoking ban
This success comes in the tarnished light of a hotly contested debate surrounding New Jersey 바카라s where workers and activists are demanding Atlantic City resorts finally fold an exemption of the states public smoking ban, which still allows 25 percent of 바카라 floors to allow indoor smoking.
In the context of the iGaming success in the state, land-based 바카라s are arguing that their profits would plummet further if a smoke ban were introduced because the winnings are not solely possessed by the 바카라 but the proceeds are shared with online games through third-party suppliers.
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