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Online Sportsbetting Is Here, But iGaming Still The Big Dog In New Jersey

On August 23, Play SugarHouse launched its own online/mobile sportsbook, which made just over $100,000 during the final eight days of the reporting period. Borgata showed modest gains last month, taking in $4,215,649, a 16% Y/Y increase and around $200,000 short of its all-time high, which it achieved in July. PlayMGM, which operates a branded online casino under the Borgata license, opened up its own sportsbook just one day before Play SugarHouse, making just under $50,000 in the final days of the month. Tropicana took the third spot in terms of online gambling revenue with $3,593,979, a 6% Y/Y contraction. Resorts Casino , the umbrella site for PokerStars , Mohegan Sun and more recently, DraftKings Sportsbook , posted iGaming revenue of $3,376,052 last month, and impressive 25% gain over August 2017. DraftKings Sportsbook had a ton of success on the online front, racking up $2,970,331 in revenue, bringing the total for Resorts digital properties up to over $6.34 million.

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