Applying the Same Growth Pattern for the Rest of 2023 However, in January 2023, casinos shattered the record by generating nearly $153 million in revenue. The highest total of 2022 was set in December when revenue for internet casinos accumulated to over $151 million. As shown in March, April, and May, casinos managed to generate over $20 million more per month, starting with a new record high in March 2023. The table above shows the revenue figures of the first seven months in 20, revealing the incredible growth pattern and showing that internet casinos generate over $12 million more per month in 2023. However, the figures in 2023 prove otherwise, as internet casinos set new records and will most likely break them in the winter months ahead. Many assumed the growth of 20 was due to the pandemic, during which land-based casinos in the state had to close their doors for multiple months. NJ internet casinos managed to generate more monthly revenue and show no signs of slowing down. How Monthly Revenue in 2023 Compares to 2022 The latest revenue data from the New Jersey Division of Gaming Enforcement also shows online sites generated $1.085 billion within the first seven months of 2023, an astonishing 14.2% higher than the same period of 2022. While the figure might not set a new record, it’s a massive 13.5% increase compared to the same month in 2022. The latest revenue figures for July 2023 reveal incredible growth as online casinos in NJ generate over $155 million. Internet casinos managed to shatter the $1 billion mark already in 2023, shattering the 2022 record, while monthly revenue figures continue to climb by more than 10%.

Nj online casino revenue