Golden Addition: Golden Nugget Makes It A Baker’s Dozen Of NJ Online Sportsbooks

The Golden Nugget online sportsbook joins a crowded market with a leading NJ online casino integrated app. The shared wallet is in just in time for Oscars.

Just in time for Oscars betting and March Madness bettingGolden Nugget joined the race of online sports betting.

That’s right. Golden Nugget’s online sportsbook is now live. The NJ sports betting platform is integrated with the NJ online casino.

Golden Nugget online sportsbook bypassed the big announcement in favor of a quieter launch. BetAmerica, which also operates under the Golden Nugget license, did the same on Feb. 2. SBTech powers both platforms, with Scientific Games assisting at the Golden Nugget.

Golden Nugget also has a permanent retail sportsbook at its Atlantic City casino.

For those keeping tabs, this brings the NJ online sportsbook total to 13.

Thomas Winter, SVP and general manager of Golden Nugget Online Gaming, commented in a press release:

“We are very pleased to bring sports betting to our online and mobile casino patrons. We have worked with our partners Scientific Games and SBTech to bring the best that an online casino and sportsbook can offer to New Jersey players. The website and apps look really nice, early feedback from patrons is extremely positive and we look forward to adding more innovative features to make the player’s experience even more exciting and rewarding in the coming months.”

No NBA betting but plenty of bets at Golden Nugget

Golden Nugget Sportsbook joins the market with a full slate of betting options. Traditional bets such as moneyline, over/under (total) and point spread bets are listed along with in-game betting.

The site also features SBTech’s “Match Tracker,” which highlights the current game in real time.

Here are the available sports at Golden Nugget:

  • Football
  • Basketball (other than NBA)
  • Ice hockey
  • Baseball
  • Soccer
  • Tennis
  • Boxing
  • Mixed martial arts
  • Golf
  • Motor racing
  • Cycling
  • Cricket
  • Rugby
  • Aussie rules football

One thing Golden Nugget sports betting customers will not find is odds on NBA games. This includes everything from point spreads to futures on who will win the NBA Finals.

The restriction is in place as a result of  Tilman Fertitta owning both the Golden Nugget and the NBA’s Houston Rockets.

NJ online casino + sportsbook = a strong combo

The advantage of adding the mobile online sportsbook to the previously existing casino app means customers have access to a shared wallet.

More importantly, the Golden Nugget has a well-established customer base.

Golden Nugget continues to be the top dog among Atlantic City casino operators in NJ online gambling.

In terms of online casino revenue, Golden Nugget once again claimed the top spot in January. The company earned $12,180,039 in January — a 66.9 percent increase from the previous period and a new record for NJ gambling sites.

Like the casino platform, which includes live dealer games, new sportsbook customers can take advantage of welcome offers. The current one is a $50 risk-free bet. 

And the Oscar goes to …

Speaking of the previously mentioned Oscars, the 91st Academy Awards are taking place Sunday night, and New Jersey is the only state where Oscars betting is legal.

Golden Nugget Sportsbook is one of a select few offering odds on more than just the six main categories (Best Picture, Best Director, Best Actor, Best Actress, Best Supporting Actor and Best Supporting Actress).

Resorts, PointsBet NJ and 888 Sportsbook along with the Golden Nugget Sportsbook have posted odds for all 24 categories, too. PlayMGM NJ Sportsbook has wagers available on 23 of the Oscars.

Like the other sportsbooks, Golden Nugget lists Roma as the clear favorite in the Best Picture category at -400. It means the bettor needs to bet $400 to win $100. Vice, on the other hand, is the biggest long shot at +10,000.

Best Original Song is one of the categories only a select group of sportsbooks are offering. “Shallow,” from A Star is Born, is a heavy favorite at -3,350. 

A full rundown on the Oscars odds can be found by clicking on the “Specials” icon at the Golden Nugget NJ sportsbook app.

Add the upcoming March Madness betting to the equation, and Golden Nugget Sportsbook is launching during a prime sports betting season.

Who’s next in NJ online sports betting?

Yes, NJ online sports betting is at 13 sites so far, but this is not the end. Sports betting fans can expect a few more to launch in 2019.

Just before the 2019 Super Bowl, Hard Rock, Resorts and BetAmerica joined the market.

Meadowlands Racetrack announced a partnership agreement with CG Technology, but the Nevada-based company still needs to be approved for a license by the NJ Division of Gaming Enforcement.

Bet365 plans to launch in 2019 as well, and Kindred (Unibet) will be joining the market at some point this year, too. Both use the Hard Rock license to operate in NJ.

Bottom line: We are not done yet, New Jersey.

NJ Online Gambling Revenue Shatters $30 Million Mark For First Time In January

New Jersey online casino revenue continues to set records. In January, the market hit more than $30 million, a first in the NJ online gambling industry.

January may be considered one of the slower months for Atlantic City land-based casinos, but NJ online gambling revenue continues to set records.

The newest one comes to the tune of more than $30 million — a first in the NJ online casino industry.

NJ online casino operators didn’t just crack the $30 million mark; they shattered it with a reported $33,594,391 — the highest figure since the industry’s 2013 launch.

But this isn’t the only standout number.

Figures released by the New Jersey Division of Gaming Enforcement on Wednesday show an increase of 53 percent from the prior period. The highlights include four operators reporting double-digit gains.

Golden Nugget is the winner … again

Golden Nugget once again led the field of NJ online casino operators with an eye-catching $12,180,039 in revenue.

What makes this number stand out is the fact that it marks a 66.9 percent increase from the previous month. And this number is almost double the amount generated by its next closest competitor (Resorts Digital with $6,446,599). 

Resorts did not have a bad month either, as its total signifies a 65.8 percent increase from the prior period.

NJ online gambling solid across the board

While several Atlantic City land-based casinos reported a loss in January (traditionally a slower month due to the weather), Internet casino revenue showed positive returns.

Here is a breakdown of all the other online gambling licensees:

Online Casino Licensee2019 Jan. Revenue2018 Jan. Revenue% Change
Borgata$4,742,496$4,153,53314.2%
Caesars$4,575,663$3,352,11636.5%
Golden Nugget$12,180,039$7,299,81566.9%
Hard Rock$1,623,107----
Ocean Resort$530,816----
Resorts$6,446,599$3,887,34565.8%
Tropicana$3,495,671$3,269,5306.9%

Hard Rock, for its part, enjoyed its best month to date with $1,623,107.

Ocean Resort, which is in the process of an ownership change, continues to struggle with building its NJ gambling site brand.

The company, once again, finished last in the online gambling department with just $530,816.

Golden Nugget remains golden

The story of the Golden Nugget is an intriguing one.

Looking at the property’s overall revenue, and the online numbers boost what is a so-so performance on the casino floor.

The Marina District property, located walking distance from the much larger Borgata and Harrah’s, made just $14,582,780 — a 9.6 percent decrease from the previous period.

But once the online gaming revenue is factored in, the property’s overall revenue increased by 14.3 percent.

And then there’s DraftKings Casino

DraftKings continues to top the NJ sports betting field along with FanDuel.

Sports betting numbers, also released on Wednesday, show that the Boston-based company and land-based partner for Resorts generated $7,136,619 in sports betting revenue to claim the top overall position.

But there is an interesting twist to its story.

Back in December, DraftKings started offering blackjack on its mobile sportsbook app. Additional games continue to be rolled out on a monthly basis and now includes live dealer games.

While the latest games don’t factor into January revenue numbers, DraftKings is making another large financial footprint on the NJ online gambling market.

More of Atlantic City’s January revenue notes

The DGE report notes the total casino win from the industry was $177.3 million, excluding online.

When compared to the same period in 2018 ($162.4 million), it reflects a 9.2 percent increase.

This time last year, Hard Rock and Ocean were still closed. Sports betting, both retail and online, also were just a dream.

Combine all the numbers, and the industry’s total gaming revenue for the month equates to $220.6 million — reflecting a 19.7 percent increase.

New Jersey Online Gambling Wraps Up 2018 On A Record-High Note

Its fifth year of operations in the books, NJ online casinos hit $29 million in revenue for December 2018, with Golden Nugget having its first $10M month.

For the third straight month, online casinos in New Jersey set an industry record for overall gross revenue.

And NJ online gambling ended 2018 with an exclamation point.

Five of seven license holders enjoyed upticks in monthly revenue from online casinos in December.

As a result, and led by a jaw-dropping $10 million month by Golden Nugget, online gambling in the Garden State generated just over $29 million in revenue.

For perspective, no other month in the five-year history of online gaming in New Jersey eclipsed $27 million. Until now.

No holding back Golden Nugget

What would a New Jersey online gambling revenue report be without Golden Nugget?

Even without the casino setting records?

It was only October when Golden Nugget reached $9.6 million, then an industry record, leading some to wonder not IF the casino would reach $10 million but HOW SOON.

It turns out, within two months.

The industry powerhouse enjoyed a $970,000 jump month-to-month, the largest leap among NJ operators in December. Such an increase allowed Golden Nugget to finally break through the $10 million barrier.

If that wasn’t impressive enough, the online casino’s $10,178,563 last month reflected a 67.2 percent year-over-year increase.

Golden Nugget, though, was not the only one to end the year on a positive note.

NJ online gambling operators climbing

During the last year, only Golden Nugget posted a bigger revenue jump than Resorts Atlantic City.

With $4,353,648 in December, though only fourth-most among license holders, Resorts reported a 36 percent increase from 2017. Additionally, only Golden Nugget enjoyed a bigger month-to-month boost than Resorts, which was $780,000 up from its November total.

Ahead of Resorts in December, both Borgata and Caesars upped their totals from the previous month, ending December at $5,052,051 and $4,440,510, respectively.

Tropicana reported a slight dip in December, going from $3.3 million in November to $3.2 million last month.

Hard Rock AC up, Ocean Resort down

No other online casino in New Jersey has followed the trend of Hard Rock Atlantic City since the platform launched in June.

While Hard Rock is not nearly in the same stratosphere as Golden Nugget — or even Borgata, Caesars, Resorts or Tropicana — the new kid on the block has reported increased revenues in each of the seven months it has been operational.

In December, Hard Rock turned in $1,322,747 in revenue. While only about $8,000 up from its November total, Hard Rock has watched its revenue steadily climb heading into 2019.

On the flip side, Ocean Resort Casino seems to have hit a speed bump or two.

Launched in July, the other of Atlantic City’s two new online casinos peaked at just over $1 million in October. Since, though, Ocean Resort has dropped off, to $731,887 in November and $478,717 last month.

Ocean Resort was the only other platform, along with Caesars, to have revenue decrease month-to-month, down more than $250,000 from November.

Online poker makes a year-end jump

Online casino games will grab most of the spotlight. But online poker in New Jersey should not be ignored.

While still below the average the market enjoyed for some four years heading into 2018, poker in December accounted for $1,764,562, reflecting a $202,923 upturn from November — the largest month-to-month growth of the calendar year.

Year-over-year, poker is still down 8.9 percent, but capping 2018 on a relatively strong month is uplifting.

Though it seems poker still cannot keep pace with the rapid growth of other online casino games.

NJ online gambling continuing to rise

With 2018 coming to a close, so, too, did a landmark year in New Jersey gaming.

As noted, NJ online casinos have continuously reached unprecedented heights. And the industry appears to still be on the rise.

Of course, NJ sports betting also kicked into gear last year. And in December, with $319.2 million in accepted wagers, the state eclipsed $1.2 billion in handle in just seven months of operations.

Looking Back: Top 5 New Jersey Online Casino Moments Of 2018

The New Jersey online gambling market looks different today than it did at the beginning of the year. Here is a look at some of the big headlines of 2018.

The New Jersey gambling market looks completely different today than it did at the beginning of the year.

Besides the launch of NJ sports betting, two new NJ gambling sites debuted. One thing is for sure — it has been a wild ride navigating the changing landscape.

Here’s a look back at the top five NJ online casino headlines for the year.

1. NJ online casinos generate record, after record, after record revenue

There is no bigger story in the NJ online casino landscape than the fact that Atlantic City casinos keep generating new entries in the record book.

With December’s story still being written, the industry set revenue records in six of the 11 months of the year:

  • January ($21,962,339)
  • February ($21,992,124)
  • March ($25,580,210)
  • July ($25,897,517)
  • October ($26,753,878)
  • November ($26,944,073)

Golden Nugget maintained its market-leading position throughout the year, earning more than Borgata (#2) and Caesars (#3) combined in most months.

Online casino gaming in the Garden State shows no sign of slowing down, either. Even in the months where records weren’t set, the revenue still hung around record territory.

The only dark spot on an otherwise sunny forecast is online poker. Online poker continued to post year-over-year declines for much of the year.

There was hope that once shared liquidity launched in May, that the trend would reverse. That hope was short-lived.

As a result, the revenue records are even more impressive when you consider that one of the products is not contributing its share. One thing is for sure … the outlook for NJ online casino gambling in 2019 is very, very bright.

2. Live dealer games spread like wildfire

Golden Nugget was the first AC casino to innovate its online casino product by introducing live dealer games.

It used that differentiation to its benefit for almost two years. In fact, many experts believe live dealer games takes credit for its dominance in the market.

Better late than never, this was the year more casinos finally came on board the live dealer games bandwagon. It began when Borgata added live dealer games to its portfolio in May.

Furthermore, by the end of the summer, eight online casinos were offering the exciting online casino gaming option:

And that is not all. European-based Evolution Gaming opened its live dealer game studio in August. Until then, Golden Nugget had the only studio in town.

No doubt the market needed the additional studio space after expanding from one or two online casinos with live dealer games to eight.

Neighboring Pennsylvania will be bringing more online casinos to the region. Some of those casinos also operate in New Jersey. Look for 2019 to be another year of innovation as online casinos grab for their portion of the market share.

3. Hard Rock and Ocean Resort launch online gambling

One of the biggest stories dominating the online gambling news, besides the legalization of New Jersey sports betting, is the opening of two new casinos.

Hard Rock Atlantic City and Ocean Resort Casino both opened their doors on June 28. What was somewhat unexpected at the time was the launch of their online casinos at virtually the same time.

There was so much focus on guitar smashing and ribbon cutting that the launch of Hard Rock Casino and Ocean Resort Casino almost slid under the radar.

There are more than a dozen NJ online gambling sites, and the new kids on the Boardwalk are getting a late start. Consequently, it is not surprising that both casinos remain at the bottom of the revenue leaderboard despite Hard Rock making an impressive revenue run.

The two online casinos will need to innovate and differentiate themselves from the market to gain some momentum. Look for Hard Rock and Ocean Resort to make a move in 2019 to chip away at the market leaders and increase their market share.

4. DraftKings Casino takes shape with blackjack

DraftKings has taken the NJ sports betting scene by storm. It is responsible for the lion’s share of the online sports betting revenue.

The company was once only known for its daily fantasy sports contests. These days, however, it is operating as a full-fledged gaming company.

DraftKings added blackjack to its NJ sportsbook app in what is likely to be the first of many online casino games to come.

In an interview with NJGamblingSites.com, a DraftKings spokesman shared the company’s excitement about its early performance exceeding all expectations.

In that interview, we took notice of the word “preview.” The company has plans to add more casino-style games. Specifically, “The type of games you expect to find” at an NJ online casino.

5. It’s Golden Nugget’s world

We’ve mentioned Golden Nugget’s dominance in NJ’s online casino market a few times already in this article. Their position as market leader is so noteworthy, though, that it deserves its own spot on the list.

Now, that the other casinos launched live dealer games, look for Golden Nugget to continue to innovate as the company heads into the new year.

Its management team has been heralded as forward-thinking and risk-taking — two qualities that you don’t often find in the otherwise very conservative online gaming market.

One way it plans to stay one step ahead of the rest is by expanding its reach. The AC casino applied to offer online casino games in neighboring PA. It wasn’t the only casino to do so, however. MGM, owner of Borgata Casino, also applied.

The other casinos are probably taking notice that the top two Atlantic City casinos are not content with the status quo. Undoubtedly, launching in the nascent PA online casino market will help Golden Nugget look at the NJ market with fresh eyes.

Can it translate its NJ success to PA?

It seems somewhat unlikely because of the stiff competition from local casinos. But one thing is for sure: Golden Nugget will continue to drive the NJ market. And more than likely PA casinos will be taking notice.

Looking ahead to 2019

Innovation seems to be a constant theme when looking back throughout the year. There is no reason to think that the theme of innovation won’t carry into the new year, as well.

There is still room for more revenue growth, and that is evident by the fact that AC casinos continue to set records.

With new NJ casinos and PA online casinos entering the regional market, Atlantic City casinos will have no choice but to innovate. It will be fun to watch the wild ride continue.

NJ Regulators Fine Caesars, Golden Nugget AC For Taking Illegal Sports Bets

Two Atlantic City Casinos took bets on New Jersey college football games, which are illegal under NJ sports betting law, and were fined accordingly.

The New Jersey Division of Gaming Enforcement (DGE) has fined two Atlantic City casinos for accepting illegal sports betting wagers.

According to records released by the DGE, Caesars Entertainment and Golden Nugget were both caught in September taking bets related to New Jersey college football games.

The DGE complaints were filed in November and fines were levied in December.

The two cases are the first known fines related to illegal wagers handed out by the DGE since NJ sports betting went live in June.

Illegal bets at Golden Nugget and Caesars

On Sept. 10, 2018, Caesars accepted illegal wagers on a Rutgers Scarlett Knights college football game versus the Kansas Jayhawks.

According to the DGE report, Caesars was fined $2,000 on Dec. 15 after acknowledging the error to regulatory officials.

The court filing states that on or about Dec. 11, 2018:

“Caesars acknowledged the violation and agreed with the Division’s civil penalty determination.”

In a separate ruling, Golden Nugget was similarly caught accepting 10 bets from unknown individuals on “various New Jersey College Football Games in September 2018.”

From the filing:

“Once discovered, the wagers were cancelled; however, the funds were unable to be refunded to the patrons due to their unknown identities.”

As such, Golden Nugget was fined the amount of $390 in gaming winnings owed to those 10 unknown individuals. 

NJ sports betting prohibits bets on NJ college sports

When New Jersey passed its sports betting legislation in June, it prohibited sportsbooks from accepting wagers on college sporting events involving Garden State-based colleges such as Rutgers, Princeton and Seton Hall universities.

It also excluded any college games played inside New Jersey.

From Michael Golub, Deputy Attorney General at the DGE:

“(The casinos) took bets, and we have a prohibition against those bets being taken. So they were improperly posted (and) the bets themselves were voided. If we knew who the gamblers were, those funds got returned to them.”

In the case of Caesars’ fine, the illegal sports bets were placed specifically on a Rutgers game, likely the Sept. 15 game in Kansas. Of course, Caesars AC has no retail sportsbook on the property. So the illegal wagers probably happened at Bally’s or Harrah’s

Since Golden Nugget and Caesars both have sportsbooks based in Las Vegas, it’s also entirely possible that the data feed incorrectly added the New Jersey college games.

And unfortunately, it was not caught before the bets were placed.

“From our standpoint,” Golub said, “(the casinos) are the ones that are posting (the odds), so they’re liable. So if they have any kind of issue about where it came from, that’s something that they’re going to be looking into.”

Where Caesars and Golden Nugget sports betting happens

Both Bally’s and Harrah’s opened temporary sportsbooks in the summer with permanent facilities in the works.

Caesars customers also can use the Caesars sportsbook app or web browser.

Golden Nugget opened its temporary retail sportsbook on Aug. 15 and replaced it with a permanent space on Aug. 31.  

The property currently does not offer online sports betting, but Golden Nugget does have a partnership in place with SBTech and an NJ sportsbook app is likely to happen in the future.

NJ regulators are watching

NJ sports betting is only a few months old, and it has had its share of hiccups despite a robust start to the industry.

Sports betting accounted for $330 million in handle in November and now counts nine retail and nine online sportsbooks in its arsenal.

But NJ regulators are taking nothing for granted.

As such, fines or punishments would escalate if similar problems occurred in the future at Golden Nugget and Caesars.

Casinos themselves would need to have firmer controls and systems in place to prevent such instances from occurring again.

Dustin Gouker contributed to this reporting.

NJ Online Gambling Sets Another Revenue Record, Edges Close To $27 Million

New Jersey online casinos carried internet gaming revenue to record-setting territory of while NJ online poker continues to struggle.

The New Jersey online gaming market entered record territory — again. When 2018 is over, it may very well be known as the year NJ online gambling kept one-upping itself.

Not surprisingly, it is the online casinos that carried internet gaming to produce the record-setting revenue while online poker continues to head in the wrong direction.

According to the latest revenue report from the NJ Division of Gaming Enforcement, Atlantic City casinos brought in $26.9 million from its online activity in November 2018.

November’s figure represents an impressive 30.7 percent increase over November 2017. It is, however, only a modest gain from October 2018, which brought in $ 26.7 million.

Specifically, the casinos brought in $25.4 million, good for a 35 percent increase year over year.

Poker made up the difference with revenue of $1.5 million for the month. Compared to November 2017, its revenue decreased by 13.7 percent.

The highs and the lows of NJ online gambling

Even though all operators posted gains this month, Golden Nugget continues to carry the industry.

In fact, it keeps knocking on the door to reach $10 million. It has been north of $9 million in revenue four times this year. It did, however, take a slight step backward in November to $9.2 million.

While that figure is good for a massive 48.7 percent increase year over year, it did slip slightly from its October revenue of $9.7 million.

On the flip side is Resorts. It earned $3.6 million for November, representing a meager 1.3 percent year-over-year increase.

While Golden Nugget had a slight decrease in month-over-month revenue, Resorts was able to show a modest gain of 5.8 percent.

Hard Rock and Ocean Resort still climbing

Hard Rock Atlantic City and Ocean Resort Casino continue to grow. In the five full months of operation, both NJ online casinos have seen a triple-digit percentage growth from their first month to now.

For November, Hard Rock posted $1.3 million in revenue, its second seven-figure month in a row. That figure represents a 33.6 percent increase over October when normalized for the additional day.

Ocean Online Casino may not be growing as fast as Hard Rock online casino, but it posted an impressive 27.1 percent month-over-month increase with a November revenue figure of $731,887.

And then there’s the rest

Borgata once again sits solidly in second place behind Golden Nugget. It looked like Caesars was trying to make a run for Borgata’s position, but it took a few steps back during the last few months.

Borgata contributed $4.87 million to the overall online gaming revenue picture. That is a healthy 12.4 percent increase over last year’s number and 13.5 percent over last month’s.

Caesars after breaking into the $4-million club in September, brought in $3.9 million. It improved its November 2017 performance by 16.9 percent. At the same time, it only posted a slight gain of 3.8 percent compared to last month.

Besides Golden Nugget, Tropicana is the only NJ online casino to post a decline in November revenue when compared to October.

This month, Tropicana earned $3.4 million, a 5.4 percent decline from October’s figure of $ 3.7 million when normalized for the extra day. On the other hand, Tropicana did grow by four percent year over year.

NJ gaming, as a whole, also soared

NJ online gambling isn’t the only market posting stellar numbers.

The New Jersey gaming industry keeps proving its strength with solid overall revenue numbers.

In November, total gaming revenue was $257.4 million, a 24.7 percent increase from the same period last year.

Total gaming revenue for NJ includes:

  • Land-based casinos ($209.2 million, +12.6 percent)
  • Online gambling ($26.9 million, +30.7 percent)
  • Sports betting ($21.2 million)

Year-to-date, the NJ gaming industry brought in $2.645 billion.

That is a nearly eight percent increase when comparing it to the $2.452 billion from the same period in 2017. And we aren’t even done with 2018 yet.

While NJ sports betting is the talk of the town, it is hard to overlook the more than 30 percent growth of NJ online casinos and the strength of the industry as a whole.