In 2023, the gambling revenue in New Jersey witnessed a robust increase of 10.9%
In the latest monthly report released by the New Jersey Division of Gaming Enforcement (DGE), it was revealed that the gross gambling revenue (GGR) for casinos, race grounds, and online casinos in the state reached $5.78 billion in 2023. This reflects a notable 10.9% increase compared to the figures reported in 2022.
Atlantic City’s brick-and-mortar casinos generated $2.85 billion in revenue—a 2.2% rise from the previous year. Within this category, slot machines contributed $2.11 billion, while gambling tables accounted for $736 million.
Online gambling brought $1.92 billion in revenue, marking a substantial 15.7% increase from 2022. The sports betting segment also experienced a significant boost, with a remarkable 31.9% rise in revenue, reaching a total of $1.01 billion.
Among the Atlantic City gambling establishments, Borgata Casino claimed the top spot in revenue with $729.7 million. Following closely behind were Hard Rock with $512.4 million and Ocean Casino Resort with $415 million.
Earlier it was reported that Macau’s gaming revenue soared to 4.4 billion in the first week of January.
Kenya to impose restrictions on online casino advertising
Kenya is set to impose restrictions on online betting and casino advertising, as outlined in an agreement approved by the High Court of Kenya.
The document reveals that the Kenya Betting Control and Licensing Board (BCLB) will now oversee the enforcement of discontinuing the use of the browser’s speed dial function by gaming operators for promoting bets, lotteries, and gambling activities.
This decision signifies a notable advancement in Kenya’s efforts to regulate online gambling and advertising. It serves as a poignant reminder that, although the Internet offers avenues for business expansion, it is imperative to safeguard against the exploitation of vulnerable groups, particularly minors.
While an agreement has been reached, the resolution of other issues regarding the regulation of betting and gambling advertising is still pending. A court hearing on these unresolved matters is slated for May 9.
Pariplay has revealed a new partnership with PlayStar to provide its slots and online games in New Jersey
Pariplay has strategically expanded its influence in New Jersey by launching its content in collaboration with PlayStar. Now the PlayStar’s Fusion platform offers an array of slot machines, including titles from Pariplay.
This collaboration follows Pariplay’s November 2023 partnership with Hard Rock Bet in New Jersey, further solidifying Pariplay’s footprint in the state.
Shivan Patel from Pariplay emphasised: “Expanding our presence in North America remains a key priority, and this launch with PlayStar represents another significant step in our dedication to providing top-notch content to players in the region.”
PlayStar’s CCO Dan Alexander added: “Introducing a variety of new content through this New Jersey launch is fantastic for our players. With ambitious plans across North America, we eagerly anticipate our customers’ response to the compelling entertainment experience now available to them.”
