Covid-19 Pandemic Boosts Online Gaming Growth For Borgata and BETMGM

Though Borgata Hotel Casino & Spa has already dominated the casino industry in Atlantic City, it seems to have its eyes set on another conquest – NJ online gaming.

Being the leading casino in the industry, Borgata and its internal partners recorded a 168% year-over-year upsurge from online gambling revenue in 2020. This amounted to a $208.2 million win which accounts for 36% of Borgata’s total gaming revenue for the year 2020, according to the report released by the New Jersey Division of Gaming Enforcement.

Online Casinos in NJ

Online Casinos
Play Now
Unibet Online Casino
Unibet Online Casino
$10 Free No Deposit Bonus

Party Casino Review for Players in NJ
100% Deposit Match up to $1000

SugarHouse NJ Online Casino
SugarHouse Casino
$250 Welcome Bonus

All New 888 Online Casino

Bet365 NJ Online Casino Review
Bet365 Casino
Get a New Player Bonus of up to $500

Deposit between. $10 and $500. Bonus will be matched to qualifying deposit. 20x wagering on deposit and bonus to make bonus balance withdrawable. Time limits and T&Cs apply.

Borgata Online Casino NJ
Borgata Casino
100% Deposit Match up to $1000

BetMGM Online Casino NJ
BetMGM Online Casino
100% Deposit Match up to $1000

Ocean Online Casino
Ocean Casino
First Deposit Bonus

With these figures, 2020 was certainly the best year in terms of online gaming revenue for the casino. This is a big jump from the revenue of $77.8 million it recorded in 2019.

The New Jersey online gaming industry recorded nearly $1 billion in annual revenue from online gaming alone in the year 2020 which shows an increase of 101%.

This big jump was all thanks to the coronavirus pandemic which saw Brick and mortar casinos close their door for over 100 days. With people confined to their homes and with no means of connecting to land-based casinos, they had to move to the New Jersey online gaming market to get back to placing wagers and winning big on their stakes

Borgata President and COO Melonie Johnson agree that the online gaming market was a big plus to casino operations last year.

“It’s proven to be very profitable for us,” Johnson said during an interview with Yahoo! Finance. “The option for a brick and mortar casino was taken away mid-March due to COVID-19. And our customers did have the option and the luxury of going online in the comfort of their own homes and playing.”

Borgata has several online sites operating under its casino gaming license including the likes of

  • BorgataCasino
  • BorgataPoker
  • PalaCasino
  • PartyCasino
  • PartyPoker

But the leading brand and the most recognizable is BetMGM.

With BetMGM being at the top, it is no surprise that the bulk of the casino’s online gaming revenue comes from BetMGM. According to the vice president of gaming for BetMGM, Matthew Sunderland, the growth of BetMGM was by design even though the Covid-19 pandemic accelerated some aspects of its growth. However, Sunderland points out that BetMGM has positioned itself over the years to claim such high returns seen in 2020.

“This is the culmination of…quite a long period of hard work,” he said, adding that factors related to COVID clearly moved the needle. “Everyone seems to be benefiting from an increase in revenue, especially when there was very little live sports and casinos were closed, requiring a natural migration online.”

The last months of 2020 saw the biggest online revenue increases recorded by the casino

  • August: $19.7 million (up 177.2%)
  • September: $20.3 million (up 191.4%)
  • October: $22 million (up 184.6%)
  • November: $23.4 million (up 185%)
  • December: $27.1 million (up 194.2%)

Borgata and BetMGM continue to promote each other with the former giving increased exposure to new players while the latter keeps customers loyal when it’s not possible for them to make a trip to the casino.

With one complimenting the other, this contributes to the increase in the company’s revenue. While the online growth is welcomed by Johnson, she also hopes for things to return to normal and that casino patrons can return back to gaming in the halls.

“Right now, we’re hopeful, very hopeful, that once we can get individuals vaccinated and we get to a point when we have herd immunity, hopefully sometime towards the latter part of this year, we can see things move to more of a normal experience at the property and within the community,” she said.

NJ Online Casino News

See more

Unibet Series XII Packed With Freerolls, Leaderboard Prizes, and More

NJ Assemblyman Seeks 5-year Pilot Relief For Atlantic City Casinos

LeoVegas Plans To Join The NJ Market With Its Rhino Gaming Platform

All Ways Hot Fruits Slot in Party Casino

888 Holdings SVP, Yaniv Sherman Talks On the Future of The Casino

NJ Looks To Remove iGaming Revenue From AC Casino Property Tax

Bet365 Renames Its Affiliate Program To Bet365 Partners

Big Changes Coming to Atlantic City Casinos This Memorial Day Weekend

NJSCOOP Makes A Comeback to PokerStars NJ with $1.2 M In Guarantees

Atlantic City Casinos Bounce Back As Covid-19 Restrictions Are Lifted

Wager at PlaySugarHouse Casino and win iRush VIP Rewards

Slingo Starburst Slot in Party Casino

Receive a 100% Casino New Player Bonus of up to $500

Caesars Entertainment Moves To Spend $400 Million To Boost Its Services

ShowBoat Owner Moves To Launch The Lucky Snake Arcade in 2021

Unibet Casino Replaces Its UK Poker Tour With The Supermoon Tournament

4 Reasons Why The NJ Casino Industry Recorded Massive Revenue In March

2 Club Owners Loses Motion To Undo Deed Limitations On Their Properties

Register now and Play Free Bingo Games at SugarHouse Casino

888 Moves To Expand Its Services As It Partners With Hacksaw Gaming

DraftKings Spanish 21 Blackjack Variant Goes Live In NJ