Online gambling revenue in New Jersey reached a new high in March, with online casinos and poker generating $165.7m, an increase of 8.4% from the previous monthly high of $152.8m in January. Year-on-year, revenue in March 2023 was up by 17.8% compared to the same month in 2022, with online gambling generating $461.2m in the first quarter of 2023, a 12.9% increase from the same period in 2022. According to data from the NJ Division of Gaming Enforcement, online gambling revenue accounted for 38% of March’s total gambling revenue reported by Atlantic City casinos and their digital partners. State gaming regulators do not separate out individual online gambling operators, so determining revenue from specific websites or mobile apps is not possible.

Galaxy Entertainment Group’s upcoming Phase 3 and 4 of the Galaxy Macau resort will enhance its ability to gain market share in Macau, according to Credit Suisse analysts. The new amenities and increasing connectivity between the resort’s phases should underpin the company’s long-term growth, while the addition of non-gaming elements and capacity will further strengthen its position. Phase 3 will introduce a Raffles hotel, Andaz Macau hotel, and a Galaxy International Convention Center, while Phase 4, expected to open in 2025, is seen as more lifestyle-focused. Upon completion, there could be increased connectivity between all phases, the analysts said.