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March 15, 2017

What Are The Most Common Promotions Run By Real Money New Jersey Online Casino Sites?

Corey Goldberg March 15, 2017 0 comments
common NJ online gambling promo types
There are so many different kinds of promotions run by New Jersey online casinos that it is sometimes hard to wrap your head around which ones are best. Promotions great for one individual might not be worth anything to someone else.

For example, no deposit bonuses may be the best option for someone who has limited funds, whereas a match bonus is a much more ideal promotion for someone with a comfortable bankroll.

Typical promotions available at legal NJ casinos online

The most common types of promotions offered by New Jersey online gambling websites are:

  • No deposit bonuses
  • Free games
  • Deposit bonuses
  • Cash back deposit bonuses
  • Player rewards
  • Random drawings

What are NJ online casino no deposit bonuses?

No deposit bonuses are pretty much self-explanatory. They are a predetermined amount of money that New Jersey online casinos will give you to try out their software.

For example, when you sign up for a new account on TropicanaCasino.com or VirginCasino.com, and you use their respective promotional codes (PLAY20 for TropicanaCasino.com and 20BUCKS for VirginCasino.com), the sites will deposit $20 in your account.

Once you meet or exceed the playthrough requirements, you then have the option of cashing out the funds.

How do free NJ online casino games work?

Free games function much the same way as no deposit bonuses.

Instead of a dollar amount, you will receive a number of free spins on the casino’s slots. One advantage of free games is that once they are played, any funds you acquire can be cashed out immediately.

If you would like to try a free game promotion, HarrahsCasino.com will give you 20 free spins on selected slots. We tend to like no deposit bonuses better however, due to the fact that you have more options available when it comes to game selection.

What is the difference between NJ casino deposit bonuses and cash back deposit bonuses?

Deposit bonuses and cash back deposit bonuses are other common online casino promotions.

If you go to a popular online New Jersey casino, such as Betfair.com, and make a first-time deposit, it will match your funds 100 percent up to $1500.

There are usually pretty stringent playthrough requirements for these bonuses, but it’s a huge mistake not to take advantage of this free money if you’re considering a deposit into a New Jersey casino site.

TropicanaCasino.com and VirginCasino.com take a bit of a different approach to rewarding first-time customers. Rather than offering a large match bonus, these sites guarantee that you won’t lose your first $100.

If you deposit $100 in your account and lose, these sites will refund the $100 (or whatever percentage you lost up to $100) in full. This promotion is a great way to try out the Tropicana and Virgin casino software with no financial risk.

Do all NJ gambling sites offer player rewards?

Player rewards are offered at all online casinos. Some rewards programs are better than others, but for the most part, they function the same way.

Based on what games you play and the amount of money you wager, you will earn frequent player points. These points can later be traded for cash or a multitude of other prizes.

GoldenNuggetCasino.com, for example, gives you Golden Points. Golden Points have a value of $1 per 100 points and can be earned in a variety of different ways.

  • $100 wagered on slots will earn five Golden Points
  • $100 wagered on table games, blackjack, roulette, or video poker will earn one Golden Point
  • Every day a real money wager is played: 10 points
  • Every day the patron deposits between $50 and $99: 20 points
  • Every day the patron deposits $100 or more: 40 points

As you play, the points pile up. Another great thing specific to GoldenNuggetCasino.com’s player rewards program is that once your Golden Points have been converted to cash, they can be withdrawn from your account immediately with no further restrictions.

How do random drawings work at real money casinos online in NJ?

The last ubiquitous promotion found at New Jersey online casinos are random drawings. Play at any number of New Jersey online casinos and you will have your name entered into raffles for a variety of prize packages.

For instance, last fall at VirginCasino.com, a trip to the Rocky Mountains in Aspen, Colorado (valued at $4,000) was up for grabs. For every $50 you wagered, you earned a ticket into the drawing.

There are other promotions, but these are by far the most common. With all the different online casinos competing for your business, no matter what your gambling style, you should be able to find the perfect promotion for you.

Atlantic City Casino Revenue In The Black For February, Thanks Again To Online Gambling

March 15, 2017 0 comments
AC revenue February2017
Fueled by strong performances from Golden NuggetTropicana, Resorts and the NJ online gambling industry, Atlantic City casino revenue showed a minor uptick in February, continuing upon what’s becoming a prolonged growth trend for the boardwalk city.

AC casino revenue for February: The big picture

The latest revenue report from the NJ Division of Gaming Enforcement all but confirms that last year’s growth was no fluke. In February 2017, industry revenue climbed to $205.4 million, representing a 0.32 percent uptick over the same month last year, when AC generated $204.7 million in casino revenue.

Admittedly, this may not seem like a significant gain, but there are two variables at play that brighten the picture. For one, Atlantic City consists of one less casino than it did last year, as Trump Taj Mahal shuttered its doors in October. Last February, Taj accounted for 5.91 percent of industry revenue.

Furthermore, last February was one day longer. On a daily basis, AC revenue grew more along the lines of 3.9 percent.

Taken together, this means that the city’s remaining seven casinos, combined with the NJ online gambling industry, have more than compensated for the loss of the Taj.

On another positive note, total industry revenue for February was up 0.34 percent over January, despite January’s longer length by three days, including one extra weekend day.

Play At Tropicana Online With A Free Bonus

Online gambling turns a negative into a positive…again

As was the case for 2016, Atlantic City would have not shown a year-over-year profit if it wasn’t for the explosive growth of NJ gambling websites. Collectively, AC’s land-based casinos generated $186.6 million in February, compared to $189 million last year, reflecting a 1.75 percent decline.

By contrast, online revenue was up a rather staggering 26.9 percent, climbing from $14.8 million in February 2016 to $18.7 million last month.That proved just enough to push total industry revenue into the black.

Notably, February marked the first time that AC casinos generated less than ten times the revenue as the state’s online casino and poker sites. Online gambling has proven particularly beneficial to Atlantic City during the cold winter months, when land-based revenue tends to bottom out due to reduced tourism. Online gambling spikes because residents engage in more indoor activities.

Winners and losers for February

Caesars NJ online may have stolen the spotlight in January, but it was two unlikely heroes that paved the way for February’s growth: Tropicana and Resorts.

  • Tropicana was the biggest gainer, with year-over-year revenue climbing 28.1 percent. The casino also fared well on the online front, as revenue climbed 6.6 percent — although that figure lagged behind the online gambling industry as a unit.
  • Resorts clocked in as the second biggest mover, as revenue rose 21.3 percent to $15.1 million. Also worth noting is that Resorts’ revenue increased 18.1 percent over January, most among Atlantic City casinos.
  • Three other casinos were in the black: Caesars (+0.87 percent), Golden Nugget (+5.02 percent), and Harrah’s (0.55 percent). Golden Nugget made monumental strides on the online gambling side, becoming the first individual operator to take in over $5 million ($5,175,795 to be exact). The industry leader’s revenue was up a staggering 66 percent over last February.
  • After generating over $60 million in January, Borgata revenue slipped to $58.2 million, down 0.7 percent year-over-year. Borgata still accounted for over 31 percent of total land-based revenue, however.Image credit: Racheal Grazias / Shutterstock.com