Late November, Atlantic City’s Golden Nugget signed a new deal with Everi, a slot game developer. This means they can now launch 7 exclusive games in New Jersey like Triple Threat and 6 others.
As you probably know, The Golden Nugget already distributed Everi’s slots. But now it does so via their Remote Gaming Server (RGS). So, in a not too distant future, they’ll be releasing even more top titles by Everi. After all, Everi’s RGS content include 30 titles. And by the end of the year some say it could reach 50 games. Which means that imminently the Golden Nugget game library could exceed the 700 titles mark.
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A Successful Year
It’s undeniable, Golden Nugget has certainly focused most of its attention on its online casino. Especially when you compare it to the other operators in the Garden State. So, this new deal fits in perfectly with its current strategy, which is to keep charging forward and continue growing its portfolio. But also to convert offline players into online players with Omni-channel slots.
Golden Nugget had a very successful October. It reported revenue of around $16.6 million for its online casino, which is way up on its land-based casino. This makes it the biggest online casino in NJ. And certainly the one with the widest casino game offering too.
Yet, its the third-smallest land-based casino and sportsbook. Indeed, its online casino profits are up 62% year on year, and since its launch in 2013, it has made around $400 million.
Resorts Hot on their Heels
However, New Jersey’s Golden Goose isn’t the only brand who look to thrive. Indeed, Resorts is certainly hot on their heels. Resorts boasted $10 million in profits in October. Although this isn’t as much as Golden Nugget Casino, its sizable lead in the online casino is decreasing.
Resorts is making big steps at the moment. It doubled its revenues from 4th quarter 2018 to 1st quarter 2019. Although it has slowed down a little since then, it’s still moving faster than Golden Nugget. At their current rates of growth, Resorts will catch up by mid-2020. But, hopefully, this deal with Everi will keep the wolf from the door.