Golden Nugget Casino will finally feature mobile and online sportsbook betting. After years of absence from major NFL competitions, the facility steps into the sportsbook industry in style. The casino recently clinched a deal with SBTech software which also supplies premium local platforms - BetAmerica and Resorts online sportsbook. To welcome players, the casino is providing a $50 refund on the first wager.
Upsides
New Jersey’s casino is widely known for having a Golden Nugget AJ license, which reached $12.1 million this past January. The casino produces major revenues from operation, more than two other license holders, including Betfair and PlaySugarHouse. With the recent implementation, we expect regular customers to switch from traditional casino bets to sportsbook options, which will naturally boost the company’s revenue.
Kick off your betting experience and receive $20 free by entering the PROMO code: NJOG20. The bonus comes with 100% up to $1000 match and you can utilize it while playing a plethora of games including live dealer options. The platform is also available for smartphone gamblers via iOS and Android.
Downsides
One of the obvious disadvantages is the inability to include NBA betting. The casino’s owner, Tilman Feritta is also known as Houston Rockets holder which comes with prohibitions for NBA wagers. State regulation clearly forbids betting inclusion for everyone with a stake in the sport industry. This particular hurdle is more than problematic for the NJ provider, as they miss profiting from the highly valuable basketball sector, which only this past January alone generated $135.6 million.
The Verdict
Golden Nugget offers a selection of betting options, including Oscars betting and we expect new additions soon. One of the obvious innovations is the Golden Lines inclusion which boosts odds on pre-determined bets. Parlay boosts are also useful features, with an average payment of 3 -20% on hand-picked parlays. With all these betting options, together with 100% up to a $1000 welcome package, we believe that the facility has more than enough.
Even without basketball sports wagers, it will keep its place in the highly competitive sportsbook industry. With regular promotions and an easy-to-use, functional interface, the New Jersey casino will remain in the group of leading betting providers.
Source:
“Online gambling industry leader in New Jersey launches integrated sportsbook”, Robert Dellafave, njonlinegambling.com, February 19, 2019.