BetMGM Expands Bonus Offers in New Jersey Market
BetMGM has increased its welcome bonus to $1,500 for New Jersey players, competing aggressively with DraftKings and FanDuel in the nation's most competitive online casino market.
New Jersey Bonus Details
- Welcome Bonus: 100% up to $1,500 + $25 on the house
- Previous Offer: 100% up to $1,000
- Wagering: 15x (industry-leading low requirement)
- Bonus Code: NJBONUS1500
- Available: New Jersey residents only
- Launch Date: March 10, 2024
Competitive NJ Market Heats Up
BetMGM's decision to increase its New Jersey welcome bonus from $1,000 to $1,500 reflects the intense competition in the Garden State's online casino market. New Jersey, which legalized online gambling in 2013, remains the most lucrative and competitive US market with over $1.5 billion in annual online casino revenue.
The enhanced bonus positions BetMGM to compete more effectively with DraftKings ($2,000 bonus) and Caesars ($1,250 bonus), while maintaining its reputation for player-friendly wagering requirements.
What's Included
Complete welcome package:
- 100% deposit match up to $1,500
- $25 no-deposit bonus (on the house)
- 15x wagering requirement (vs 25x-30x industry average)
- Access to 1,000+ slots and table games
- MGM Rewards integration (earn points for land-based properties)
- 24/7 customer support
Market Analysis
Industry analyst Rebecca Thompson notes: "BetMGM's bonus increase is a direct response to market dynamics. New Jersey players have become sophisticated bonus hunters, and operators need competitive offers to acquire and retain customers. The $1,500 bonus with 15x wagering is one of the best values in the state."
The move comes as BetMGM seeks to reclaim market share from DraftKings, which has been the revenue leader in New Jersey for the past six months. By offering a more generous bonus with lower wagering requirements, BetMGM is betting that value-conscious players will switch platforms.
How to Claim
- Visit BetMGM Casino and create a new account
- Enter bonus code NJBONUS1500 during registration
- Complete identity verification (required by NJ regulations)
- Make your first deposit ($10 minimum)
- Receive 100% match up to $1,500 + $25 on the house
- Start playing to clear the 15x wagering requirement
Important Terms
- • Available to New Jersey residents 21+ only
- • Bonus must be wagered 15x before withdrawal
- • Slots contribute 100%, table games contribute 10%
- • Maximum bet while bonus is active: $5 per spin/hand
- • Bonus expires 30 days after issuance
- • One bonus per household/IP address
Future Outlook
BetMGM's aggressive bonus strategy in New Jersey may signal similar increases in other states. Pennsylvania, Michigan, and West Virginia players should watch for comparable offers as BetMGM seeks to establish market leadership across all regulated US jurisdictions.