New Jersey online poker market worth up to us$ 92 million
The researchers analyzed data from 4.6 million real money online poker players in 2009 and 2010, near the peak of unregulated poker in the U.S. They found that 38,100 online poker players in New Jersey spent an average of us$ 765 per year, creating a $29.13 million market. New Jersey players accounted for 3% of U.S. revenue and 0.8% of worldwide revenue in online poker.
Under regulation, online poker is expected to grow well beyond its previous peak. The size of the market will depend strongly on the decision to either limit the player pool to in-state residents and tourists or participate in a federal or international network of players. In a New Jersey-only player pool, revenue is expected to grow from us$ 39 million in the first full year of operations to us$ 65 million in year ten. In an open network, revenue should grow from us$ 65 to us$ 92 million.
Since the crackdown on unregulated poker in April 2011 (Black Friday), U.S. online poker has become a market with little to no supply. New Jersey will be just the second state (after Nevada) to launch regulated online poker, with sites scheduled to open in the Garden State on November 26.
Pragmatic Play launches new slot game ‘Mr Null’s Wicked Wares’ with up to 5,000x wins
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Flutter boosts prediction market spending despite Q1 profit slump, cuts 2026 outlook
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Sportsbook integration: Deploying betting widgets at scale
Flows secures Pennsylvania Gaming Control Board authorisation
Aristocrat Gaming showcases new Asia-focused portfolio at G2E Asia
