15 percent

Borgata online gaming revenue grows in January

2014-02-14
Reading time 51 seg
(US).- Boyd Gaming Corporation announced that combined, Borgata and partypoker online gaming operations generated USD 3.9 million in revenue in the month of January 2014, giving the network a market-leading 41 percent total share of New Jersey's online gaming business. Borgata accounted for USD 2.7 million in revenue, a 15 percent increase over December 2013.

Keith Smith, President and Chief Executive Officer of Boyd Gaming, said:  "Our market-leading performance is testament to the quality of our online product and the power of the Borgata brand.  These results also once again demonstrate online gaming's potential to expand our business. About 85 percent of our online players have not had rated play at Borgata in at least two years, showing there is little overlap with our land-based business. Online gaming is growing our database, creating a long-term opportunity to market Borgata to an entirely new group of customers." 

 "As we continue to refine our technology, we believe there is significant upside to our business.  In January, Borgata launched a mobile gaming app for iPhones and iPads, and we are scheduled to roll out a version for Android devices shortly.  As Borgata expands into mobile gaming, we believe we will further grow our business and the overall market," Tom Ballance, President and Chief Operating Officer of Borgata, said.

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