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September 19, 2020

Since 2013

NJ online poker industry posts lowest monthly revenue

NJ online poker industry posts lowest monthly revenue
A report by the Division of Gaming Enforcement says revenue from the iGaming sector was USD 1.73M during last month. The previous all-time-low was in 2015, before PokerStars entered the market.
United States | 07/18/2017

A report by the Division of Gaming Enforcement says revenue from the iGaming sector was USD 1.73M during last month. The previous all-time-low was in 2015, before PokerStars entered the market.

P

okerStars entered New Jersey's market in March 2016 and was expected to boost the iGaming sector, but apart from an initial short burst of enthusiasm, the online poker giant failed to trigger New Jersey’s poker boom.

The highest ever online poker haul was January 2014’s USD 3,4M shortly after the market launched.

“These are solid numbers that show that casinos are attracting more business and increasing their market. Gaming revenue for the current operators has now increased every month this year compared to last year. So far this year, total gaming win at the seven casinos is up 11.1 percent, with six of the current seven operators outperforming last year,” chairman of the New Jersey Control Commission Matt Levinson pointed out.

Online casino results

The Golden Nugget saw the biggest growth spurt in the last 12 months, an overall 23 percent increase to $23.5 million. It also stretched its online market lead, taking $5.5 million. 

The rest of the cansinos post positive results: Tropicana ($3,479,393), Borgata ($3,301,270) and Caesars ($3,141,591.

See the complete report.

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