New Jersey Online Casinos Win $148M In 2015
Revenue Increases 21 Percent Year-Over-Year
Last week, New Jersey gaming regulators released revenue figures for December, which showed that online gaming has reached new heights in the state.
December Internet gaming revenue was $14.04 million, up nearly 31 percent from December 2014’s $10.74 million. Revenue from poker did fall to $1.98 million, down from $2.06 million the previous year.
The $14.04 million was a monthly record for the state, which kicked off online gaming in late 2013. The previous record was the $13.2 million this past November.
Since launching, New Jersey’s online gaming industry has won roughly $280 million.
The revenue from December brought 2015’s overall Internet gaming total to $148.88 million, up 21.2 percent from the $122.88 million won in 2014. Poker play fell 18.1 percent on the year, going from $29.06 million in 2014 to $23.82 million in 2015.
Here’s the Internet gaming win breakdown by operator:
Caesars Interactive NJ: $32,638,153
Golden Nugget: $30,968,182
Resorts Digital: $6,783,831
Despite the help from online gaming, Atlantic City casino win in 2015 was $2.56 billion, down 6.5 percent from $2.74 billion in 2014. The market has been contracting ever since 2006’s record of more than $5 billion.
The continued struggles for the city have prompted lawmakers not only to push for casinos in North Jersey, but to also consider a plan for a state takeover of Atlantic City’s finances. The gambling town might be on the verge of bankruptcy.
|1||Final Nine Set For 2016 WSOP Main Event|
|2||Damon Impersonates Malkovich From 'Rounders'|
|3||Someone Paid €110,000 To Player Poker With Ed Norton|
|4||CPPT Venetian: Thomas Paul Leads Final 16 Players|
|5||CPPT Venetian: Erick Lindgren Leads Final 62 Players|
|6||Jon Turner Wins CPPT Venetian Main Event|
|7||Kuljinder Sidhu Wins Bellagio Cup XII Main Event|
|8||Vegas Bookmaker Fined $1.5M, CEO To Resign|
|9||CPPT Venetian: Tommy Chen Leads After Day 1A|
|10||Tureniec Wins WSOP $1,111 Little One For One Drop|
|1||Poker Pro Folds Quads To All-In Bet In Main Event|
|2||Final Nine Set For 2016 WSOP Main Event|
|3||Fedor Holz Wins 2016 WSOP $111,111 High Roller|
|4||Man Runs Up $10K Into One Drop Buy-In Playing BJ|
|5||Phil Ivey Enters First And Only WSOP Event In 2016|
|6||Raymer Not Impressed By Being Last Former Champ Left|
|7||Mercier Proposes To Girlfriend At Final Table|
|8||Man Pays $10K To Enter Ladies Event At 2016 WSOP|
|9||2016 WSOP Main Event: 80 Players Remain After Day 5|
|10||Money Bubble Bursts In 2016 WSOP Main Event|